REIA has long argued stamp duties are a highly inefficient tax that limits population mobility as highlighted in the Henry Tax Review.
The results are, in the main, appallingly inaccurate and makes a mockery of offering the service in the first place.
With the housing market highly correlated to economic growth, it’s fair to expect that the values of quality, well-located Sydney property will continue to produce decent long-term returns.
The rule of thumb is, if you can you can take on the mortgage at 7%, take it. If you can’t, don’t consider it ‘free money’
The reality is that astute investors who buy in the right areas can still achieve double digit capital growth rates in Perth.
While Sydney house prices have dominated commentary, I do not believe yesterday’s announcement will overheat the market although it should remain buoyant.
Our experience is that improved infrastructure, especially road and rail links, lead to improvements in property values.
This proposal could see equity in family homes hollowed out over time.
The top conclusion is that Chinese buyers can be a valuable and profitable element of any real estate business in Australia, if the principals and agents make that their goal.
The specialist accreditation scheme will recognise professionalism in the area of the professional’s specialised activity.
he bank of mum and dad are now the middle men between the central banks and the younger generations.
Property Management is a very detailed job and is best left to someone who is very good at detail.
Buyers can afford to be picky as they have lots of choice.
There are a few simple but effective ways to get rid of your home loan sooner.
Overall, when viewed through the eyes of an expat, Australian housing has actually dropped in price outside the Sydney and Melbourne markets.