Mongolian mining boom expected to drive Ulaanbaatar real estate sector
Developer Asia Pacific Investment Partners is offering investors the opportunity to take part in Mongolia's economic growth, with price reductions on five of the remaining apartments in the Ulaanbaatar CBD development, Olympic Residence.
“Once southern investors get wind that Darwin real estate is taking off again thanks to our investment yields above 4% and relative affordability, there’ll be no stopping this market,” says Glenn Grantham, of Raine & Horne Darwin.
Bradley Beer, CEO of BMT Tax Depreciation, lists the top five tax mistakes made by investors that can result in missing out on thousands of dollars in deductions each year.
Sussan Ley stands aside over trip including Gold Coast property purchase
Sussan Ley's decision to purchase her third investment property on a taxpayer funded trip makes her appear out of touch with everyday Australians, many of whom can't afford to buy their own home.
Attributing blame to a select group for the housing crisis is unfair, especially since this minority group consists of hard-working individuals who have done nothing more than use tax laws commonly deployed by most taxpayers.
Weighing up rental vacancies and unemployment rates
Ideally property investors will purchase in a suburb where vacancy rates are high and unemployment figures are low, but the two factors have to be weighed up if either is less than ideal.