The State of Melbourne & Sydney Property Markets

The State of Melbourne & Sydney Property Markets

2 years ago 0 0 826

Speculations on the Melbourne & Sydney property market following the Australia Bureau of Statistics’ (ABS) latest figures on home prices in the June quarter, have been pretty disparate. According to the ABS, Melbourne & Sydney had posted home price rises of more than 1% in the June quarter, with prices rising by almost 9% in Sydney – more than twice Melbourne’s 4.2% gain. This comes on the back of a tighter regulatory environment, including the crackdown on errant foreign investors. Experts from Morgan Stanley and Goldman Sachs have pointed out that a recession could be imminent as auctions for homes in Sydney and Melbourne soften. Conversely, some of Australia’s leading economists say that there is no bursting bubble in the near future, predicting that Melbourne & Sydney could enjoy strong growth this coming year. An exclusive Fairfax Media survey of 25 leading economic forecasters reveals that most believe house prices

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Capital Gains & Depreciation Facts for Australia Property Investors

2 years ago 0 0 994

If you have invested in, or are planning to invest in property in Australia, it may be useful to find out about Capital Gains Tax (CGT). CGT was introduced in Sept 20, 1985 and is the tax payable on the difference between the cost of a purchased asset and the amount received for that same asset upon disposal. In property investor-speak, this simply means the difference between the original purchase price of a property (includes capital buying costs) and the price the property is sold for (includes selling costs). An investor claiming property depreciation can affect a change in the cost base, thus changing capital gain or loss. What implications does this hold for the investor? Would you like to find out the following: 1. What is property depreciation? 2. How do capital works deductions affect CGT? 3. How does plant and equipment depreciation affect CGT? 4. What CGT exemptions

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The Changing Face of Melbourne

2 years ago 0 3 1145

There’s no denying Melbourne’s reputation as the Most Liveable City in the World. Bestowed on this beautiful city four times, this ranking holds merit, evidenced by the population growth over the years. What was once a backwater town has boomed into a world class city. And there’s no stopping this growth, by the looks of it: Melbourne is slated to overtake Sydney as the biggest city in Australia in the near future. What does this mean and what solutions are being explored to accommodate such growth?   7 News highlights this in their special two-part report (CLICK on both links to watch video): 7 News | The Changing Face of Melbourne Part 1 7 News | The Changing Face of Melbourne Part 2 An increased population will lead to a continual sprawl in the city and drive the demand for housing. And as migrants continue to move into Melbourne, there

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2015 Statistics: Best Buy-to-let Investments in the UK

2 years ago 0 0 855

The ringgit has plunged. You’ve been saving diligently but the value of your savings is a fraction of what it once was. So you’ve decided to take matters into your own hands – you are investing in rental property to hedge against the ringgit (and get something back for your investment!). Best Buy-to-let Investments in the UK Congratulations! A wise decision, indeed.  But, where to invest? Back to basics: invest in property located in countries/locations with stronger currency stronger economy job growth education opportunities This help increases the value and ‘rentability’ of a property. For most landlords with one or two properties, the key to success is capital growth. If the property you invest in grows in value, you will increase your total profits. One market that has remained a haven for property investors is the UK. But, as London property prices soar higher and yields go lower, property in

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