Posts Tagged ‘property’

How to benefit from your property’s depreciation

As a property investor, it is important to become familiar with the tax benefits available to you. When a property is being used for investment purposes, the Australian Tax Office allows investors to claim the decline in value of the building by way of a tax deduction. The total amount that can be deducted is calculated on an individual basis.

The most efficient way to claim … Read more »

How to build a multi property portfolio

72 per cent of investors only own one property in Australia. This represents a lost opportunity considering the best way to unlock the financial benefits of investing in property is to own multiple assets. The key to building a strong portfolio is tapping into your equity, which can be converted into cash for deposits for future investments. But starting this process can be overwhelming, often discouraging investors to … Read more »

Gentrification: What does it mean for your next property investment?

Gentrification was a term coined in the 1950s to describe organic population shifts witnessed in London’s inner neighbourhoods. It involves a process whereby higher income investors displace lower income residents of a neighbourhood or suburb, ultimately changing the character and physical appearance of the area.

It’s important not to confuse gentrification with urban renewal; a process of clearing and rebuilding or renovating properties in urban slums. … Read more »

How to choose a home that will be a good investment

Being a first home buyer is no easy task. The sea of processes and procedures can be overwhelming and stressful. For people wishing to enter the property market, a common question is “should I buy an investment property, or my first home?”. The answer depends on the purchaser’s long-term financial goals. But is there a way to do both?

Four things to consider when seeking out your first … Read more »

Why property owners should use an offset account

When investing in property there are various different loan types that you can come across including fixed term loans, variable-rate loans as well as being able to use an offset account. An offset account has the potential to save you thousands or even hundreds of thousands of dollars during your mortgage lifetime. So what exactly is it and how can you use it? Alex Goldhagen from iBuyNew explains.

What is … Read more »

Australia opens doors to foreign investment

The Australian Government has now introduced a new Visa stream called the Premium Investor Visa (PIV), which allows foreign entrepreneurs and innovators to gain access to a permanent residency in Australia for a minimum $15 million investment. Applicants of the PIV can apply by invitation only from the Department of Immigration and Border Protection. The Visa represents a new opportunity for those with proven success to secure a permanent residency … Read more »

What landlords need to know about tenant rights and responsibilities

Being a landlord involves more than collecting rent and managing repairs. Over the years, the balance between tenant and landlord rights has been a constant pendulum swing; with both parties believing their rights could be improved.

As a landlord it’s imperative to understand both landlord and tenant rights and responsibilities. Knowing the process and protocol in your state will see you navigate your way around legislation correctly, ultimately staying away from … Read more »

What to do if the market bursts

Predictions that the Australian property market will burst continue to run rampant as the country faces the greatest credit-fuelled real estate market it’s ever seen. The market has seen a drop off in investor confidence and the repercussions of this are being felt from buyers to sellers with falling auction clearance rates and plateauing property prices in Sydney and Melbourne.

Here are our tips for property … Read more »

6 tips to maximise your rental return

To keep a grounded view of the market and ensure you don’t lose quality tenants, consider following some simple steps to maximise your rental returns.

One step is to regularly review your rents and ensure they are at market levels, while giving tenants ample prior notice of rental increases. This will assist you in keeping your tenants content living in your investment property.

Multiply the average rental yield of comparable properties in … Read more »

5 features to look for in a variable loan

Whether you’re a first home buyer or a seasoned property investor, it’s important to choose the right loan for your needs.

When choosing a variable-rate loan, remember that the right loan will offer a combination of flexibility and convenience as well as competitive rates and fees. Of course, everyone has different needs and specific financial goals.

Read the full article from realestate.com.au to find out more.

Speak to … Read more »