Budgeting for renovation
Bessie Hassan, a money expert at www.finder.com.au, says the popularity of renovating is soaring. “Our survey round one in three Australian home owners have renovated their home,” she told realestate.com.au “Knowing what the average cost of your renovation is can help you set a budget, although it is near impossible to predict the exact cost […]
Brisbane clearance rates top the list
Results from CoreLogic data show Brisbane achieved a 60 per cent clearance rate in late August, beating Sydney’s 56.5 per cent and Melbourne’s 55.7 per cent. In fact, the Brisbane auction clearance rate jumped 14.9 per cent compared to the same period last year. Auction volumes are continuing to build leading up to the peak […]
Northside renters on a winner
The Queensland Tenancy Authority report named Northgate as Brisbane’s fourth cheapest suburb to rent a two-bedroom apartment, with an average rent of $313 per week, in the quarter to June 2018. That’s an increase of $13 per week in comparison to the same quarter in 2016. According to realestate.com.au, Bracken Ridge, Brighton, Deagon and Sandgate […]
Brisbane defies downturn
Suburbs such as Nundah and Bridgeman Downs have cracked the $2 million owner-occupier purchases this year, adding to new figures that show Brisbane is the only capital city to record an increase in home values over the week, month, year-to-date and 12 months. On Brisbane’s northside, suburb medians have reached $750,000, well above the city’s […]
Capital city property values hold steady – mostly
Melbourne continued its trend for biggest decline of all the major capital city markets by 0.2 of a percentage point and Brisbane fell by 0.1 of a percentage point. Sydney, Adelaide and Perth all remained steady. According to the experts, if you want to see how property could move in the future, it’s important to […]
Moving house checklist
But there are a few things you can do to make sure it all goes smoothly. Firstly, declutter! This is the perfect time to finally go through all those cupboards and drawers and clear out everything you don’t need. What to do with all the stuff you’re getting rid of? Sell it, donate it or […]
New GST-withholding rules
Any legislation involving tax is complicated, but here’s a brief explanation as to what the new rules mean. Under the rules, every seller must give the buyer notice of whether the buyer is required to withhold GST at settlement. Failure to give that notice could result in a penalty, whether GST is withheld or not. […]
Will negative gearing be an election issue?
The Coalition is currently saying they will make no changes to negative gearing, but the Labor Party are proposing it will apply to the purchase of new buildings only – although existing negatively geared properties would remain so. A recent report by RiskWise Property Research and Wargent Advisory shows the ALP policy would lead to […]
