Melbourne Property Market Update – January 10th, 2015

By Peter Sarmas on 10 Jan 2015
No Comments yet, your thoughts are very welcome

Owners of rental properties may need to exercise greater prudence when it comes to assessment of rental incomes and tax expense claims in 2015. The ATO will target rental properties and expand its investigation into many other areas and issues to ensure that taxpayers pay the appropriate amounts.

A joint venture between Urban Melbourne and My Real Estate Mate has taken effect with the latter’s Apartment Register platform now a permanent feature on Urban Melbourne. What will it mean for the apartment buyer?

Don’t put your life at risk for a construction deadline. There are five main causes of injury on a construction site and you need to ensure that you are covered for these injuries.

From 1 January 2015 all real estate agency licensees opening a trust account in NSW must apply to the Office of Finance and Services for a unique identifying number (UIN). What lead to this change and how will it affect the licensees and consumer funds?

Will a supermarket move into mortgages in 2015? One prominent third-party consultant has revealed that several “non-traditional brands” are “well-advanced” in their planning to enter the mortgage market. The companies he’s advised are looking for new ways to sell to their customers.

Martin North, the Principal of Digital Finance Analytics, looks at the overall data from the latest banking statistics following the release of the November data from both the RBA and APRA.

About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.

Share with friendsX