By Peter Sarmas on 15 Apr 2013 No Comments
The property market showed signs of stabilising in 2012 as the Reserve Bank of Australia reduced interest rates to an all-time low of 3%. Recent avoidance of America's "fiscal cliff" and the latest Chinese export data changed sentiment among some economists. Three of the four major banks have revised expectations of 3 rate cuts by the RBA this year ...
By AOXEN on 13 Apr 2013 No Comments
As tax time approaches, property owners should make sure they understand which deductions they are entitled to claim - and which they are not. Owners of income-producing properties can claim depreciation deductions related to the building's structure via the capital works allowance. As a general rule, homes built after ...
By Street News on 12 Apr 2013 No Comments
Looking for an affordable way to own your next home? Swedish furniture company IKEA has recently launched the ultimate fold-out product: a flat-pack house. The 16.2m x 4.3m pre-furnished home has been given the name 'Aktiv' and was created in collaboration with US architectural firm Ideabox ...
By AOXEN on 11 Apr 2013 No Comments
It is so important for property investors to claim all the relevant deductions available to them, especially with tax time just around the corner. Unfortunately, depreciation is the most commonly missed deduction because it is a non-cash deduction. The ATO allows property investors to claim a deduction back at tax time to compensate for the property getting older ...
By Greville Pabst on 8 Apr 2013 No Comments
As the price of land in Melbourne rises to new heights, the gap between new and established houses is narrowing. When choosing between newly built or established homes there are a number of factors for buyers to consider if they wish to maximise on capital growth, return rate and marketability ...
By Greville Pabst on 7 Apr 2013 No Comments
The social values and habits of Australian home buyers are changing. Struggling to manage the ever difficult balance between work and social life, Australians are recognising the importance of a home's proximity and accessibility to work, schools and transport ...
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