House Prices
Budget 16 Property & Tax Changes
Negative gearing has thankfully been ruled out as an area the coalition will be attacking to provide budget savings. Any policy which creates a disincentive to self-fund your retirement is a ludicrous one in our view. Not to mention the net tax result of a diminishing property market. So what has changed in the…
Read MoreThe questions we’re asked on a daily basis
Navigating the world of property depreciation can be a daunting task for property investors. Our aim is to simplify the process, eliminate the B.S. and arm investors with the knowledge they need to get the most out of their property. With that in mind, we thought it would be a good time to answer some…
Read MoreNegative Gearing and the Mum and Dad Investors
Much has been posited about the typical Australian property investor, especially their salary. According to the ATO, 67% of investors claiming rental interest deductions take home under $80,000 per year. At least as far back as 2014, the data has been pulled apart and commentators have asserted that the data is flawed. Their argument is…
Read MoreAverage Depreciation for Port Macquarie Home
Last month we looked at some depreciation deductions for a typical unit in Sydney. We chose a rather average unit and this month we’ll be doing the same with a house in Bonny Hills, which is near Port Macquarie. It’s easy to pick an eight million dollar unit and talk about how fantastic the deductions…
Read MoreThe property market in Darwin – Still a hotspot?
I thought I’d take a look at a property market that’s been getting a lot of press lately: Darwin. This property market has been attracting a lot of attention based on the fact that capital gains within the Darwin housing market have been outperforming the broader capital city average since early 2004. It’s easy to…
Read MoreConsumer House Price Expectations Index Moderates in January 2013
The Westpac-Melbourne Institute Consumer House Price Expectations Index moderated in January, all but reversing a spike in October. The Index indicated that 26.7% of respondents expect house prices to rise over the year ahead. This is a fall of 7.7pts from October, following a rise of 9.1pts between July and October. This reversal of consumer’s…
Read MoreMCG Director Mike Mortlock on Property Observer Today
Our article on the influence of real estate terms on sales prices has been featured on Property Observer today. You can take a look at the article here: http://www.propertyobserver.com.au/industry-news/the-five-words-that-help-sell-your-home-and-the-five-that-don-t-mike-mortlock/2012111557844
Read MoreLessons from Freakonomics – Are real estate incentives aligned with the goal of achieving the highest price?
** This article appeared on Property Observer Today ** I’ve recently returned from some time in the United States, and I always find Americans’ service gratuity or ‘tipping’ an interesting contrast to life back in Australia. Tipping got me thinking of the book Freakonomics (which I’d recommend to anyone who’s interested in bizarre correlations and…
Read MoreHIA voice concerns over the decline in residential construction activity
In a one page bulletin produced last week, the HIA called for interest rate cuts and supply side reforms to arrest the on-going decline in residential construction activity in Australia. The HIA represents the construction industry and by proxy has a vested interest in construction activity; however there is growing evidence of supply side problems with concerns…
Read MoreRBA February 2012 Board Meeting Minutes
Much to the surprise of most economists, the RBA kept the cash rate steady in February. Information available since the December meeting confirmed that economic conditions in Europe were weakening late last year, with significant downside risks. In line with this, most forecasters have lowered their forecasts for world GDP growth this year to a below trend…
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