Did you know that as of 1st July 2018 first-home buyers will be allowed to use up to $30,000 voluntary superannuation contributions to place a deposit on a house or apartment? A new $250 million government scheme is on the way to assist the younger generations gain a foothold in the property market. You can…
Over the past 10 years Sydney and Melbourne regions have experienced the strongest growth while other capital cities have generally seen comparatively moderate value increases. Property prices in Wyndham, outer suburbs Melbourne have soared 130% in the past decade. This makes a lot of sense with the rising prices of inner city options are becoming…
On the 9th of May 2017, the ATO announced sweeping reforms to the depreciation laws that have really changed the game for property investors. While the changes present some challenges for investors, one benefit is that buying new property is more affordable (from a cash flow perspective), than investing in second-hand property. The New Rules:…
Considering purchasing your first home in Victoria? There are a number of changes being made to stamp duty measures and a new government initiative that could save you quite a substantial sum and help you purchase your first home. HomesVic HomesVic is a shared equity scheme being introduced from 1 January 2018 with an initial…
Have you ever wondered what it is that causes property prices to increase or how best to determine growth of an area? Today we’re going to take a look at a few different ways to assess whether an area is ripe for purchase and how to evaluate where to invest your hard earned cash for…
Be sure to keep an eye on Queensland property prices as it’s confirmed that interstate migration has hit an all-time high for the sunshine state. The Australian Bureau of Statistics shows that the net interstate migration is the highest it has been in 8 years and doesn’t appear to be slowing down. The Sunshine Coast…
One of the biggest fears people have before entering the property market is the costs and unexpected circumstances after the property sale. Here we look at a few tips that will assist you with your planning and enable you to be as prepared as possible to make your first purchase a happy and stress-free one….
If you are looking at purchasing your first property, either your first home or investment, it can be quite daunting with a whole new world of information being put before you. You’re up all night looking at locations all over the place, trying to stay within the budget you have set yourself. Sound familiar? What…
Despite rising property prices there are suburbs that offer quality, brand new apartments for under $500,000; perfect for the astute investor, first-home buyer or if you’re looking to downsize. Here we take a look at five suburbs where you can still buy value for money. 1. West Melbourne VIC 3003 Melbourne has ranked as the…
Fitzroy North, defined as post code 3068, is an inner-city suburb of Melbourne located four kilometres north-east of the city’s central business district. It adjoins Fitzroy to the south, Clifton Hill to the east, Princes Hill to the west and Northcote to the north. Rich in heritage, Fitzroy North is home to an abundance of…