by kirstyb | Feb 27, 2023 | Economy, Finance, Housing Prices, Interest Rates, Property Investment, Tax & Accounting
With house prices now easing a little from the highs of some 12-18 months ago, many properties still remain high, especially in the most desirable areas. According to CoreLogic, which monitors housing prices across Australia, our biggest capitals, being Sydney and...
by kirstyb | Jan 31, 2023 | Housing Prices, Interest Rates, Land Tax, Property Investment
Rising interest rates and falling house prices don’t have to be a cause for alarm for households. Overall, there are many things that you can do to prepare, like examining your financial position and not making unnecessary purchases on depreciable items like cars and...
by kirstyb | Sep 21, 2022 | Finance, Housing Prices, Property Investment
As we are preparing many income tax returns for FY 2022, we would like to highlight 10 tips to avoid rental property tax mistakes. Avoiding these 10 common mistakes will save you time and money. 1. Apportioning expenses and income for co-owned properties. If you own a...
by kirstyb | Aug 2, 2022 | Housing Prices, Interest Rates, Land Tax, Property Investment
By Andrew Stone (from Property Analytics) The Melbourne Housing market update. Prices are down from their late 2021 peak! The market started to run out of steam towards the end of last year. The Rolling 3 Month Median $ Price is now about 6% lower than its peak in...
by kirstyb | Feb 28, 2022 | Housing Prices, Property Investment, Tax Returns
The purchase of an investment property will be one of the biggest decisions of your life, both emotionally & monetary. Once purchased you can maximise your claim and get the most out of tax deductions. It is therefore imperative that you get it right! There are so...
by kirstyb | Feb 28, 2022 | Construction, Housing Prices, Land Tax, Property Investment
Basically, if you buy any investment, including a property, and sell it for another price, the difference between the amounts is your capital gain or capital loss. If you receive more for your property than what you paid for it, you’ll have made a capital gain...
