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Royal
Cudlee Creek
Victims who lost homes and cars in SA bushfires to get tax relief.The SA Government announces tax exemptions for bushfire victims who lost property in the state's recent blazes including in the Adelaide Hills and on Kangaroo Island.. People affected by the fires will be exempt from stamp duty for replacement properties and vehicles, and will not have to pay land tax in 2019–20 or 2020–21.Administration fees will be waived for people replacing lost or destroyed drivers' licences, as well as for replacement motor vehicles, Treasurer Rob Lucas announced. Owners of cars destroyed in the fire will be able to apply for refunds of their unexpired registration. "The land tax and stamp duty relief measures are similar to those introduced by the Victorian Government, but the land tax relief measures are for two years compared to one in Victoria." Stamp duty relief on new homes will be capped at $48,830 — the amount due on a $1 million property — while on cars it will be capped at $1,940, the amount payable on a private vehicle worth $50,000. Read more here:x
Victims who lost homes and cars in SA bushfires to...
The SA Government announces tax exemptions for bushfire victims who lost property in the state's recent blazes including in the Adelaide Hills and on Kangaroo Island.
www.abc.net.au
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16 Views
6D ago
Royal
Price
Biggest money making suburbs in the last 10 years Between 2009 and 2019, there have been 10 hot spring selling seasons, a rotation of seven prime ministers, and who can Melbourne being dubbed as the most liveable city for seven years in a row by The Economist’s Global Liveability Index? Has your suburb made you money over the last 10 years? Here you can see how much your suburb has grown in price over the last decade… Read this video:x
Biggest money making suburbs in the last 10 years
As we near the end of 2019 and enter a new decade, realestate.com.au data reveals the top price growth suburbs across the country.
www.realestate.com.au
0 Reply
14 Views
7D ago
Royal
Price
A property expert has taken his pick in a premiership of sorts, highlighting the town or city in each state where he predicts will see the greatest improvements in property value. Here are his top picks and his reasons for predicting them across each of Australia’s six states: Victoria – WarrnamboolMedian house price: $360,000Capital growth for the year ending October 2019: 4.3 per cent Rents increased by 8.8 per cent over the last 12 months, while the number of listed properties for sale has fallen 27 per cent. Queensland – CairnsMedian house price: $420,000Capital growth for the year ending October 2019: 1.2 per cent Transport infrastructure is also set to expand in 2020, inclusive of airport work, seaport upgrades and major highway projects, while a world-class convention centre should also begin construction in May. South Australia – Victor HarbourMedian house price: $360,000Capital growth for the year ending October 2019: 1.4 per cent A lifestyle location and local tourism hotspot, Mr Pressley has flagged how new federal and state government investment, the approval of a new hotel and opening of a new shopping centre are all indicative of the town’s potential. While the market has been flat for a number of years, he pointed out that household rents did increase by 9.5 per cent last year while sale supply dropped 19 per cent. Tasmania – KingboroughMedian house price: $550,000Capital growth for the year ending October 2019: 1.9 per centTasmania ended 2019 as Australia’s fastest-growing economy. As a municipality making up Greater-Hobart, it makes the list of Australia’s best-performing property market for the last three to five years. Western Australia – NedlandsMedian house price: $1.48 millionCapital growth for the year ending October 2019: -8.2 per centProperty prices in Perth’s inner-west Nedlands municipality are lower today than they were 10 years ago. With the Western Australian capital economy seeing slow improvement, and the previous housing oversupply mostly absorbed.While not expecting Perth’s property market “to set the world on fire any time soon”, property experts says that 2020 will produce the first year of growth for some years. New South Wales – ForbesMedian house price: $250,000Capital growth for the year ending October 2019: -6.3 per cent Forbes has a population of just 10,000, but it hasn’t stopped the town from recording a 5.3 per cent average annual growth in median house prices over the last 20 years. Read more:x
Predicting each state’s biggest price improver f...
A property expert has taken his pick in a premiership of sorts, highlighting the town or city in each state where he predicts will see the greatest improvements in property value.
www.smartpropertyinvestment.com.au
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27 Views
9D ago
InvestAus
Short
Families who missed out on buying a home last year on the northern beaches are already bombarding agents looking for a home.
Forty-five people inspected a three-bedroom home in Avalon since it launched on January 2, and demand is so high homeowners are coming to market early to take advantage of eager buyers. Thirty-four homes were listed for sale on the northern beaches this month and auctions are already scheduled for January and early February. Traditionally homeowners wait until after the Australia Day long weekend to come to market. Read More:x
2020 property predictions for the northern beaches...
The property predictions for the northern beaches for 2020 are continued strong buyer demand and low supply and more buyer confidence especially if there is another interest rate cut.
www.realestate.com.au
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59 Views
11D ago
Royal
Price
We all want to buy our house or our next investment property at the lowest price possible, or at least get good value for our money.You now know that the asking price quoted by the selling agent will usually be more than the owner is willing to take for their home. Everybody knows that the asking price quoted by the agent will usually be more than the house owner is willing to take for their home.It’s just part of the real estate market – they expect to come down in price as part of the negotiation process. So how much do you offer?If you ask the selling agent what price you should offer, you’re asking the wrong person.The selling agent is paid by the seller to represent them and to get the best price possible.Despite this we would still ask them what they would consider was a ‘fair offer’ and then ask them to justify it with a list of comparable sales. You are probably thinking that the agent just wants to make a sale, and in most cases you are right. In reality the agent doesn’t get paid unless a sale is made, so obviously he is keen to sell you the house. Read complete article here.x
So, What Price Should I Offer?
We all want to buy our house or our next investment property at the lowest price possible, or at least get good value for our money.You now know that the asking price quoted by the selling agent will ...
propertyupdate.com.au
0 Reply
28 Views
12D ago
InvestAus
Price
Ever felt like a dog chasing its tail, going around in circles but never catching up with your objective?
If you're a wannabe first home buyer, especially in Sydney and Melbourne, you've probably got that feeling right now.
Just when significant property price falls of around 15 per cent in Sydney and more than 10 per cent in Melbourne gave some prospective purchasers a sniff of breaking in, those markets turned around and launched higher again. Read Details: x
A window briefly opened for first home buyers, but...
Property price falls over the past couple of years offered a brief window of opportunity for some first home buyers to get into the market, but it's one that already seems to have slammed shut.
www.abc.net.au
0 Reply
15 Views
13D ago
Royal
Price
The middle of the market in Brisbane is what’s now driving growth in property values as 2020 kicks off, according to the latest Home Values Index out Thursday.The median value for the greater Brisbane region ended the year at $497,491, spurred by a big jump of 2.4 per cent in the December quarter. x
Middle Brisbane seeing strongest home price growth...
The middle of the market in Brisbane is what’s now driving growth in property values as 2020 kicks off, according to the latest Home Values Index out Thursday.
www.realestate.com.au
0 Reply
34 Views
14D ago
Simon
Adelaide
https://www.realestate.com.au/news/best-of-the-best-adelaide-top-performing-suburbs-of-2019/
Best of the best: Adelaide’s top performing subu...
Which is Adelaide’s most expensive suburb? Which region recorded the highest house price growth last year? And where do you get the best rental return? Get your answers here!
www.realestate.com.au
0 Reply
36 Views
23D ago
Royal
Adelaide
The housing market’s recovery continues but according to new data, a less fashionable corner of the country is dominating the list of booming suburbs. As the national property market continues its back to recovery, a surprising corner of the country dominates the top price growth list. “SA does seem to be a market that is less prone to speculation, so we don’t tend to see such boom or busts occurring in Adelaide,” Ms Conisbee told. https://www.propertynoise.com.au/adelaide-suburbs-dominate-top-10-booming-suburbs/
Adelaide suburbs dominate top 10 booming suburbs -...
Up until the May federal election, Australia was in the grip of a property downturn but the analyst says the South Australian capital avoided the dramatic losses experienced across the country.
www.propertynoise.com.au
0 Reply
65 Views
1Mo ago
John
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