Property

We’ve commented quite a few times recently on how the low volume of homes being transacted across the country is creating tough conditions across the real estate sector. Transactions volumes nationally are running about 11% below the five year average. The good news is that national sales volumes have shown some subtle improvements over the three months to July and are likely to show further improvements from the low base as the year progresses.  Read more

When it comes to land area, size matters. Or at least it used to. More recently, with affordability pressures from a buyer’s perspective, yield pressures from a development perspective and urban management from a policy perspective, we have seen an extended trend towards smaller blocks of land across each of the capital cities.   Read more

Guarantor Loans – a helping Hand to Enter the Property Market  Read more

When you begin to plan any renovations or extensions to your property, you need to ask yourself the question, “Do I need approval?”  Read more

OSR Home Builders Bonus offers a positive incentive for investors  Read more

Stock on the Market  Read more

Changes to stamp duty and state level grants will affect the timing of when you buy and sell property.  Make sure you are completely across the changes.  Read more

With the end of the financial year just around the corner property managers and investors need to consider a wide variety of factors when preparing for taxation.

Most investors are likely to agree: the caliber of a property manager is often measured by their record keeping and reporting standards; at least this is true at the end of the financial year. The standard of record keeping and reporting can make or break a tax return. If the records aren't up to scratch, then providing appropriate and correct information to the tax office can be very difficult and time consuming.

Quality record management is something that needs to be ongoing; so if you find that it is not up to scratch this year, make sure the bar is reset and your portfolio is being managed appropriately in the new financial year. Record keeping for the end of financial year can be broken down into three distinct areas: income, expenses and depreciation  Read more