Property

Over the 2009/10 financial year there were 1,751,679 individuals that received rental income (owned investment property). The number had increased by 3.5% from the previous financial year. Of these 1,751,679 individuals, 1,110,922 individuals or 63% made a loss on their rental income; the remaining 37% of individuals turned a profit on their rental properties.  Read more

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

Stock on the Market  Read more