Investment Properties

Now while loan rate are low is a great time to pay off as much as you can on your loan. Skipping coffees and bringing lunch from home may save you hundreds of dollars per year, but getting a better deal on your loan could save you thousands. Give me a call to discuss and I’ll be able to instantly... Read more

There are two professionals able to do conveyancing – lawyers and conveyancers. Licensed Conveyancers Licensed conveyancers are non-lawyers who have been licensed to perform a part of the legal work associated with a real estate transaction, so long as it does not go beyond “conveyancing work” as defined in the Conveyancers Licensing Act 2003. There are times when a licensed... Read more

  Selling or Leasing a Property with a Swimming Pool in NSW Selling a Property: A valid swimming pool certificate of compliance must be attached to the contract for sale of properties with a swimming pool or spa pool from 29 April 2014. After that date when a property with a swimming pool is being sold, a valid swimming pool... Read more

Foreign residents and Australians who have lived abroad may be affected by recent changes to the capital gains tax (CGT) discount. This will have implications for many of our Expat clients, who will not fully realise the capital gains tax discounting expected upon sale of a property. Previously if you had a capital gain, for example from the sale of... Read more

At its meeting today the Reserve Bank Board announced interest rates would remain unchanged at the record low level of 2.5%. The last rate cut took place in August 2013. In their statement, the Board said “monetary policy is appropriately configured to foster sustainable growth in demand and inflation outcomes consistent with the target. On present indications, the most prudent... Read more

It is becoming increasingly popular to borrow to invest in real estate through a self-managed super fund. There are many clients for whom this strategy is beneficial, as long  as the financial plan addresses the limitations of this approach. Understand the restrictions: You’ll need to be very well read or well advised to ensure that you follow the strict rules... Read more

All swimming pools and spas must be registered by 29 October 2013. This includes any temporary swimming pools which have a depth greater than 300mm. There will be a penalty for owners who fail to register a swimming pool. Swimming pool owners will be required to provide a valid swimming pool compliance certificate before being able to sell or lease... Read more

House prices continued to improve in the last months of 2012, according to the latest figures released by the Australian Bureau of Statistics. Preliminary estimates show the price index for established houses in the eight capital cities rose 1.6% in the December quarter 2012. This was the strongest quarterly growth in almost three years. In the final quarter of 2012,... Read more

The Government called it a “victory for Australian families” when mortgage exit fees were abolished on all new home loans since 1st of July 2011 as a measure to promote competition in the banking system.  The smaller lenders will now compete vigorously by offering cheaper interest rates, and the pressure will keep the rates low at the big banks so... Read more

We’ve recently had several property investors come to us with an assumption that their investment properties constructed prior to 1984 will not allow any significant depreciation for the cost of construction. This is not entirely correct and we fear there are too many investment property owners failing to obtain all the benefits of the allowable deductions for their property. Consider... Read more