First time investors haven’t felt too good in recent times. Their contribution to the Australian real estate has shrunk and the foreign investors have all but elbowed them out of the game. The crux question is- whether their sulk is justified or are they themselves responsible for it?
Archives for June 2014
Archives
Tax Returns Should be Put Into Mortgage Repayments
Australians stand to save a whole lot of money (and I mean real cash) if they can be more heedful towards the way they treat their tax returns. Australians cannot shy away from their housing debt and using the tax returns to service their debt can be one brilliant strategy.
New Dwelling Constructions to Touch 180,000 Mark
The construction of new dwellings is all set to get a boost even as renovation projects look to reverse the recessive trend of last year. An article on The Adviser talks about housing commencements in the vicinity of 180,000 in 2014.
Supply Not Meeting Demand for Sydney’s Innermost Suburbs
Jeremy Sheppard writes an incisive piece for the website Your Investment Property wherein he talks about the way Sydney’s innermost suburbs are faring in terms of supply-demand dynamics. It is common knowledge that when supply beats demand, prices fall and if it is the other way, prices rise.
Detached Houses Worth Lot More Than Units
Imagine house values being more than 5 times the unit values. Takes some beating! This is the story of Centennial Park, Sydney. While such contrast is not a trend yet, the fact that combined capital city values show up a 28% difference between houses and units tells its own tale.
New Home Grant Scrapped for Foreign Investors
In an article for the Daily Telegraph, Andrew Clennell informs that NSW will no longer allow the foreign investors to take advantage from the $5,000 New Home Grant
