Recently I went through an article on MSN Real Estate. I remember Melinda Fulmer writing it and it talked about what makes a great neighbourhood. It was kind of hard for me to disagree with anything that Fulmer wrote. Many factors play a role in making a great neighbourhood- cafe culture, proximity of amenities, plenty of areas thriving with community interaction and so on. Go through the piece in your leisure time, I bet it won’t disappoint you.
All Commentaries
These are all commentaries on articles and videos on the web that are interesting, relevant or simply entertaining to people interested in Sydney Real Estate.
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Urgent Need To Do Away With Stamp Duty
The government-in-coming will do well to abolish stamp duty, says the Real Estate Institute of Australia (REIA). Stamp duty, levied as a traditional property tax, is not only inefficient but also decreases productivity of the nation.
Is There A Way Past Stamp Duty? Not Likely.
Unless you have benefitted from a matrimonial home via the Family Law Act or gained through a gift in Will, you will be at the receiving end of the Stamp Duty storm. Property taxes are pretty high for Australia when compared to other developed countries, suggests Anthony Keane for the website news.com.au
Regional Properties Do Not have What it Takes
Property in remote locations might look good for sometime but they only flatter to deceive. Pete Wargent for the Property Update writes why they fail time and again. Wargent starts with the example of Cairns where high rental yields and depreciation benefits were cited as great reasons for long time positive cash flow. GFC reduced the Cairns property prices to rubble, washing away their value by more than 30%.
Three Economic Triggers For A Property Boom
Australia may witness an unprecedented property boom in near future, feels Robert Gottliebsen, a veteran columnist. Jonathan Chancellor for the Property Observer focuses on the reasons which convince Gottliebsen.
Sydney Well-poised To Beat Many More Bust Predictions
Pete Wargent for the Property Update produces yet another profound article focusing on the property market cycles and the way Sydney has handled them so far. Auction clearance figures in excess of 80% for four weeks running, cannot be a flash in the pan performance.
With interest rates prophesied to stick to 2.5% till at least 2015, Sydney should keep adding to its laurels from here.
