There are features tenants might give their right arm for and still others that tenants may not even give a second thought to. Funnily, the fads keep changing and you cannot stick your throat out and make the call.
An elaborate survey conducted in Brisbane by Beesnees has come up with some food for thought for landlords. On what features and renovations should they put their money? An article by Rob Honeycombe marks out the key conclusions from the survey.
The Sydney property market is flush with a rare kind of enthusiasm in anticipation of a bumper spring ahead. Toby Johnstone for the Domain writes that this spring season might witness the maximum number of property sales in recent memory. Low interest rates have brought in a real turnout of buyers from all hierarchies.
“But you see I am trying to look beyond you; it’s just that you are “clever as a devil and twice as pretty”. Are these the lines going through your mind when you meet a hot property agent looking to fix a deal with you? An interesting (and I am not using the term ‘interesting’ loosely) article on the website news.com.au suggests that attractive looking agents sell houses faster and for higher prices.
While the nominal value for homes may have spiked distinctively, the real value or the inflation-adjusted value of properties have not seen any appreciable growth. Cameron Kusher for the “Research Blog” writes that the scene is definitely laced with gold when you compare it to the times of GFC but home values still leave a lot to be desired. Kusher feels that there is no big change around the corner either.
The salary you sacrifice will reap super dividends for you and more quickly so if you are nearing 60 or already over it, reports Noel Whittaker for “The Observer”.
The superannuation concessional cap has been raised from $25,000 a year to $35,000 a year. So what does it mean in practice? You know that your employer is expected to put 9.25% of your yearly salary into your superannuation fund.
For somebody earning $100,000 a year, this amounts to only $9,250 so additionally that employee can now put $25,750 instead of $15,750 (which would have been the case had the concessional cap remained at $25,000) into his super.
While the salary he sacrifices definitely reduces his ‘take home’ (short-term loss) but the boost his superannuation fund gets outweighs the loss in “take home’ as well as the taxes he needs to pay on the contribution.
In this regard, Transition to Retirement (TTR) pensions can also come handy.
You can read the original article here.
In his article appearing in the Property Update, Michael Yardney sheds light on Geoffrey James’s success formula. Yardney believes that the formula can be just as easily adapted for succeeding with property investments. It will benefit us to glance through the formula once.
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