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Tracey’s Property News
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Weakening Aussie dollar may boost foreign investment
A weakening Aussie dollar could be a real cause of merriment for the foreign investors. It might even bring the expats back to Australia. Patrick Stafford for the Property Observer writes that a bottoming out currency would mean more purchasing power for the foreign investors and they would not like to miss out on this…
Tagged: sydney property market -
Change in demography to affect domestic buyers
The shift in demography is impacting the Australian property market like never before and it is worth studying the macroeconomic patterns pertaining to population, wealth of the nation, and age before making any sort of real estate decision. An article on the ‘Before It’s News’ website sheds light on few recent real estate trends.
Tagged: sydney property market -
Baby boomer housing bust calls for quick action
Australia is closer to the US than any other country when it comes to the property market; its trends and its rising and falling sentiments. Having said this, Australia is faring a lot better because it has got its economic foundation firmly in place. Nicole Gurran for the BRW writes that the baby boomer housing…
Tagged: sydney property market -
Superannuation reforms geared towards more property investment
The Federal budget did not read out any changes in Negative Gearing or Capital Gains tax, did not announce cuts for the housing sectors, proposed to help the baby boomers downsize and largely left Superannuation untouched. Phil Thomson for The Canberra Times says that the Federal budget has proposed (only proposed) a lot on the…
Tagged: taxation -
Sydney and Melbourne report very high auction clearance rates
What can possibly match this great combination- high auction listings and equally high auction clearance rates? Not many things! Nicola Trotman for the Property Observer reports that 1,541 auctions are slated for this week. Though a trifle lower than the figure for the last week, this number is just as phenomenal. Compare it with 1,300…
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Now is the best time to invest in property
Maneuvers of the market forces have produced what may be termed as the best time to invest in property. Experts feel that only the boom times prior to the meltdown was as conducive for investment in real estate. An article on the Real Estate Business suggests that the present environment is aiding investors and brokers…
Tagged: property investing
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