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Tracey’s Property News
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Owning Overseas Property? Find Out Its Tax Implications
As an asset class, property has done a lot to bring happiness to Australians. Many investors have meaningful portfolios which are well diversified. Some investors look beyond their State and invest in others (NSW investors investing in Queensland, for instance). Then there are those investors who like mixing gearing and positive cash flow by investing…
Tagged: overseas investors -
Will Sydney’s Property Bubble Burst Or Deflate Slowly?
Has the Sydney property market run its course? Are we nearing a property bust? For some time now, the doomsayers have been warning of a bust at the top of their voices. They feel that the property market in the Harbour City does not have anything more to offer. Prices are at their peak value and the Sydney…
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New Sydney Construction Record Achieved
Phil McCarroll writes an article for the website Your Investment Property where he says that the number of new homes built in the 12 months leading to June is a record in itself. The Australian Bureau of Statistics (ABS) has declared that 211,976 homes were built during this period. This Sydney construction boom marks a 16.9%…
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Where To Buy Investment Property? Look For The Sweet Spot
While there are definitely a few stand-out property investment options, many properties do not quite make the cut. At best, they return poor profits when resold and at worst, you just run up losses on them. What do you think differentiates a good property from a bad one? To answer the question, “where to buy investment…
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From 67 Cents to 5 Million – What a Billy the Kid Photo can Teach Us About Home Prices
In the second half of the 19th century, the United States saw the rise of a notorious outlaw. His name was Henry McCarty, but the world knows him better as Billy the Kid. Just recently, an authentic photograph of his has been making quite some noise. Surely, it’s going to be sold off at an auction, and…
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Is It Looking Bleak For The Australian Property Market?
Mark Mulligan has written an article for the Business Day section of the Sydney Morning Herald where he talks about the possibility of a slowdown in the Australian property market. Mulligan feels that the expected decline in our real estate by March next year may bring the economy closer to recession.
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