A survey which used the services of 18 leading economists (including banks and organisations) yielded one common sentiment- the cash rate will be where it is for some time to come but it will definitely rise in a year’s time. Michael Yardney delves on the topic in an article for the Property Update.
Tracey's Property News
Property Investors Must Probe For Depreciation Deductions
In an article for the website Smart Property Investment, Paul Bennion dittoes the opinion of experts stating that the cash rates are likely to remain where they are, at least for the foreseeable future ahead. In a year-to-year comparison, March 2014 beat March 2013 by about $2 billion in terms of property investment.
At Auction and Private Treaty Arrangements
In areas where the property market has not peaked yet, you can still witness something like the traditional buyer’s market. But to compensate for it and manage the equilibrium there are many areas registering a seller’s market, too. The true investing craft lies in wading through such market conditions. These are places where you will be forced to raise your bid even before you know you did.
FHBs Should Put In More Research
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?
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.
