In June 2014, Australian government on the whole amassed in excess of $1 billion in taxes each day. Not a single level of government in the country missed out on collecting less than $100 billion between March and June 2014. From $112.25 to $117.56, the leap has been 4.7% on an average. An average estimate is $1.3 billion in taxes each day.
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Should I Invest in a House or an Apartment?
Detached houses and apartments can both promise a lucrative deal but if you fall short on necessary research, you may fall on the wrong side of the fence. Let me start with unit apartments.
Are Family Homes “Losing the plot”?
Investors shy away from family homes, concentrating much rather on unit apartments or small detached homes. Their line of reasoning is simple. Large family homes curb the chances of attracting potential tenants. Those who are good enough for those homes have enough in the pocket to buy them. In an article for the website realestate.com.au, Paul Thornhill busts the myth and says that the data and stats indicate otherwise.
How to Search Unnoticed Property Gems
When you buy a precious gem, you get something really worthwhile but of course at a premium price. The real smartness lies in identifying a hidden gem well before it has become noticeable in the market. The same theory applies to properties, too.
5 Questions You Must Ask Your Property Manager
Your property can attract the gaze of a nefarious tenant and it may require one of its many urgent repairs at any moment. You cannot possibly have the time to look after all the aspects of your property; especially if you have an extensive portfolio. This makes a property manager a really valuable asset of your team. While this is very true, fact remains that you cannot take a property manager on board without conducting your side of Due Diligence. Here are 5 questions you should ask them before their formal recruitment.
Can High Auction Clearance Sustain the Property Market On its Own?
In an article for the website Property Observer, Robert Larocca sheds light on the high number of auctions held this year. In comparison to the last few years, Sydney, Tasmania and Adelaide have sold 63%, 56% and 48% more homes this year in auctions.
