If you live in NSW and you want to sell off your property blessed with a swimming pool, you have got to be compliant with a few regulations. On 29th April, 2014, a law will come into effect which will make it mandatory for swimming pool owners to ensure that their ‘pools’ comply with the Swimming Pools Act 1992.
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What if Tenants Exist on Your Investment Property?
Two segregate scenarios can develop at the time you buy an investment property. In the first one, you get a property, completely vacant, and you can either treat it as an ‘owner-occupancy’ kind or you can opt to rent it out over the next fortnight or so. What then is the second case?
Recommendations for a Young Property Investor
Let me start by deflating your ambitions but do not worry I will wrap it up the right way. So the deflating bit- If you are at a tender age, the property market might not be for you at all. You can be better off investing your money in shares and managed funds. And now about the “wrapping up right” bit- I have come to understand that the best goals are set and best decisions are made at an unripe age. So there you go!
Property Tycoons Head Global Billionaires’ Club
The media moguls and Marble kings will be heard of no doubt but this age is gallantly responding to its new poster boy- Property Tycoons. Real estate is where those with the right kind of money are getting the greatest bang for the buck. Nikki Taylor observes the trend in an article for the website Your Investment Property.
Is Asian Investment In Our Properties Irking Us?
There can be no better phrase to encapsulate the Asian interest in Australian properties than the one Pete Wargent uses in his article for the website Property Update- “it is a subject receiving reams of coverage of late”. Is it all deserving coverage? Yes it is. After all, the foreign investment push, in no uncertain terms, has attained a noticeable proportion and China is playing really big with its disposable income.
Government Seeking Excuses for Lack of Infrastructure Growth
Chinese buyers bought $5 billion worth of property across Australia in 2013. This heats up speculation that rampant foreign investment has forced local investors out of the market. Even as the media keeps reiterating on this line, Vivienne Kelly resorts to data to guide us through. In an article for the website Smart Property Investment, she suggests that the total worth of property sold in 2013 was $240 billion. What percentage is the Chinese investment then?
