What is tax depreciation and how can you claim it on your investment property? Well, firstly we need to fully understand what depreciation actually is in order to know what we can claim. Our friends at BMT Tax Depreciation have lent a helping hand to share their expert knowledge. BMT defines depreciation as “a deduction the owners of…
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Knowing how to calculate rental yield is essential when purchasing the property. Calculating rental yield will help determine whether or not your prospective purchase is financially viable. “If you don’t calculate rental yield, you could be at risk of making an investment that isn’t as lucrative as you initially thought” advises Online Real Estate Agents…
Following sustained increases in property values for many years, we have finally experienced a more level playing field for buyers and sellers since January 2018. It is often the duty of the press to report either negatively or positively about the property market. At the moment it may be perceived by the general public that we…
Vincent Cheng is looking for a $1.5 million first home and he has his sights fixed on the high-rise heaven at Zetland in Sydney’s inner south. “I love this suburb very much,” the 26-year-old finance and accounting graduate said, looking back towards the city from the terrace of the ninth-floor three-bedroom penthouse that was set for auction on Saturday.…
Zetland is an inner-eastern suburb of Sydney, New South Wales, Australia 4 kilometers south of the Sydney central business district, in the local government area of the City of Sydney. Zetland is a largely industrial suburb with medium- to high-density residential areas. Zetland is part of the Green Square district which is currently undergoing gentrification. This involves an urban renewal project that is constructing modern retail, business, and residential developments. A new…
From 1 July 2018, the Australian Government will introduce the “Contributing the proceeds of downsizing into superannuation (downsizing)” measure. This measure is part of a package of reforms to reduce pressure on housing affordability in Australia. From 1 July 2018, if you are 65 years old or older and meet the…
When buying or selling a property, you will hear about Section 66W Certificates. In New South Wales, the practice of entering in to a contract to buy a property is called “exchange”. As a general rule, when the vendor and purchaser have agreed on the price and various conditions, they exchange contracts. The agreement then…
If you are considering investing in property, “rental yield” is a term you have probably begun to notice popping up into conversations and readings around assessing a property’s investment potential. Here are some basics to help you understand what rental yield means and how to calculate it. The property investment dream is to secure a…
Let’s face it – there’s something particularly captivating about heritage features. We’re talking high ceilings, ornate tiling, timber windows, quality craftsmanship and original floorboards – the small details that add charm, character and historical appeal to a home. If you’re lucky enough to have these period features in your property, you might be wondering whether…
Presenting your home well to potential buyers is an essential step in your journey towards a sale.To help our clients achieve the best results, we have teamed up with several exceptional property stylists in the area. Speak to us if you think this may be a service you would like to know more about at…