Mining towns back on the map

Property prices in mining towns are once again on the rise, following the settled debate over the Resources Super Profits Tax (RSPT). Ray White joint chairman Brian White says while results in the mining cities had been very average over … Continue reading

Melbourne market grows

Melbourne’s real estate market is getting hotter. According to the Real Estate Institute of Victoria’s weekly auction & sales results, the performance of the residential auction market improved marginally with a clearance rate of 72% compared to 67% last weekend.Of … Continue reading

Property values ride the railways

Property values in Sydney suburbs with rail links to the CBD have outstripped those in suburbs without, says new research. PRDNationwide has discovered that prices in suburbs near railway stations leapt by 12% in 2009 – whereas those in areas … Continue reading

Fast food franchises heat up the retail property market

Small- to medium-size investors have been hit hard over the past two years, yet they remain the mainstay of the property sector. These folk – and most of them are small investors – consist not only of business people who … Continue reading

New NSW Property Tax

New NSW Property in on 1st July. Read up on the latest… Continue reading

Hunter Region in Australia’s Top 10 Best Investment Property Places

Hottest locations to invest … Resources boom towns, such as Muswellbrook in the Upper Hunter. Source: The Daily Telegraph THE Hunter Valley has emerged as one of Australia’s hottest places to invest in property thanks to the international resources boom. … Continue reading

FHOG extended and changed

From Friday 1 January 2010, eligibility for the existing FHOGS (First Home Owner Grant Scheme) benefit of $7,000 will be restricted as follows: • NSW – purchase property value capped at $750,000. • WA – purchase property value capped at … Continue reading

Stamp Duty Concessions Extended – HCAP

The NSW Housing Construction Acceleration Plan (HCAP) due to expire on 31st December 2009 has been extended until 30th June 2010. The stamp duty concession is only available for customers entering into a contract for the purchase of a new … Continue reading

Think First, Buy Second.

Thinking of buying property? WHY? No really, give it some thought. I mean deep independent thought. Are you keeping up with the Joneses, or do you fear you may never be able to get into the market again? Many people … Continue reading

Interest Rate Increases – Where will it end?

Last weeks decision by the Reserve Bank to raise interest rates by a further 25 basis points has been met with mixed reaction. First Home buyers and low income households will feel the pinch the most while other parts of the … Continue reading