All Entries in the "Property News" Category
Queensland has set new Sustainability Laws
Image by Jeremy Levine Design via Flickr
Property investors need to be aware that if they as a property owner lists a Queensland property with an agent, the agent should make sure they get from the owner a current Sustainability Declaration so that they can show it to prospective buyers. A Sustainability Declaration can be filled [...]
Queensland First Home Owners Grant
As of 1 January 2010 Queensland first home buyers who were purchasing properties in excess of $1M would no longer be eligible for the First Home Owners Grant. The State Government felt that the grant was there to help young Queenslanders enter the housing market and although the Federal Government First Home Owners Grant has [...]
How The Current Market Will Affect The Future Prices
The economic crisis caused several things to happen which will have an impact for property investors for years to come. Changes that have and will affect house prices in the next several years:
Government First Home Owners Grant
Substantially less land being developed and released
Property prices will go up and this [...]
Have You Heard Of The New Sustainability Declaration?
In Queensland it is now compulsory for property owners to fill out a Sustainability Declaration to be provided to prospective home buyers looking to purchase their property.
Any property that is being marketed (on the market) from 1 January 2010 must have this form filled out by the owner ready for sale, even if the property [...]
So What Is The Prediction For Property Prices In 2010?
Who would dare make a prediction? But what we can tell you is the recent history of house prices and it would be fair to say that the financial crisis did not strike the housing market as severely as was predicted. As is always the case, there were some areas that fared better than others [...]
Display Home Investment Properties for Lease Back
Two display homes for sale in Melbourne
The rental return is a guaranteed return of 7% for a minimum of 12mths up to a possible 5yrs! This is dependent upon how quick the land in the area sells out. Plus the builder does all of the maintenance during the ‘rent back’ period and before handing over [...]
Back To Square One And The Next Property Cycle
The figures that have come out from Residex show that even though property suffered some losses due to the global financial crisis prices have risen sufficiently to claw back those loses and property prices, especially those in the capital cities, are back to the pre-Global damage.
This bodes well for property owners and investors alike.
Now that [...]
It’s An All Time Record! 3 Consecutive Interest Rate Rises By The RBA
The powers that be have decided on another interest rate rise
We have been trained to think that if we listen to the RBA give their decision on an interest rate change that is what will hit our hip pocket, but NO, it appears the banks are taking decisions upon themselves to charge extra interest to [...]
Brisbane Has The Most Affordable Land Prices
The HIA-RP Data.com Residential Land Report shows that land prices have increased in the quarter to June 2009.
Although land sales are at a lower level “the average residential land price for the June quarter increased by 7.1% on the previous 3 month period. This is 12 percent higher than for the same period last year.”
Land [...]
The House Market Outlook Stays Positive
Even though we have now experienced two rate increases, with more expected, the Australian Residential Property Planners (ARPP) expect that house prices in the largest cities may increase as much as 20% over the next three years.
The reasoning behind this is that throughout Australia there is still a shortage of residential property in the market. [...]
