In our hectic lives, there’s nothing more luxurious than a getaway to the spa. Soaking in a warm bath in a private room allows you to leave the rest of the world on the other side of the door while you rest and recharge. Finding that relaxation usually means going out and heading to a day spa to pay for a treatment – unless you create that super-relaxing atmosphere at home! These days, at-home spa treatment products, including bath salts, scrubs, lotions and face masks, can e
Property investors are obviously in it to make money, but not everyone is ready to deal with the difficulties of handling tenants. Without the right protection and proactivity, being a landlord can be your biggest nightmare. 1. Bad tenants. One of the worst things that can happen to a landlord is letting an irresponsible tenant through as a result of inadequate screening. Bad tenants can cause you a number of problems, including property damage (deliberate or accidental),
Residential property prices dropped by 3% in the March quarter, according to figures released by the Australian Bureau of Statistics (ABS). Data showed that property values fell in capital cities, with Sydney (-3.9%) and Melbourne (-3.8%) recording the largest declines. Adelaide prices fell by 0.2% and Hobart prices dropped by 0.4% – marking their first falls since March quarter 2013 and September quarter 2012, respectively. Values in Brisbane (-1.5%), Perth (-1.1%), Canberra
When prices are low first home buyers, and even second home buyers, will find they get better value and their money will go a lot further than it would have 12 months ago. Over the past few years the Australian property market has undergone a number of changes that have seen conditions shift. A slew of changes implemented by both state and federal governments, as well as regulatory bodies, have resulted in a dip in house prices, following over a decade of major growth. While
In the lead-up to the recent Federal election the Coalition announced the First Home Loan Deposit Scheme. The scheme will provide up to 10,000 loans to first home buyers each year and will offer first home buyers better access to finance without having to save a 20% deposit. The Scheme will be available to eligible first home buyers who have been able to save for a deposit of at least 5% up to 20%. This will mean that eligible first home owners will be able to purchase their
Under current market conditions, purchasing a home in idealistic locations can prove quite tricky, especially for first home buyers. Rentvesting is becoming increasingly popular and is proving to live up to expectations.
It is a great strategy for first home buyers looking to get into the market when they just don’t have the budget to buy their dream home.
So, they invest in more affordable markets and rent where they like to live while their investment is working for t
The numbers often tell a different story to what is often assumed about Australia's housing markets. With demand for animal friendly properties beckoning to be met, can opening your investment door to our nation’s furry companions be your next profitable move? “Pet friendly rentals can certainly increase the market pool,” reveals Nicola Parisi, head of property management at Village Property, a property management and sales agency geared towards maximising value. “Generally,
The numbers often tell a different story to what is often assumed about Australia's housing markets. 'Blue-chip’ properties in ‘blue-chip’ suburbs always deliver the best capital growth, right? Actually, the numbers often tell a different story. Typical family homes often outperform flash houses, while average postcodes often record better long-term growth than exclusive neighbourhoods. Don’t believe me? Well, Australian Bureau of Statistics data covering the 15 years to the
Property depreciation deductions can make a significant difference to any investment property owner’s cash flow. Despite this, of all the deductions available to be claimed by investors, depreciation is the most often missed. Every property investor can benefit from learning more about depreciation and discovering the process involved in finding out what deductions are available to claim. Here are some key points to be aware of: The Australian Taxation Office (ATO) allows the
Dwelling values have experienced their smallest national month-on-month fall in a year, according to CoreLogic. The pace of Australia's housing downturn eased further in May, according to CoreLogic. The research firm's May 2019 home value index results showed national dwelling values were down 0.4% over the month - the smallest month-on-month fall in a year. Although at a broad level dwelling values are still trending lower across the regions of Australia, the pace of decline