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Property News
19 June 2008
Paying off your mortgage Q & A
My wife and I are both 35. I earn $115,000 and she has recently returned to work part-time after having a child and being ill. She is now earning $25,000. The house we live in is in my name, worth $5...
09 June 2008
Land tax up, but drop in overall tax burden
The overall share of state taxes paid by the property industry will go down for the first time in almost a decade, despite land tax levies increasing by 28.1%. The Property Council of Australia&rsquo...
22 May 2008
What if I cant get my price?
Is it ever financially sound to hold onto a property that doesn't reach the desired price rather than sell for less? Agents often hear home owners say: "If I don’t get my price, I’m n...
01 May 2008
Incidental Costs of Property Purchase
Most people know that the cost of buying a property is more than the amount they pay to the real estate agent. But how much more? Individual contracts of sale can vary and level of borrowing affects ...
15 April 2008
Land tax cuts won't bring savings
Soaring land values will cancel out any savings from reduced land taxes, according to economic modelling by the Property Council of Australia. The Victorian Government has halved the top ...
11 April 2008
Crazy Predictions for Headlines Sake????
Last week BIS shrapnel told us to expect 40% growth in house prices in the next five years. This week Morgan Stanley tells us that we can expect a 50% drop in house values in some areas following th...
12 March 2008
Sydney is Severely Unaffordable
Dermographia survey - Australian and New Zealand homes are the least affordable in the world according to the 4th Annual Demographia International Housing Affordability Survey. In this surve...
09 March 2008
More than just Cosmetic Improvements
A cosmetic tweak here and there will add re-sale value to almost any home. External changes are visible and obvious to the agent who will be selling your home and rarely need to be pointed out. ...
02 March 2008
Green Means Sale Dollars
A survey conducted by allrealestate.co.nz suggests that one in 10 people are prepared to pay up to 25 percent more for a sustainable home. Australians' attitudes to the houses they are living i...
14 February 2008
Land Valuation Figures Released
Land valuation increases for 2007 will wipe out the benefit of last year’s reduction to the land tax rate for many tax payers. The latest figures released by the NSW Valuer Gener...
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