Investing

St.Kilda_Townhouse_Melbourne

The ATO to target property investors

Tax time is approaching for the year ending June 2019. Now is the right time to consult your accountant and ensure your financials are in order prior to lodging your tax return. We encourage property investors to act promptly. The Australian Tax Office (ATO) has said "they’re going to be looking much closer at your tax returns this year". The ATO conducted a random sample audit identifying 90% of...

House_and_Land_Melbourne

What is a house and land package?

When it comes to property buying, there are many types and forms of real estate available. One popular type of property is the house and land package. So what is a house and land package and why is it so popular? There are two types of house and land packages You buy your vacant land and later build your home with a construction loan. Buy the house completed on the developer’s land. The second...

What are the most common investment property goals?

What are the most common investment property goals?

At Crest Property Investments we have met some fabulous people. One thing is for sure, we all live in some form of property and we therefore have an emotional attachment to real estate. Overtime we develop our own goals and objectives in search for the perfect property. If it’s to live and occupy or to invest and rent out we all have a point of view. Based on our experiences at Crest Property...

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Property Market Update – March 2019

According to the Australian Bureau of Statistics (ABS 3131.0 Dec 2018), the three major states of Australia being Sydney, Melbourne and Brisbane are witnessing over 300,000 new residents from overseas each year. This increasing population means that we need more property to house people. In view of the current economical commentary, there has been negative sentiment towards the property market. Some...

You should start investing at a young age

Taking on your first investment property can feel overwhelming and confusing. Speaking to an expert will simplify the process and ensure you take advantage of investing appropriately. Here’s a few reasons why investing at a young age is a great idea Long term investing will compound in value The greatest advantage that young property investors have is time. You have a long-time frame to buy/hold and...

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Three questions to ask before buying a property

It’s an exciting time buying a property. We have been lucky to witness many types of buyers succeed with property. However many have differing views and objectives. Regardless if you are a first home buyer, investor or owner occupier, there are some important questions you need to ask yourself before buying a property. Before buying, here are three questions that suit all buyers. 1 - How much money do I...

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What is an expression of interest?

An expression of interest is the first step in the buying process for real estate. As buyers advocates, this initial stage is where you place an official holding reservation on a property. The expression of interest sets out the proposed details including the terms & conditions of the offer, purchase price and time frames to act.  It is a non-binding offer and does not in itself constitute a...

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What is a dual-income investment?

Dual-income investment is an interesting property investment strategy that has been very well received in all parts of Australia. Earning two incomes from the one property is a very appealing investment plan. In this article, we take the opportunity to share some information about the advantages and disadvantages that the strategy offers. A dual-income investment is effectively a property that provides...

What Are Tax Deductible Business Expenses?

Property expenses – what’s tax deductible in the year of occurrence?

Owning an investment property is a popular way to accumulating wealth. It is likely to be one of your most valuable assets you own. Overtime you will need pay property expenses to ensure to the property is in good shape. Landlords that keep their property in good condition will likely have a more satisfied tenant and potentially improve its capital value. Many property  expenses are tax deductible,...

Bad_Credit - Market Insights

What to know about bad credit

Bad credit. It doesn’t have a fine ring to it, but it’s an important topic to highlight. Obtaining a home loan has become more difficult as the banks alter their lending criteria. Becoming aware of having bad credit is more important than ever. Bad credit history can linger for many years, restricting you from lending the right loan or possibly any loan for that matter. So, here’s what you need to...

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