Season greetings to all! As the year draws to a close, we wanted to take a moment to express our heartfelt gratitude for your support and collaboration throughout 2024. It has been an incredible year filled with milestones and successes, and we couldn’t have done it without you. Please stay safe, enjoy time with your loved ones and we will continue to share our market insights and podcasts in...
The Australian Federal Parliament has passed the "Help to Buy" legislation, introducing a shared equity scheme aimed at assisting low to middle-income earners in purchasing homes. Key Features of the Help to Buy Scheme: Government Equity Contribution: The government will provide an equity contribution of up to 40% for new homes and up to 30% for existing homes.Eligibility Criteria: Income...
Victoria's temporary off the plan stamp duty concession offer. The Victorian Government has introduced a temporary stamp duty concession for off-the-plan property purchases, effective from October 21, 2024, until October 20, 2025. This measure aims to encourage investment in apartments, townhouses, and units under strata subdivisions, excluding house-and-land packages and completed but unsold...
Is Adelaide the right place to invest in 2025? Deciding whether Adelaide is the right place to invest in 2025 depends on various factors, including your investment goals, risk tolerance, and the current market trends. Here's an overview of key considerations: 1. Real Estate Market Adelaide's property market has been relatively stable compared to larger Australian cities like Sydney and Melbourne. It...
Is Hobart the right place to invest in 2025? Investing in Hobart, Tasmania, in 2025 could depend on various factors, including market conditions, economic growth, and your investment goals. Here are some considerations to help you decide if it's the right place for your investment: 1. Hobart's Property Market Past Performance: Hobart has seen significant property value growth in recent years due...
Is Canberra the right place to invest in 2025? Investing in Canberra in 2025 could be a smart choice depending on your financial goals, the type of investment, and broader economic factors. Here's a breakdown of considerations: 1. Real Estate Market Government Stability: Canberra is home to Australia's federal government, meaning its economy is heavily influenced by public sector employment. This...
The Australian property market is exhibiting notable trends as of November 30, 2024: Property Prices and Market Resilience National Trends: Despite elevated interest rates and inflation, national house prices increased by 7.7% and unit prices by 6.1% between March 2023 and March 2024. Regional Variations: Perth, Adelaide, and Brisbane are leading in annual capital growth, with Perth's home...
There are different types of property titles in Australia which entail a different kinds of ownership structures. In Australia, property titles refer to the legal documents that record ownership and details of a property. Here are the main types of property titles in Australia: Freehold Title (Torrens Title): Torrens Title: This is the most common form of property ownership in...
Amenities significantly impact real estate by influencing both the value and attractiveness of a property. Amenities are features or services that enhance the comfort, convenience, and enjoyment of a space or community. They can be offered in various settings, such as residential buildings, commercial properties, public spaces, hotels, and more. Here are some key ways amenities impact real...
Why would I add someone to the title? Adding someone to the title of an asset, such as a house, car, or bank account, can have several implications, depending on your intentions and legal considerations. Here are some reasons why someone might add another person to the title: 1. Joint Ownership Shared Ownership: If you want to share ownership of an asset, such as a house, with another person,...