With reference to the latest research report from the Australian Bureau of Statistics (ABS), Melbourne has recorded the highest population growth over 2019. Brisbane recorded the second highest growth rate over the same period. Melbourne's population soars The Regional population statistics published by the ABS showed a 2.3% population increase compared to the national average rate of 1.8%....
It’s that time of year again... Tax time for property investors. As the end of the financial year fast approaches, this is the ideal time to discuss some tax planning strategies with your accountant. Owning an investment property is a rewarding experience, but it doesn't just come in the way of capital growth and rent. There are many tax entitlements that you should be aware of. Planning ahead will boost...
Top things to do in Carlton Carlton has the youngest median age in Melbourne. This inner city suburb located less than 2 kms from the Melbourne CBD has an average age of 24 years. (according to Census 2016). Carlton is home to many Apartments and student accommodations, which attracts many graduates and young professionals. Here is a list of things to do, but in no particular order: Carlton Gardens The...
There are some new changes to the Residential Tenancies Act scheduled to take effect on the 29th of March 2021. In the market insight we offer you some important amendments that may impact you and your investment property. Before making an informed decision, we encourage you to discuss your personal circumstances with your property manager in advance. Here is a summary of the new changes to take...
The Job Seeker has been a lifeline for many Australians dealing with the financial impact of the global pandemic. The JobSeeker has been a great initiative from the Australian government to support families in need. Unfortunately the JobSeeker will cease at the end of March 2021. The question remains, will no JobSeeker change the property market? Will it cause prices to drop and will rents...
If you plan to be a successful property investor, you'll need to quickly create a mindset that investing in property is not a hobby. Establishing a property portfolio should be treated similar to a business. If you are new to investing this market insight will highlight the important aspects to investing better. Owning an investment property can be very rewarding by offering a passive income through rent,...
Eco government rebates... When buying a family residence or investment property, owners are always looking to maximise their cash flow and long term capital growth. In recent times investors have started to consider energy-efficient ways to do so. It is also amazing for the environment. There are a number of government grants offering rebates and/or incentives to owner occupiers and...
Top things to do in the Melbourne CBD (city) The Economist Intelligence Unit's 2017 Global Liveability Index awarded Melbourne as the world's top city for seven years running. Healthcare, education and infrastructure are among the most influential reasons. Now currently ranked second, is a place anyone around the world can call home. Undoubtedly filled with amenities and activities here is a list of the...
Mortgage deferrals continue to drop. According to new research from Australian Prudential Regulation Authority (APRA) it seems many Australians are once again managing to pay their own mortgages. Back in May 2020, there were approximately 10% of of borrowers needing to pause their loan repayments. In December 2020, borrowers needing to pause their loan repayments were down to approximately 2.4%. The...
Most popular suburbs first-home buyers are purchasing. At Crest Property Investments, we source brand new and off the plan properties for buyers. At present, we are discussing and meeting with many first home buyers taking advantage of the government incentives and record low interest rates. The covid-19 pandemic has seen many young Australians look into their borrowing capacity and buying opportunities....