November 16, 2022
In somewhat surprising news, the rate of decline in Australian property values has slowed for the first time in months. After dropping 1.6% in August, the national median dwelling value fell a slightly more modest 1.4% over September. This was driven by slowing declines in most markets, with only Adelaide and Perth seeing accelerating value losses.
It is the opposite story for the rental market, with the national median rent rising by 0.6% over the month. This is the lowest monthly increase since December 2021 and well down from the cyclical peak of 1.0% seen in May. While the slowing growth in rents is consistent across most markets, it has been particularly pronounced in regional areas.
October 27, 2022
Depending on where you live, you would notice that the market value of properties often varies. Of course, you might be wondering, why the fluctuation? It’s simple. As house prices rise due to short supply, investors looking to turn a coin try and take advantage of the short supply. This means a sudden surge of properties for rent or sale and drastically reduces the need for supply. As a result of this, the market becomes more competitive which results in rent reductions and depreciated home values.
October 13, 2022
In somewhat surprising news, the rate of decline in Australian property values has slowed for the first time in months. After dropping 1.6% in August, the national median dwelling value fell a slightly more modest 1.4% over September. This was driven by slowing declines in most markets, with only Adelaide and Perth seeing accelerating value losses.
It is the opposite story for the rental market, with the national median rent rising by 0.6% over the month. This is the lowest monthly increase since December 2021 and well down from the cyclical peak of 1.0% seen in May. While the slowing growth in rents is consistent across most markets, it has been particularly pronounced in regional areas.
September 18, 2022
For most property investors, depreciation is one of the biggest deductions they can claim come tax time. However, in our experience, it is also one of the most overlooked, with many investors missing it completely. This is particularly true for first timers, who are usually red-hot on claiming other expenses but generally forget about depreciation.
To help address this, we want to take a closer look at what depreciation is and how it works. We will also explore how it is calculated and how you go about claiming it.
September 15, 2022
The downward trend in property prices is continuing, with the national median dwelling value
dropping 0.6% in June. Importantly, this decrease has also pushed quarterly growth figures into
negative territory, with national dwelling values down 0.2% since March.
As in previous months, this is mostly being driven by declines in Sydney and Melbourne. Both
markets slowed further over June, with median prices down 1.6% and 1.1% (respectively) for the
month.
September 11, 2022
How you manage your tax obligations can have a big impact on the profitability of your property portfolio. Get this right and you minimise your annual tax bill and maximise your regular rental returns. Get this wrong and you could end up paying more and possibly even put your portfolio growth at risk.
Here we take a closer look at a few of the main tax considerations property investors need to think about. We will look at what they involve and how they can affect your return on investment. We will also share our advice on optimising your tax obligations.
September 8, 2022
In many ways, getting the most from your property portfolio is really a matter of good administration. This is particularly true when it comes to tracking your finances, which can directly impact the returns you receive.
But keeping across all your incomings and outgoings takes work, especially if you own multiple investment properties.
This begs a few important questions – like, which numbers do you really need to record? How much detail do you need to go into? And what are the best ways to keep track of this information?
August 30, 2022
Debt is a bit of a complex topic for property investors. We need it to fund further purchases, grow our portfolios, and can even use it to reduce our tax bills. However, it can also eat into our returns, negate our gains, and even drive us to sell off assets. Based on this, many investors view debt as a “necessary evil” – something that should be used sparingly and managed conservatively. While this approach should help minimise the risks associated with taking on debt, it can actually inhibit portfolio growth. It also overlooks that not all debt is created equal, and that some debt is actually good debt.
August 24, 2022
Right now, the property market probably seems even more unpredictable than usual. With interest rates increasing and prices falling in many areas, it is hard to know what move to make next. This is understandably causing anxiety for many investors, who are afraid of costing themselves dearly by making the wrong call.
August 12, 2022
The national median dwelling value has fallen for the third consecutive month, with property prices down 1.3% over July. Worryingly, this downswing seems to be gaining speed with more markets moving into negative territory and larger drops being recorded.