In Queensland, approximately 75% of all home fire deaths occur in homes without smoke alarms — almost 50% of these house fire deaths happen while people are sleeping. This is why it is important to have smoke alarms installed at home. Without it, the risk of death from a house fire is 3 times higher….Read More→
One of the best tax breaks available to property investors is depreciation. However, in order for you to claim it, you’ll need a depreciation schedule.
Even if your home is not made of timber, it is still at risk of termite attack. As a matter of fact, steel-framed houses are as susceptible as houses framed with wood. Not only do termites attack the structure of the house, they also cause damage to carpets, books, artworks, plastics, plasterboards and electrical insulation.
One of the most important items a property investor can purchase is a landlord insurance policy. Some landlords tend to opt out of insurance not knowing how much they can save in the long run. Why is landlord insurance important? Not only will you be covered for contents and public liability, but you will also…Read More→
The number of first homebuyers in the December quarter was at its lowest since the Australian Bureau of Statistics started to collect data, according to the Real Estate Institute of Australia (REIA). President of the REIA, Peter Bushby, says the figures reveal that first time buyers believe property is too expensive. “The latest Adelaide Bank/REIA…Read More→
If you own a property and are looking for a quick equity boost, or some extra rent, then adding a room might be a good option. While this strategy suits some, not every house is going to be suited to the task. Before you even touch the toolkit, you need to hit up the numbers….Read More→
THE great Australian dream of a quarter acre block is rapidly diminishing with demand for units reaching record levels. Buyers are prepared to love thy neighbour and live closer to each other than ever before with approvals for medium density living now accounting for 43.4 per cent of new home approvals. The latest Bankwest Housing…Read More→
Many people express the opinion that residential property is first and foremost a shelter and therefore should only be considered from a social perspective. Many believe that it is a given right of every citizen of this country to have a roof over the head – rather than as a financial asset that can potentially…Read More→
February is one of the busiest months for prospective tenants searching for rentals, according to REA Group. For investors, this may mean one of two things. Either you can easily snap up a new tenant for your vacant rental, or you may see your tenant looking to move elsewhere. While the trend is increasingly to…Read More→
PROPERTY prices are tipped to grow throughout all capital cities this year with new forecasts tipping average capital city house prices will rise by about 6 per cent. Brisbane, where values have been soft for some time, is tipped to be ahead of the pack with an increase of 6.4 per cent this year and…Read More→
