by Wendy Chamberlain | May 22, 2018 | Buying a Home
Before starting a home renovation project regardless of its scope, it is a must for homeowners to know the legalities involved. Failure to do so can mean trouble. It could mean your renovation being stopped or pulled down. To start with, do check your local council...
by Wendy Chamberlain | May 10, 2018 | Buying a Home
The Australian Prudential Regulation Authority (APRA) will soon remove a lending restriction for property investors. APRA chairman Wayne Byrnes recently said the 10 percent limit on bank lending imposed in 2014 would be scrapped. The lending restriction along with the...
by Wendy Chamberlain | May 1, 2018 | Buying a Home
The Reserve Bank of Australia today retained the current official cash interest rate at its historic low level of 1.5 percent. The move was widely expected by economists surveyed by Bloomberg. All the economists agreed the interest rates will be kept on hold. In his...
by Wendy Chamberlain | Apr 26, 2018 | Buying a Home
When buying a real estate property, there are always risks involved and as such, it pays to plan well and do your research. Many experts normally advice buyers and investors to do their due diligence regardless of the type of property they want to purchase....
by Wendy Chamberlain | Apr 20, 2018 | Buying a Home
The Melbourne property market is confirmed to be in a cooling condition due to the drop in auction clearance rates in many suburbs since the start of the year. Data collected by the Domain Group from January to March shows clearance rates were lower compared to the...
by Wendy Chamberlain | Apr 18, 2018 | Buying a Home
Capital gains tax or CGT is commonly imposed in Australia and is part of one’s income tax. This particular tax is levied against the selling of a real estate property and other capital assets. Basically, it is levied on profits gained when one disposes of an asset...