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What You Need To Know About The Vacant Residential Land Tax

What You Need To Know About The Vacant Residential Land Tax

by Wendy Chamberlain | Jun 14, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

The amended Vacant Residential Land Tax comes into effect on the 1st January 2025. If your property has been vacant during 2024 for more than six months, you could be hit with a VRLT in 2025. Currently, the VRLT applies to vacant homes in Melbourne’s inner and...
How To Showcase Your Property For A Winter Sale

How To Showcase Your Property For A Winter Sale

by Wendy Chamberlain | Jun 7, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

Everyone says spring is the best time of year to sell property. But is it?  In fact, every season brings pros and cons to selling a home. Spring sees flourishing weeds and windy days, but no temperature extremes. Summer days can be scorching, but homes with pools...
Victorian State Budget Fails To Incentivise Property Investors

Victorian State Budget Fails To Incentivise Property Investors

by Wendy Chamberlain | May 31, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

The recent release of the Allan Government’s first budget sees a missed opportunity to attract investors back into Victoria’s struggling property sector. With housing supply and affordability issues at a crisis point and a disincentivising property tax...
Could Build To Rent Projects Solve Our Rental Problem?

Could Build To Rent Projects Solve Our Rental Problem?

by Wendy Chamberlain | May 24, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

Chances are you’ve not heard about build-to-rent projects, which isn’t surprising. While build-to-rent occurs quite significantly in foreign housing marketing such as the United States where it accounts for about 12% of the housing market and the UK where...
Statewide Campaign To Enforce Minimum Rental Standards

Statewide Campaign To Enforce Minimum Rental Standards

by Wendy Chamberlain | May 17, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

The Victorian government recently announced a statewide campaign to further educate landlords, agents and tenants on the minimum standards for rental properties.  The move is applauded by the Real Estate Institute of Victoria, who have long been advocating for...
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