There are currently some major infrastructure projects in the pipeline for Victoria. Exciting times! The Suburban Rail Loop will incorporate 90 kilometres of railway line and a number of new train stations. It will mean significant changes in relation to commuting times and accessibility to Greater Melbourne and to Melbourne Airport (finally!). Read about this project here. The other …
Is your property not selling as soon as you expected?
With the current level of demand for real estate in major cities across Australia, it might seem like any structure with four walls and a door will sell the moment you put a "For Sale" sign out the front. However, there are always properties that struggle to find a suitable buyer within the seller's expected timeframe. Identifying why your home isn't selling involves a few enquiries, but when …
Continue Reading about Is your property not selling as soon as you expected? →
Considering selling your home privately? What are the pros and cons?
While many properties are sold at auction, a large number are also sold by private sale. Choosing to sell your home privately has its advantages and disadvantages. We'll take a look at some of the pros and cons below. I wrote this article, which was published on Realestate.com.au in 2019, to explain the pros and cons of private sales. The points I raised in that article still hold true today. …
Continue Reading about Considering selling your home privately? What are the pros and cons? →
Capital Gains Tax to Be Aware of When Selling Your House
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 purchased after September 20, 1985. When selling a home, the profit made above the cost of buying and maintaining the residential …
Continue Reading about Capital Gains Tax to Be Aware of When Selling Your House →
