March 11, 2024
Strata, also commonly known as strata title or strata scheme, allows for individual ownership of part of a property called a ‘lot’. The lot itself can be an individual unit or apartment, townhouse or house. As well as owning the lot, a strata-titled property owner also shares ownership of common property – such as gardens, […]
June 30, 2023
Smart property investors use all the legal tax rules to minimize their cash flow leakage and maximise their deductions. The government encourages property investors to provide accommodation for those who need it by offering them a range of tax benefits. While most investors know about the typical tax deductions, such as interest on loans, repairs and management fees, […]
June 1, 2023
The property clock is ticking towards noon for many regional property markets listed as being in a capital growth phase but only one state capital was seen as being in a growth period. Regional property markets across Australia are better placed to deliver capital growth than every capital city in Australia outside of Perth. That’s […]
October 8, 2020
While investors have been less prominent in the market over the last few years, property investment is still one of the most popular forms of investment in Western Australia, as it has the possibility to reap many long-term financial benefits for investors. Achieving success takes time and patience, with only a handful making it past […]
September 3, 2020
Buying an established property While there are incentives to building at the moment, there is nothing wrong with buying established, with people who buy established usually finding this option more convenient than building new because all the hard work is done. Another drawcard of buying established is that there is no lengthy wait time before moving […]
August 13, 2020
REIA President Adrian Kelly said supporting home owners during this phase where they may be finding it difficult to continue paying their mortgage, is to be applauded. “If owners and landlords are supported, then tenants, some of who are from the most affected industries through COVID-19, are also supported,” Mr Kelly said. “As the September […]
July 9, 2020
What is the HomeBuilder scheme? The scheme is tax-free grant program that was implemented by the Federal Government to all Australians and will provide eligible applicants with a $25,000 grant to help renovate an existing home or build a new home. Who is eligible for the scheme? To be eligible for the scheme not only […]
June 11, 2020
Even though in Western Australia, a Seller’s Disclosure Statement is not mandatory, there is the expectation that you should disclose any material facts that could affect a potential buyer’s decision, as a buyer can always request one to be filled out. Deciding what is a material fact and what isn’t is kind of a grey […]
December 19, 2019
The festive season is all about gifts, goodwill, glitzy decorations, good food and taking a great break. But beneath the tinsel and twinkly lights, the season can present risks for landlords. Use these hints and tips to make sure yours doesn’t turn into The Nightmare Before Christmas. Christmas time, mistletoe and… fires From the Northern […]
October 30, 2019
REIWA congratulates the McGowan Government for listening to the advice from industry bodies to look at the unfair stamp duty penalty from off-the-plan purchases. REIWA President Damian Collins said this is a significant win for property buyers and restores the current imbalance where standalone houses only paid duty on land. “By reducing the tax for […]
July 25, 2019
There’s often confusion among landlords with investment properties housed in strata complexes about who is responsible for what when it comes to insurance. Here’s what landlords and their agents need to know. It goes without saying that financially protecting an investment property with good insurance cover is a no-brainer. But sometimes knowing who is responsible […]
June 27, 2019
You’ve designed every detail of your dream home or planned out your real estate empire, but the need to save up that deposit blocks you at every turn. The good news is, with the right approach, your deposit doesn’t have to slow you down for long. Here are four tips for you to try. Follow […]
June 6, 2019
Saving money on your mortgage can help you to pay it off sooner or reduce your repayment amount. Depending on how your loan is set up, using offset accounts to your advantage can help you to save. An offset transaction account works the same as an everyday transaction account except that it’s linked to your […]
March 28, 2019
Buying property will undeniably be the largest and potentially, the most profitable investment you make. Your first home is what gets you on the property ladder and can either set you up for the future or hold you back from your long term dream property. For some, your first home will not be the […]
February 21, 2019
Source EBM RentCover Photograph: Dave Acree/AAP The Guardian The image of an Aussie summer may be all sun, surf and sand, but the reality is this time of year is the height of disaster season. And, 2019 has been no exception, with the fury of Mother Nature impacting the lives of many across the country. […]
January 24, 2019
No one likes packing boxes to only unpack a couple of days later. Here are a few ideas to help ease the pain of moving house and to streamline the process. Before the Move Redirect mail and inform amenity providers of your disconnection day. Be mindful that if you are moving out of a rental […]
November 5, 2017
Hutchinson real estate agents in Derby Western Australia have been established for a long time. With that comes a well established business network and the personal contacts of property owners in the town of Derby. Hutchinson Real Estate agency is the only independent real estate agency in Derby. Their agents in Derby also understand the […]
