Australia's leading Property eMagazine
Property Investment News June
- Published 1/06/2008
Are you confused about the state of the Australian property markets? The media is full of mixed messages and everyone seems to have an opinion...and many of them are not favourable at present.
At Property Update we bring you the latest property news plus articles from Australia's leading experts. As you read their views you will see that despite rising interest rates, our credit squeeze, the fall out from the stock market crunch and the global economic problems that will follow, the fundementals for Australia's property markets are still sound.
2008 will be very different to last year, but an increasing shortage of supply of well located investment properties in our capital cities coupled with strong demand means there is only one way for rents and property values on the east coast of Australia to go - and that is UP!
But not all properties will increase in value equally - some will outperform the averages. Our changing demographics - the way we live and where we want to live - will mean a certain type of property will have lasting appeal and be in continuous strong demand by owner occupiers and tenants.
Some property investors will take advantage of this next property cycle and others may miss out, just as happened in the past. Keep up to date by reading our articles - click the links on the left, or reading the latest property news by clicking the Property News tab above.
Subscribe for FREE to our fortnightly e-magazine and we will keep you updated by Australia's leading property experts. Please click here and you will receive a Property Investor's pack of 2 free e-books, a special report and an audio interview with property investment expert Michael Yardney.
Featured Articles
Depreciator's Top Ten Tips for Tax Time in 2008
- By Scott Brunsdon
- Published Yesterday
- Tax
With over $24 billion being claimed in rental property deductions in 2007,
The Second Commissioner of Taxation, Jennie Granger, has advised that the ATO is targeting landlords that have been in the market for a long time and have unusually high deductions, low rental income compared to deductions and high interest / borrowing expenses.
Depreciator's 2008 Tax Tips have been written to include the things that the ATO is looking out for, common mistakes that property investors make and useful tips to make you well informed when you do your tax return this year...
Why a property crash is not likely
- By Michael Yardney
- Published 18/06/2008
- Property Investment
A recent survey in The Economist Magazine suggested that Australia has the most over valued residential property in the world. Once again they predict a property crash in Australia, as do a number of commentators
This makes for scary reading and I understand why many home owners and investors are nervous, but a property crash is not on the cards for Australia.
Read on to find out why...
Understanding property cycles
- By Michael Yardney
- Published 4/06/2008
- Property Basics
I've often said that until you have invested through a full property cycle, you don't really fully appreciate the property markets.
You see… though many books and articles refer to the average annual compound growth of property as 10%, it is NOT constant each and every year.
Property values tend to rise in cycles. In some years there will be strong growth and in others there will be no growth or negative growth.
A simplistic version of the cycle goes something like this…
Recent Articles
Ask the Experts in July
- By Ask the Experts
- Published Yesterday
- Ask the Experts
More of your questions are answered in our July edition of Ask the Experts. From taxation and finance to the best strategies for success, if you have a question for our experts, please send it to editor@propertyupdate.com.au and we will endeavour to answer it in one of our upcoming newsletters.
Profits Are Better Than Wages
- By Jim Rohn
- Published Yesterday
- Personal Development
My mentor, when I was 25 years old, dropped a phrase on me that changed my life forever when he said, "profits are better than wages. Wages will make you a living, profits can make you a fortune."
Read on for more words of inspiration...
Beat the Budgeting Blues Part One
- By Rolf Schaefer
- Published Yesterday
- Finance
Multiple interest rate rises, combined with a general increase in the cost of living, have made it more and more difficult to manage household and personal expenses. In Part One of our two part series on how to maintain a successful budget, we offer some ideas about how you can make every dollar stretch that little bit further to meet various day to day costs. Get you finances in order and make your money go further...
7 Tips to Reduce Your Tax Bill
- By Stuart Wemyss
- Published Yesterday
- Tax
The end of the financial year brings that dreaded trip to the accountant and an assortment of taxing issues, but it doesn't have to be too painful!
In this article, Stuart Wemyss of ProSolution looks at some things you can consider doing today, to minimise your end of year tax bill (or boost the refund if you're one of the lucky ones), as well as some handy ideas to create a lucrative plan of attack for June 2009...
The buzz about Braddon
- By Peter Koulizos
- Published 19/06/2008
- Suburb Snapshot
A young, hip and happening demographic are making the Canberra suburb of Braddon a desirable and trendy neighbourhood to live in, with a thriving cafe culture.Get the buzz on Braddon in this latest suburb snapshot from Peter "The Property Professor" Koulizos...
