Posted in Investment

A recent RP Data report has confirmed some of the highest residential property gains since 2007 (the year before the GFC). Following are some interesting highlights of the report: Brisbane city property increased 1.30% during the quarter - 5.40% for the year Brisbane city has an average house price of $445,000 Brisbane city's rental income return 4.50% for houses, and 5.40% for units Best performing capital city was Melbourne with +6.40% (but it'...

Today, I started the process of acting for a client for the proposed purchase of a commercial property. Following is a list of reasons why appointing an independent representative to act on your behalf, when negotiating the purchase of a property, may help you make the whole process a lot less stressful: The independent representative usually does not have an emotional or financial stake in the transaction, which may increase your chances of achieving your budgeted purcha...

Usually I don't like these types of 'too good to be true' statements, but this one is actually legitimate. The federal government's Superannuation Co-Contribution Scheme is still available, but with some limitations: Your assessable income for the 2014 Financial Year has to be no more than $33,516 You have to make a non-deductible contribution to your super, before 30 June 2014 The federal government will co-contribute 50% of your contribution, up to...

One of my Total Service Clients is assessing commercial premises to purchase, which they will use for their own business. This will be their first commercial property, so they have requested I assist them with their research. I have been co-ordinating with the client and several real estate agents, including obtaining detailed property research reports for various properties (free of charge, as they are a Total Service Client), to assist the client assess if the property is suitable fo...

I had a client contact me earlier this week, to discuss options for purchasing their current business premises, which they are leasing, but have been given the opportunity of purchasing. I have only ever arranged Vehicle Finance for this client, and they are not a Total Service Client, but that doesn't mean I may not be able to help in some way. I had a general idea of the client's circumstances, given my past dealing with them, so I was able to discuss the general issues r...