If your property is in need of some work, it is always a good idea to get it done whilst it remains a rental property.…
Australian Property Investor Magazine
Just because June 30 has been and gone, property investors don’t need to wait another financial year to get a tax depreciation schedule - even if a schedule is ordered after the end of a financial year, depreciation can still be back-claimed.
Melbourne investors are being urged to look at returning to CBD apartments with the Victorian capital recently acquiring the unique status of having outer suburban units outpricing their inner city counterparts.
Legal experts say Victoria is socialising the pandemic and pushing its burdens onto business, with a new round of support for commercial tenants disproportionately relying on property investors and landlords to carry the financial costs of the state's latest lockdown.
In the national landscape, property investors should not overlook the potential Western Australia offers as the state's economy continues to grow strongly and a long-awaited property market recovery gathers momentum.
A new guide has been launched promising Melbourne apartment buyers peace of mind, after a survey of more than 1,000-apartment owners in Victoria showed a majority were living in buildings with defects.
Rental vacancies in Sydney have dropped to their lowest level in more than three years, with potential upside emerging in apartments as investors again make their presence felt.