The New South Wales (NSW) government has decided to retract the option for first home buyers to pay yearly land tax instead of stamp duty, less than six months after its implementation.
Rentvesting allows you to rent a property that suits your lifestyle while owning an investment property that fits your budget. With the surge in housing prices in urban areas, this strategy has gained popularity, particularly among younger buyers. So why consider Rentvesting?
The Reserve Bank of Australia (RBA) has raised interest rates again in its latest effort to bring down stubbornly high inflation. This recent hike brings the official cash rate target up by 25 basis points, from 3.6% to 3.85%, making it the 11th hike since April 2022.
When considering buying an investment property, one crucial factor to assess is its rental yield. Rental yield is a percentage that represents the expected annual income from the property. This not only helps in determining if a property aligns with your wealth-building goals, but it also provides a benchmark for comparing against other investments that are typically measured in terms of percentage returns on an annual basis.
The Central Coast of Australia has become a popular destination for downsizers looking for a laid-back lifestyle, access to nature, and luxury homes. Even with the end of lockdowns, many buyers, particularly downsizers, are still considering moving away from the city, as they prioritise features such as proximity to beaches, nature, and spacious homes over being close to the CBD for work commutes.
As a landlord, the thought of allowing pets in your investment property may be daunting. The possibility of property damage or noisy pets upsetting the neighbors can be a cause for concern. However, with an increasing number of people owning pets, especially dogs, it might be worth considering allowing pets at your rental property. In this article, we will discuss the pros and cons of allowing pets in your investment property.
Can tenants be charged for water consumption? If the rental property has separate metering and is water efficient, landlords can charge tenants for water consumption. The bill can be arranged to be issued to the property manager, who will then pass it on to the tenant for payment.
As a landlord, it’s essential to be aware of the upfront and ongoing costs associated with property investment to maintain a stable cash flow throughout the holding period. This article will outline the key expenses that you need to consider as a landlord.
Preparing your home to sell in spring: expert tips for peace of mind
