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How Important Are Energy Efficiency Ratings In Real Estate?

As climate change prevention becomes more of a priority for local governments it seems logical that we’ll start seeing more regulations come in to enforce cleaner living, as well as the ongoing incentives to take up solar power solutions. One area where energy efficiency is being ramped up is real estate.

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How Much Value Do Pools Add To Homes?

After a long and biting winter Aussies are eager for some summer sunshine. One thing I love about summer is that exercising and outdoor activities become a lot more fun. Longer days and lots of warmth really motivate you to get outside and get some fresh air, or, if you are lucky enough to have a backyard swimming pool, a cool dip, and a splash with your family or as part of a weekend BBQ gathering.

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Why Do I Need a Conveyancer? A Comprehensive Guide

If you’re in the process of buying or selling a property in Australia, you may be wondering what exactly a conveyancer does and why you need one. While it’s not a legal requirement to hire a conveyancer for property transactions in Australia, they can provide valuable assistance and peace of mind throughout the process. In this article, we’ll delve into the role of a conveyancer, the benefits of hiring one, how to choose a conveyancer, and more.

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What is Property Depreciation?

The ATO acknowledges the decrease in asset value and has set up a timeline for individual asset life expectancy. This means that even though the expenses of asset depreciation might not be covered in rental earnings, you can claim investment property depreciation against your taxable income.¬† For example, if you buy a new carpet for $6,000 ATO lists this value expectancy as ten years. This means you can claim a $600 tax deduction every year for ten years under straight-line depreciation (Prime Costs). We’ll get into the formula for calculations a little later in this blog.

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How To Use Super To Buy A House

In an effort to make owning a home more manageable for average Australians, particularly those renting and looking to purchase their first home, the Australian government is opening up more and more incentives to make it possible. One of these boosters is through Superannuation.

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Things To Know Before Buying A Property

To make good on your goal to own an amazing property, all you need is to find the right professional support: a quality mortgage broker, supportive lender, qualified conveyancer as well as making sure you complete third-party property inspections for building faults and pest control. These professionals will be able to see problems and challenges you might miss through being rushed, emotional or just not having the proven experience to know what to look for. Looking for ways a property won’t work for you is just as important as determining what will work.¬†

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What Is The Regional First Home Buyer Guarantee?

To reduce the pain of buying a first home and helping renters in the property ownership door, the government introduced a number of incentive plans. In 2020 the First Home Loan Deposit Scheme was introduced to allow first home buyers to get into their own homes with a reduced deposit and no added bank penalties. In the 2022 Federal Budget, this was changed to be called the First Home Guarantee. 

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What Is The Family Home Guarantee?

With housing prices still rocketing out of control it’s a daunting task for single parents to get into their own property and secure a safe and stable home for their families. Luckily the federal government is looking to do something about it with a family home guarantee that allows single parents to apply for a home with only a 2% deposit.

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