Property News & Hotspots

Welcome to the Landsdale Property Group's Property News & Hotspot page!

Our team is focused on providing you with current, relevant and well-researched property news and hotspot recommendations.  We look forward to you enjoying our news and providing us with feedback.

Property Depreciation and Tax Benefits

By Landsdale Property Group on July 7, 2017 in Property News | comments
One of the main challenges for property investors Australia-wide is managing the cash flow from their investment property. A tax depreciation schedule, prepared by a specialist Quantity Surveyor, can assist to maximise the cash return from an investment property each financial year. BMT is one of the quantity surveyors that we recommend to our clients.
 

 
 

Investor Demand Returns

By Landsdale Property Group on February 1, 2017 in Property News | comments

The number of home-loan approvals rose 0.9% in November 2016 from October 2016, the Australian Bureau of Statistics says.

The value of loans for investment housing increased by 4.9% from October, the ABS said. Cameron Kusher, head of research at CoreLogic, says there was a clear trend emerging of investors coming back into the property market, which he expects to continue in 2017.

Kusher says a bank crackdown on lending to property investors in 2015 resulted in sharp falls in new lending to these customers, but "once they were eased, there was still a lot of investor demand in the market place."

 

Aussie's drive prices not foreigners

By Landsdale Property Group on February 1, 2017 in Property News | comments

A Treasury working paper based on five years of research found foreign demand accounts for only a small proportion of the increase in property prices in recent years. The low number of building approvals and completions in the late 2000s has also impacted price growth.

The nation's property values have increased by an average 42% over the past 4½ years, according to one source, dominated by a 67% rise in Sydney and 46% in Melbourne.

Nearly 70% of foreign investment approval applications for housing were from Chinese citizens, up from 50% six years ago.

"It is difficult to directly attribute price growth in Sydney to foreign investors alone," the Treasury paper said.

State governments have reacted to the growing foreign buyers' demand by raising stamp duty on foreign transactions to slow down the activity.