Melbourne renter Rebecca Shiels never expected the generosity of a landlord to help her get back on her feet. As a newly single mother, she feared for her ability to find a suitable home for herself and her young boy, in a market in desperate need of more affordable properties. “When I separated…
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If you’re moving out of home or relocating to a new suburb, town or city, renting is the simplest and easiest way to find a place to live. Renting offers more flexibility than owning a home and requires less of a financial commitment. Renting also allows you to live in an area where…
Those rethinking their living situation during the coronavirus pandemic may be forgetting one crucial detail: climate change, experts warn. The COVID-19-change has seen cooped-up city dwellers plan a move to the bush and beach, but new residents to these areas are at risk of getting stuck with a property that will become unsafe as the…
Resource for owners of rental properties, from the ATO The Rental Properties Guide 2020 will help you, as an owner of rental property in Australia, determine which rental income is assessable for tax purposes which expenses are allowable deductions which records you need to keep n what you need to know when you sell…
Despite this unusual and unprecedented time, we have found that there are still qualified purchasers around. The good news is that since the beginning of June we have experienced renewed interest in sales and rentals. As a consequence, we have continued to negotiate sales, and often for prices exceeding expectations. With open-houses…
Following the Reserve Bank’s cut in the cash rate made in response to the Coronavirus pandemic caused economic downturn, the official cash rate is now just 0.25%, the lowest it has been in 23 years. Following the RBA’s announcement to cut the cash rate, the big four banks cut fixed home loan rates…
They say 50 is the new 40. However, when it comes to getting a home loan, 50 is, well, 50 and that’s something lenders take into consideration if you’re looking to buy property later in life. Whilst it’s against the law to discriminate against someone on the basis of age, lenders still need…
If there is one thing becoming increasingly problematic in family relationships today, it is the dividing of family assets after people have died. Complications have become far more common as a result of people buying a property before they have married, or a couple having separated from former spouses subsequently buying a…
When it comes to selling a home everyone knows that some preparation is required. This ranges from simply tidying the bathroom to making some renovations. Presentation plays a key role in how people view your home and there is no doubt that some renovation work in an older home can play a significant role…
Among the many things highlighted by the recent tragic bushfire season has been the importance of adequate property insurance. According to the Australian Bureau of Statistics, approximately 23% of all Australian homes have no insurance, while 83% of the remainder are underinsured. If you are underinsured, your insurance policy will not cover…