New tax to hit vacant property owners
A new tax that will hit owners who leave properties vacant is the latest in a suite of measures the Victorian State Government is introducing to combat housing affordability.
A new tax that will hit owners who leave properties vacant is the latest in a suite of measures the Victorian State Government is introducing to combat housing affordability.
The Fishermans Bend urban renewal project is one of the key reasons Melbourne has been named as one of the top investment spots in the world in a new report.
The Victorian Government will rezone 100,000 housing blocks to create 17 new suburbs in Melbourne to combat housing affordability.
Melbourne was the nation’s strongest performer for industrial property in 2016, recording a 15 per cent increase in property deals for the year.
Borrowing for off-the-plan apartments is getting tougher as lenders crackdown on property valuations for loan approvals.
Two of the country’s big four banks say changes to capital gains tax should at least be considered to help reduce property demand and assist with affordability.
In a further sign of lender crackdown, the Commonwealth Bank has made an out-of-cycle interest rate hike to investor loans.
In efforts to tighten lending, Bankwest has decided it will ignore negative gearing tax benefits for property investors when it calculates loan eligibility serviceability.
CoreLogic have released a fun stat this week – particularly fun if you’re a homeowner, not so much if you’re trying to become one.
Proximity to good quality schools and educational facilities is an ever-increasing factor in the value of homes and their potential for capital gain.