The Property Council of Australia has commissioned a Newgate poll that has found Labor’s proposed negative gearing changes will discourage property investors.
A report earlier this year by the Australian Housing and Urban Research Institute (AHURI) says $1.7 billion could be saved if negative gearing tax laws were changed.
It’s a challenging environment for property investors – prices are falling, rates are rising, rental property is in oversupply and auction clearance rates are low.
Tighter regulations on foreign buyers of Australian residential property are starting to put the clamps on overseas investment.
Office buildings that lie outside Melbourne’s CBD are set to show strong price growth and are significantly undervalued according to a new office market report.
A good portion of the respondents went over budget by a significant amount, with nearly half of them blowing their budget by $30,000 or more.
The property industry remains overwhelmingly optimistic despite tougher lending conditions according to new Urban Developer and Development Finance Partners research.
Some great tips on the important things to look for when investing in off-the-plan apartments.
Despite fears negative gearing is unfairly advantageous to wealthy investors, the Property Council has released figures showing most investors negatively gearing earn less than $80,000.
Mortgage Choice CEO John Flavell has told the Australian Financial Review there’s enough funding in the market to keep housing investors going despite lending cutbacks.
