27 September 2016

Top Five Tips for Buying in a Gloom Market

A Property blog by Paul Bennion.

“Buy in gloom and not in boom,” is one of the best pieces of advice I received about investing in the property market.This is because successful property investors understand that timing is everything when buying real estate.That is why astute property buyers purchase property at the bottom of the property cycle and then achieve strong capital growth during the recovery stage of the property cycle.

19 September 2016

Astute Property Investors Should Target ex Rental Properties

A Property blog by Paul Bennion.

Investor confidence in the Australian real estate market overall still remains positive because of an environment of record low interest rates. Currently, there are many excellent opportunities for investors to purchase prime real estate with great capital growth potential especially in most capital cities throughout Australia. Some of these areas have a high proportion of rental properties and there are opportunities to turn ‘ugly duckling’ ex rental properties into swans through cosmetic renovations.

Property Depreciation
12 September 2016

Property Investors Urged To Claim Tax Depreciation Benefits Because Falling Interest Rates Are Eroding Negative Gearing Benefits

A Tax Depreciation blog by Paul Bennion.

The decision by the RBA to cut official interest rates to just 1.50% in August at first glance can be seen as very good news for property investors. Lower interest rates reduces the borrowing costs associated with owning an investment property. As a result of this downward pressure on interest rates, property investors now can secure fixed interest rates for less than 4% which only a few years ago would have seemed like a dream.

Property Investment can make a lot of money
05 September 2016

Top Tips For Regional Property Investors

A Property blog by Paul Bennion.

Over recent years, investing in regional towns has become more popular with property investors throughout Australia. This was particularly the case in Western Australia and Queensland during the recent resources boom which saw many investors purchasing properties in regional centres such as Port Hedland and Gladstone. If you can pick the cycle correct in these regional mining towns then investors can stand to make a lot of money both in terms of capital growth and return returns. However, if you pick the cycle wrong, then you can stand to lose a lot of money. 

Property Investment Maximises Depreciation Benefits
30 August 2016

Property Investors More Than Ever Need To Maximize Their Tax Depreciation Benefits

A Tax Depreciation blog by Paul Bennion.

With rental vacancy rates now rising in many capital cities and at the same time weekly rents under downward pressure, property investors need to focus on boosting their cash flow during the coming financial year.It is fair to say that the Australian economy is still struggling in its post resources boom transition and that is underlined by the fact that the RBA is very likely to continue to cut interest rates.

22 August 2016

How to pick a boom Suburb in Perth

A Tax Depreciation blog by Paul Bennion.

Over the coming year there will still be opportunities for astute property buyers to achieve significant wealth creation in the Perth property market. The latest figures produced by REIWA indicate that property prices in Perth are nearly at rock bottom with the median price of house in the city falling by 1.4% during the June 2016 quarter. Even in a weak property market, there will be a number of suburbs which will continue to achieve higher than average levels of capital growth.

15 August 2016

Australians Spent a Record 7.7 Billion on Renovations last Financial year

A Tax Depreciation blog by Paul Bennion.

Last financial year (2015/2016) Australians spent a record $7.7 billion on home renovations according to the latest ABS figures.This represents a jump of $1 billion in home renovations spending over the previous two financial years. Back in 2013/2014, national expenditure on home renovations totalled $6.7 billon.Overall, Australians are now spending on average $150 million every week on home renovations.

09 August 2016

Perth Property Market is well Placed to take Advantage of Latest Interest rate cut

A Property blog by Paul Bennion.

Perth is one of the best placed property markets in Australia to take advantage of the latest cut in interest rates by the RBA.The decision by the RBA to cut interest rates at its August meeting will give a boost to the Perth property market and help underpin home prices during the coming year.Property prices in Perth have undergone a major market correction over the past two years. The latest REIWA figures for the June 2016 quarter show that the median house price in Perth fell by 4.7% to $522,500.

01 August 2016

How Perth and Darwin Property Investors can Boost Their Cashflow During the Current Rental Downturn

A Tax Depreciation blog by .

The capital cities of Perth and Darwin have been the hardest hit nationally by the recent down turn in the rental market.This trend is underlined by the latest Core Logic rental figures which show that median weekly rents in Darwin have fallen by a whopping 16.2% over the year ending June 2016 and by 8.6% in Perth over the same period. In comparison, the overall median weekly rent for the combined capital cities fell by just 0.4% during the past year.

26 July 2016

Peter Pan and the Property Investment Market

A Tax Depreciation blog by Paul Bennion.

When Scottish playwright and novelist J.M. Barrie introduced the world to Peter Pan back in 1904, he would have had no idea that more than a century later his much loved character would be used to describe a new breed of property owners in Australia.New research by the Commonwealth Bank has identified ten new social groups in society who will become a dominant force by 2030. Among these emerging social groups are the “Peter Pan’s”.This social group were born between 1954 and 1965 and this generation of Baby Boomers will be aged between 65 and 76 in 2030.