News
Real estate consumers continue to be misinformed by the publication of dodgy data by journalists who fail to do their jobs. Research shows that 80% of property investors fail to take full advantage of depreciation and miss out on thousands of dollars. With new dwelling construction showing signs of tapering off, renovations work is expected to fill part of the gap in home building activity. Cities with low vacancies are recording good growth in rentals, while rents are falling in markets where vacancy rates are rising. Data from two major sources suggests Hobart is recording stronger price growth than the major cities, with Sydney fading. Young Australians are prolific buyers of property - but increasingly they're opting for investment rather than home ownership. Different research sources seldom agree on price growth but there's one issue on which they concur: Hobart's market is rising strongly. New home building is forecast to slow down, but spending on renovations is expected to continue rising strongly. Latest figures from SQM Research show that rental performance closely correlates with vacancy rates in our capital cities. An independent research report supports Hotspotting's view that Adelaide is one of Australia's rising markets.
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Next ›
Data Misleads On City Price Growth
Investors Overlook Non-cash Deductions
Renovations Recover as Building Slows
Rent Trends Impacted By Vacancies
Hobart Growth Outpoints Big Cities
Young Aussies Opt For Renvesting
Hobart Challenges Big Cities On Price Growth
Renos Rise As Building Slows
Hobart, Canberra lead on rents data
Adelaide Poised For Strong Growth
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With over 40 years experience and membership with both the Australian Institute of Quantity Surveyors and Australian Tax Practitioners Board, Washington Brown is one of Australia’s most trusted Tax Depreciation Specialists. We prepare more than 13,500 fully-comprehensive ATO-compliant reports each year, ensuring our clients receive the maximum allowable depreciation deductions on their property investments.
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