The Gold Coast Housing Market is Regaining Some Momentum
The Gold Coast housing market is continuing to regain some momentum as it heads into the spring selling season. The large majority of suburbs in the market, which was heavily hit during the global financial crisis, recorded positive increases in their median house prices in the past quarter and year. Just a few years ago.
Now Looks Like a Good Time to Buy a Gold Coast Investment
The Gold Coast market has finally entered a recovery. This recovery started in earnest this year. It followed a market correction and long stagnation period. This ‘reset and rest’ was needed, as the Gold Coast had overheated in terms of price and even rents in the mid-to-late 2000s. Property values on the Gold Coast appreciated.
Marrying Later, Renting Longer – Welcome News for Landlords
Landlords have never had it better, with an increase in people delaying marriage and clocking up more time renting. An analysis of research by Matthew Lovering of the Australian Housing and Urban Research Institute found that because people are marrying later they are also buying their first property later in life. Mr Lovering found that between.
Landlords Urged to Monitor Arrears
Property investors have been reminded not to be complacent when it comes to protecting their income. Terry Scheer Insurance executive general manager Carolyn Parrella said a tenant who falls behind in their rent can put landlords under significant financial stress. “Arrears can be a very long and costly process to resolve and may leave landlords.
Gold Coast Light Rail will Finally Begin Carrying Passengers
THE $1.2 billion Gold Coast light rail system will take its first public passengers on July 20, with a day of free travel marking the milestone event. Transport and Main Roads Minister Scott Emerson confirmed the date while visiting the city yesterday, saying all the project’s stakeholders were now satisfied the launch could go ahead..
RP Data Releases Gold Coast Housing Market Report
The RP Data Research Team have released its latest housing market report for the Gold Coast region. The report provides an in depth look at the current conditions across the Gold Coast housing market and offers key trends, metrics and suburb statistical data. Some of the key trends mentioned: 3.8% increase in dwelling values over.
Australians Claim $8 Billion on Investment Properties
Australians earned more than $33.5 billion in rental income on investment properties and claimed more than $41.5 billion in tax deductions against those properties in the 2011-12 tax year, according to the latest Australian Taxation Office figures. The total of $8 billion in net losses claimed in the 2011-12 financial year was a slight increase.
Porfolio Based Trumps Task & ‘Pod’ Systems
A leading figure in the real estate industry has been able to answer the age-old question of which structure works best for a property management department. Over several years, Chris Rolls from Rental Express – one of the country’s largest rental businesses – experimented with portfolio-based, task-based and a hybrid ‘pod’ team structure. “We’ve tried.