Simply put, depreciation is the act of a fixed asset losing value over time. It occurs in all acquired entities. The nature of this ongoing prospect in terms of an investment property precludes depreciation solely for end-of-financial year prioritising. Rather, a concerted financial planning approach and effort ensures that your investment and deprecation remain a cohesive unit.
Industry Insiders: A column featuring the experience and opinions of leading industry proponents brought to you by The Real Estate Voice. It’s an honour for us to feature Green St Property CEO and Licensee Peter Aloupis today!
With Big 4 bank forecasts tipping further house price increases of up to 20 per cent over the next two years, the lure of property ownership is proving too tempting to many.
“House price movements since the year 2000 have affected some regions more than others, with amenity-rich ‘sea-change’ or ‘tree-change’ localities especially affected by rising house prices,” the March 2011 report says. Further research shows that uncertain supply processes for the rental market in rural centres have also contributed to the high degree of unaffordability in housing.
Industry Insiders: A column featuring the experience and opinions of leading industry proponents brought to you by The Real Estate Voice.
Today, what an honour to have Leanne Pilkington join us!
Government stimulus, such as the First Home Buyer Grant and HomeBuilder Grant, has assisted to a small degree, but the bigger financial picture looms large.
A new column in The Real Estate Voice, featuring the experience and opinions of leading industry proponents. Today, it’s such an honour to feature REIA President Andrian Kelly.
Conducted in April 2021, the report perceives the overall sentiment of buyers and sellers in the residential property market dipping seven percentage points to 42 per cent in the past three months. This follows record-high sentiment during the first quarter of 2021, which was conducted during the economic highs of the post-pandemic lockdown phase.
The sea-changer/tree-changer rise is no surprise, but a recent report estimated the combined development value of Australia’s top 10 regional growth areas at more than $15 billion this year — with Greater Geelong, Victoria, representing $7.52 billion in value alone.
It’s comforting to know that advanced technological aids will never replace the personability, experience and reputation of real estate professionals. But when distance, situation and time are a barrier, virtual reality succeeds in replicating the real-life experience of buying property remotely. Even in uncertain times, this provides buyers with a level of stability and reliability — thus increasing sales through renewed buyer confidence.