Are you a first home buyer trying to get your foot in the door? If so, there’s good news! The Queensland Government has just extended the $20,000 First Home Owners’ Grant until 31 December 2017. This gives first home buyers an additional six months to purchase a property until it drops back down to $15,000. […]
Following on from Part 1 of Brisbane’s Inner, Middle and Outer Rings report, a more in-depth analysis on the property market in these three rings is provided below. A summary of the top five suburbs in terms of capital growth, affordability and most expensive houses and apartments in each ring has also been provided. Brisbane’s […]
Part 1 of Place Advisory’s Inner, Middle and Outer Rings report will discuss the differences between each of the three rings, demographic trends and how the property market has performed over the past 12 month period. What are Brisbane’s Inner, Middle and Outer Rings? For this report, we have divided Brisbane’s suburbs into three regions, […]
As expected, the March 2017 quarter brought another period of subdued sales activity across Inner Brisbane’s off the plan apartment market as sales momentum continues to soften. The Inner Brisbane apartment market saw just 272 unconditional transactions take place throughout the first quarter of 2017, a substantial decline of 67% from the same period 12 […]
Foreign Investors: The Federal Government has proposed numerous changes for foreign property investors in Australia. These changes include: Capital Gains Tax (CGT) withholding rate that currently applies to foreign tax residents will be increased from 10% to 12.5%. The CGT withholding threshold will also be dropped from $2 million to $750,000. Foreign investors who have a […]
Superannuation and investing in Self-Managed Super Funds (SMSFs) are continually in the spotlight and undergoing reviews within the industry, and more so in the political landscape. In the lead up to the May 9 Budget, the Federal Opposition has proposed that SMSFs should be banned from borrowing money. In what they call an attempt to […]
The March 2017 quarter brought another period of subdued sales activity across Inner Brisbane's off the plan apartment market as sales momentum continues to soften...