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Is now the right time to buy again?

Median home values around Australia have been mixed across the major cities in 2018. We're taking a look at recent median home value figures and how property has performed in the year to date. Property prices around Australia's major cities have continued to decline in recent months. A recent CoreLogic report revealed that median home values around Australia decreased by 0.1% in late-August. This figure, coupled with continued decreases in median home values in previous weeks made recent...

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4 OUT OF 5 ARE UNDERINSURED

An alarming 80 per cent of property owners are underinsured according to data from the Insurance Council of Australia. While some may underinsure their property on purpose, believing that an event may never happen to save on costs; there are many home owners and investors that are unaware that they may be underinsured. It is important to regularly review your insurance policies to ensure that you are adequately covered, and the policy terms are still the same. When reviewing your cover...

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HOW TAX DEPRECIATION CAN MAXIMISE CASH FLOW

Tax time is here and claiming depreciation expenses can put a lot of money back in your pocket. Investment property tax depreciation allows you to claim a tax deduction for the wear and tear of the structural elements (the actual building) and the plant and equipment (fixtures and fittings) of an investment property. By claiming depreciation as a tax deduction, you can lower your taxable income. This in turn reduces the amount of income tax you need to pay, leaving more cash in your pocket...

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