06/09/2013
Buy & Sell Properties
Australian Government Policy
1. When First Home Buyer purchases a brand new property: No Stamp Duty for the value of $550,000 or under; Stamp Duty discount for the value between $550,000 to $650,000.
2. When an Investor purchases a brand new property: $5,000 discount on Stamp Duty (July 2013).
3. Government Incentive/Concession: from time to time, the Australian Government may make a new policy to give incentives to property purchasers.
Interest Rate
Interest Rate in Australia is reported by the Reserve Bank of Australia. Australia Interest Rate averaged 5.41 Percent from 1990 to 2013, reaching an all time high of 17.50 Percent in January of 1990 and a record low of 2.50 Percent in August of 2013. Having an understanding of how the RBA official interest rate decision will affect Australia’s property markets arms you with the knowledge to make informed real estate decisions. We can help you!
Buy vs Rent
Depends on your own circumstances, some people may say "Buy is better than rent"; other people may think its opposite. From our studies, most people think it is the first but in real life they live the latter. Why? Ask us today. Please visit 'Case Study' for some more information.
Choose a property that will grow in value
Our studies show there are 3 types of properties that more likely grow more than the average in a good market and hold their values in a down market.
1. The property is within Sydney CBD or close to CBD;
2. The property is close to beach or has water view;
3. There is a major government plan in the area.
Create instant Equity
Renovations such as a paint job, re-carpeting, tidying the garden, painting the fence, installing new curtains or blinds and replacing the kitchen-cupboard doors.
Refinance your property
When your property grows in value, refinance your property. We recommend that you check with your financial institution and refinance your property regularly, for example, every 2 or 3 years. The benefit is it creates a cash buffer, which allows you to continue to make mortgage repayments even if you lose your job or have spare money on other investment, such as property, shares, business.
Property that’s attractive to tenants
The property should be clean, have good-sized bedrooms, ideally with off-street parking, and good positioning
away from noise and main roads. The lifestyle of young Australians changes. They no longer want to live in houses but prefer to live in apartment.
You may hear of the word 'Joint Venture' by other investors? What is it and how does it work?
Sell, Upgrade or Downsize Property
If you want to
sell a property, or
upgrade or downsize your existing residential property,
please contact us today.
Selling your property can be a very challenging experience to you. We will provide you professional advices such as recent sales, the selling process, and some tax issues. We work 7 days a week.
We are happy to negotiate the fees but most importantly we will help you achieve your goals.
Speak to our experts TODAY!