On Tuesday night the Treasurer, Scott Morrison, handed down the 2017/18 Federal Budget. The Government noted the Budget is about ‘fairness’, boosting economic growth and helping households; which it hopes will lift consumer and business sentiment.
As of 1st July 2017, the Victorian Government will abolish stamp duty for First Home Buyers (FHB) in response to Melbourne’s affordability issue that has once again captured media attention.
When are the short-term vote-grabbing politicians going to learn? This is how markets are meant to work: property prices go up, they get very expensive, people are priced out and demand falls away.
MUCH of the current debate around affordability could leave investors with the impression that it is a nationwide problem. This couldn’t be further from the […]
When purchasing, you should buy below or at the median value for the property. NEVER pay above market value. Paying too much will limit your capital growth.
Australia has had a wild run with property prices in Melbourne and Sydney enjoying well above average growth over the past five years. However with these […]