The Australian Labor Party is proposing significant negative gearing reforms, should they come into leadership at the next election. They are suggesting property investors who hold existing stock should not be able to claim the negative gearing as a deductible expense come tax time. The twist is, they are looking at still offering negative gearing […]
The joy for the aged care industry from the government’s commitment to more funding has been short lived – amid reports it simply isn’t ready for change. The Government has allocated $1.6 Billion to increase in home care place by 14,000 over 4 years, resulting in our aging population staying at home longer with more […]
The popularity of serviced apartments ordinarily peaks during and after holiday periods, as travellers return to work considering investing in holiday homes that they have scouted during their time away. But one property commentator says that she has “personally seen these investments stay vacant for months, if not years.” Anna Porter, founder of Suburbanite warns […]
Has Lowy seen the writing on the wall? It’s never been more important for the bricks and mortar retail giants to startthinking outside the box. With online shopping becoming so prevalent (contributing a staggering $20billion in revenue to the sector and a growth rate of 13.5% according to IBIS research), bricks and mortar retailers need […]
A new report from CoreLogic has recently been released on the suburbs closest to capital cities with a median house value of less than $500,000 – but what do you have to give up for housing affordability these days? Especially for Sydney, these suburbs are significantly out of the CBD and they also come without […]
The prevalent practice of property investment firms sharing undisclosed kickbacks will be outlawed, amongst other changes to come into effect in NSW on 1 July this year under the Property Stock and Business Agents Act and Real Estate Reform being handed down by regulators in NSW. Many may not realise that the practise of passing […]
It’s been just over a week since the 2018 budget reveal and it’s about time someone lays down the facts. Property commentator and valuer, Anna Porter of Suburbanite warns that the budget has done nothing to create jobs in the long-term and is really just focused on a bunch of transport projects. “Let’s get real […]
Scott Morrison’s third budget has hit the ground running and is almost wholly about tax. Whilst ambitious in nature, the 2018 budget is a complete failure for first home buyers. On the contrary, it’s a HUGE win for Airbnb investors. Property commentator and valuer Anna Porter of Suburbanite welcomes the changes for investors but warns […]
The quiet practice of sharing undisclosed kickbacks amongst the supply chain involved in development sales will be outlawed in July this year in the NSW Jurisdiction. Property commentator and valuer Anna Porter of Suburbanite welcomes the reform and says conflicts of interest frequently arises when a mortgage broker, accountant or financial planner receives part of […]
The media constantly declares certain suburbs as hotspots for investors and often fails to acknowledge that this is not always the case. The Suburbanite negative growth report will EXPOSE the areas that must be avoided by investors. Suburbanite founder and director, Anna Porter, says the report is produced annually to aid investors in avoiding negative […]
Wrong side of the tracks? Are train stations and property values intrinsically linked? While Sydney is embroiled in train driver strikes, scheduling issues and crowded platforms across the suburbs, Anna Porter says trains can be just as unreliable for the real estate sector. Property adviser and former valuer Anna Porter of Suburbanite busts the adage […]
The popularity of serviced apartments ordinarily peaks after holiday periods, as travellers return to work considering investing in holiday homes. Whilst you may find yourself on summer holidays and caught up by a fancy 4D model in the local shopping centre of the next big investment disguised by promises of high returns, the structure of […]
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