There’s no secret off-the-plan units are being sold left right and centre. It’s also no secret, many of these, especially in pockets like the Brisbane CBD will lose significant value by the time they are completed due to an oversupply issue in that market sector. Buyers are left with the choice of either swallowing the […]
As seen on Studio 10 – Anna has some thoughts on the Air BnB sector. Read on to find out more…. The previously unregulated short-term letting industry in NSW has just seen some big changes and investors are being warned to watch out. Regulations to Airbnb were going to happen eventually, but on Tuesday […]
There’s no secret the Sydney and Melbourne property markets are too heated for investors and the transition into Spring doesn’t look like it’ll change a thing. Even though Spring Has Sprung and it was to be expected a flurry of properties would hit the Australian market, the opening September weekend saw 2074 less properties go […]
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 […]
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