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Property News
03 July 2003
Your Loan to Valuation Ratio
When borrowing money to purchase a property, it is not clear-cut as to what value of the property you should borrow. The term that describes the relationship between the value of the loan and the ...
03 July 2003
Tips for First Home Buyers
Buying a home can be a difficult process, with much to understand and risks to avoid. Following are eight essential ‘first time buyer’ tips.
1. Wait for the perfect home.
Before you start house ...
03 July 2003
Buying and Selling in Winter
Traditionally, real estate activity is viewed as seasonal with activity more prevalent during the warmer Spring and Summer months. However increased buyer activity has resulted in reduced market ...
01 May 2003
Interest Rates and Property Prices
Do rising interest rates mean decreasing property prices? The answer is no…..interest rates have no effect on the capital growth of property at all. How is this so?
Analysis of property sales over ...
01 May 2003
Home Loan and Housing Affordability
The latest available data from the Real Estate Institute of Australia (REIA) reveals that owning a house in NSW compared to the other Australian states and territories, requires the highest proportion ...
01 May 2003
Real Estate Investment in Uncertain Times
According to REINSW president Chris Fitzpatrick, more investors are likely to be attracted to property due to current international events and the stability of real estate compared to the sharemarket, ...
26 March 2003
Landlord and Tenant Obligations
Tenants who occupy residential property have an interest in that property for a given period of time, for a set amount of money, as specified on a lease agreement. The lease should also outline all ...
26 March 2003
New GST Ruling - GSTR 2003/3
A new ruling has been introduced by the Australian Taxation Office, called GSTR 2003/3. The ruling determines when the sale of a property is defined as the sale of “new” property and is therefore ...
26 March 2003
Sydney Rents
Median rent in Sydney for a 2br unit in the September quarter 2002 (latest data) remained unchanged at $265 per week. This is 1.9% lower than a year ago, with tenants enjoying the benefits of a ...
27 February 2003
Residential Vacancy Rate
The residential vacancy rate for Sydney during December 2002 was 4.5%, up from 4.1% in November according to figures released by the Real Estate Institute of NSW (REINSW).
The December Quarter ...
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