Australia’s Property Market: Is Now a Good Time to Invest?
Why is the property market gaining momentum? The market is stable, and a recent interest rate cut by the Reserve Bank of Australia (RBA) has increased demand. Investors are returning despite higher costs. What factors are keeping the market stable? Economic trends, local and global events, and the balance of supply and demand have created a steady environment, encouraging buyers. Is n...
NSW Housing Boost: What It Means for Homebuyers, Renters, and Investors
Q: What is the Australian government doing to increase housing in NSW? A: The government is investing $182 million to support 25,000 new homes across NSW. This funding will go towards critical infrastructure projects like roads, sewage systems, and water facilities to make more housing possible. Q: What specific projects are being funded? A: Some key projects include: $13 million for a ne...
Peter Dutton’s Housing Plan – What It Means for Australia’s Real Estate Sector
Q: What key housing policies did Peter Dutton propose in his budget reply speech? A: Dutton vowed to boost funding for stalled housing projects, cut immigration by 25%, allow first-home buyers to access up to $50,000 from their superannuation, and restrict foreign ownership of established homes for two years. Q: How does Dutton justify the superannuation policy for first-home buyers?A: He...
Federal Budget 2025: How Does It Impact Housing in Australia?
Q: Who benefits the most from the 2025 Federal Budget in the housing market?A: First-home buyers are the biggest winners. The government has allocated $800 million to the Help to Buy shared equity scheme, making it easier for more people to afford a home. Q: What changes have been made to the Help to Buy scheme?A: The scheme’s income limits have increased: Individuals: From $90,000 to $100,...
NSW Rental Law Changes: What Renters and Owners Need to Know
Q: What are the new rental laws in NSW starting May 2025?A: From 19 May 2025, landlords in New South Wales (NSW) can no longer evict tenants without a valid reason and cannot automatically refuse pets in rental properties. Q: Why is NSW making these changes?A: The government wants to provide more security for renters and create fairer rules for both tenants and landlords. With more people rent...
New ATO Rules: What Sellers Need to Know About Clearance Certificates
Q: What is the new requirement for selling property in Australia?A: As of January 2025, all property sellers in Australia must obtain a clearance certificate from the Australian Taxation Office (ATO) to confirm their tax residency. If they don’t, 15% of the sale price will be withheld by the buyer and sent to the ATO. Q: Who does this rule apply to?A: The new rule applies to all Australian ...
When Is the Best Time to Sell a Property in Sydney?
When Is the Best Time to Sell a Property in Sydney? Selling a property is a big decision, and timing can make a difference in getting the best price. In Sydney, seasonal trends, market conditions, and personal factors all play a role in choosing the right time to sell. Seasonal Trends in Sydney Spring is often the best time to sell in Sydney. The warmer weather and blooming gardens make home...