Archive for the ‘Newcastle Real Estate News’ Category

Rental Bidding in NSW

Rental affordability in NSW has become a hot issue and with a new Labor government in power, there are significant changes to the industry being considered and new laws being adopted. Demand for rental properties in recent years has surged, causing an increasing competitiveness in the market. One of the consequences of this cutthroat environment has been the … Read the full post »

ATO Warns of Crackdown for Property Investors this EOFY

As tax time approaches, Australian landlords are urged to be proactive in preparing their rental property expenses and ensuring compliance with tax regulations. Recent reports indicate that incorrect returns have been rife among property investors, prompting the Australian Taxation Office (ATO) to implement stricter measures. The ATO has issued a warning that there will be a crackdown on … Read the full post »

Property Values Stabilising

Row of model houses with increasing arrow

Property analysts are reversing their dire outlook on the future state of the industry and seeing an increase or stabilisation in property values rather than the decline previously forecast. According to The Australian Financial Review, Westpac had previously predicted an 8 percent decline in Sydney property values but is now confident of … Read the full post »

In Celebration of Women in Real Estate

Women in Real Estate at Walkom Real Estate

This month the world celebrated International Women’s Day, so it seems only fitting that we celebrate the women who work here at Walkom Real Estate, acknowledging their significant and invaluable contribution to our business and our lives.

Walkom Real Estate was founded by Sonia Walkom, … Read the full post »

NSW Land Values Soar – How It Affects Your Property Calculations

Suburban Homes aerial shot

The Hunter region has had a 66% increase in land values since July 2021 – the largest increase of any region in NSW. The second largest increase was felt by the Murray region with 52.8%. The increase in land values has a significant impact on land tax, payable by property investors, but it also affects … Read the full post »

Property News from the 2022 NSW State Budget

The NSW State Budget for 2022 was announced on 21 June and included plenty to unpack for those of us in the real estate industry. We’ve done our best to break it all down for you.

Tips on Rental Property Expense Claims for Tax Time

As we head toward the end of the financial year, thoughts turn toward our taxes. Over the past couple of years, there have been changes to the rules around property investment and rentals due to government regulations during the COVID pandemic.

Infrastructure Boom in Newcastle – An Investor’s Dream City

Currently, there are several major infrastructure projects scheduled to take place across Newcastle, all of which will improve the liveability of the city and the region, drive jobs, boost the economy and increase property values.

Retiring to the City – Dairy Farmers Towers

Newcastle is a city on the move, a city that’s changing in all that it offers. Shifting from an industrial working-class town to a city of arts and culture, entrepreneurship, tech start-ups and fine dining. Changes to the rail corridor, the light rail and the developments along the harbour, both in terms of residential and business dwellings and recreational spaces are creating a highly desirable location. With stunning … Read the full post »

Dairy Farmers Towers Coming Soon

With the launch of Dairy Farmers Towers coming up in November 21, Walkom Real Estate, Third.i & Basebuild invites you to register your interest in this exciting development. Dairy Farmers Towers will be one of the tallest residential towers in Newcastle and offer some of the best 1, 2 and 3 bedroom apartments in Newcastle, many featuring panoramic city … Read the full post »

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