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 »
Posted in Announcement, Market Update, Newcastle Real Estate News, Property Law, Property Management Newcastle on 27th July, 2023 | No Comments »
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 »
Posted in Newcastle Real Estate News, Property Law, Property Management Newcastle, Tips on 27th June, 2023 | No Comments »
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 »
Posted in Market Update, Newcastle Real Estate News, Uncategorized on 1st May, 2023 | No Comments »
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 »
Posted in Newcastle Real Estate News, Property Management Newcastle, Uncategorized on 27th March, 2023 | No Comments »
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 »
Posted in First Home Buyers, Market Update, Newcastle Real Estate News on 21st February, 2023 | No Comments »
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.
Posted in Market Update, Newcastle Real Estate News, Tips on 23rd June, 2022 | No Comments »
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.
Posted in Market Update, Newcastle Real Estate News, Property Law on 19th May, 2022 | No Comments »
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.
Posted in Market Update, Newcastle Real Estate News on 18th May, 2022 | No Comments »
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 »
Posted in Newcastle Real Estate News, Tips on 18th November, 2021 | No Comments »
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 »
Posted in Newcastle Real Estate News on 6th November, 2021 | No Comments »