People invest in property to take advantage of the capital growth in the value of the property over a period of time. To minimise the cost of the investment and to maximise returns, investors offset the costs associated with the property with rental income.
With national rental vacancy rates the lowest they’ve been in ten years and the average gross rental yield at 3.3% nationally, it’s a good time to consider property investment in 2022.
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 »
It happens to all of us – we get older and the home we thought was our forever home now seems too big or it requires too much maintenance, and we start to think about downsizing. With the latest federal budget containing incentives for those aged 60+ to downsize through extending access to the superannuation contribution scheme, it’s time to look at the pros and cons…. Read the full post »