With the 2019 federal election on the horizon, changes to the negative gearing policy have become a frequent topic of discussion. Introduced in the 1980s by the Hawke government to encourage Australians to populate the housing market with rental properties, the policy did its job. Unfortunately, more than 35 years
If you believe the 88-year-old investor Warren Buffett, the time to invest or enter the property market is when others are fearful. Warren Buffett is the chairman & CEO of Berkshire Hathaway one of the most successful investors ever to walk the planet. 18 months ago, Warren would have described
It’s a sensitive time in the property market at the moment, and as a result we’re seeing a higher rate of properties pass in at auction. If you’re bidding on a property at auction, a pass in may throw you off a little – but if handled well, it can
1 – Unrealistic vendors, looking for a price that is not in line with current market conditions. In a declining market, comparable sales are no longer a relevant metric. The number one reason a property passes in is that the vendor still thinks the neighbour’s house, which sold for $1.5
How the Metro Tunnel will transform Melbourne If you’ve visited Melbourne in the past few months, or you’re a local resident, you will have noticed the massive infrastructure works currently underway as part of the $11 billion Metro Rail Project. This massive construction project involves a twin 9km rail tunnel
If you’ve only recently tuned in to this year’s season of The Block, you may be surprised to learn what St Kilda’s Gatwick Hotel was like before the teams worked their magic. Forget sparkling bathrooms, fresh paint and designer furniture… we’re talking drugs, murder and some seriously icky rooms. It’s
Why spring might NOT be the best time to sell! We get a lot of sellers asking us: “Should I sell my house in spring?” With your garden looking so fresh and buyers coming out of hibernation, it sounds like the ideal time to put your house on the market,
My partner Libby and I are lucky enough to live in the multiple architectural award-winning building YVE, located at 576 St Kilda Rd, Melbourne. We love the building for all its amenities, and of course, its design. But what we enjoy the most about living where we live is the
Summer in Melbourne is traditionally a time for chilled out barbecues, the Ashes test series, Australian Open and swimming between the flags. But the heat of summer in Melbourne isn’t a particularly sizzling season when it comes to property. In fact, with many real estate offices closed for the New
What makes a great investment property? Investing in a property can provide several benefits, such as giving you a sense of financial security and stability. But, with the Melbourne property market soaring, it can be an intimidating time to conjure up the courage to even start looking. If you’re interested
At Industry Insider Property, we work closely with buyers at all stages of their property journey. If there are changes to legislation or market trends that might affect them, we try to provide advice that’s as helpful and timely as possible, keeping clients informed every step of the way. In
The risks, considerations and alternatives to buying an off-the-plan apartment in Melbourne. What if I told you that you might have been better off financially by not purchasing an off-the-plan Melbourne property in the booming year of 2007-8? This was certainly the case for an investor I have watched with
Acknowledgement of Country Industry Insider respectfully acknowledges the Traditional Custodians of the land of which we work, the Bunurong Boon Wurrung and Wurundjeri Woi Wurrung peoples of the Eastern Kulin Nation and pays respect to their Elders past, present and emerging.
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