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Maintenance Responsibilities – Owner or Owners Corporation?

One of the most confusing aspects of owning a lot within a Strata Scheme is understanding who is responsible for the maintenance of certain elements within the lot – an individual owner or Owners Corporation (Body Corporate)?

This debate has existed since strata schemes legislation was first incepted in 1961 and … Read More

No ban on SMSF property borrowing just yet

According to the Assistant Treasurer Josh Frydenberg, there will be no ban on Managed Super Fund (SMSF) property borrowing. However, it is likely that there will be tougher regulations implemented instead – iBuyNew reports.

During the Tax Institute annual superannuation conference in Sydney on Friday, Mr Frydenberg said that the Abbott government is … Read More

10 benefits of buying off the plan

If you’re looking to buy a property, but are torn between buying a new property off the plan, or a slightly older property read on. Mark Mendel at iBuyNew shares his thoughts on why buying off the plan can be more beneficial in the short and longer term.

1) Stamp Duty Savings

Stamp … Read More

Sydney leads charge in value growth

Sydney has again led the charge in growth in Australian home values, recording a growth rate of 1.1% for the month of August. The city was well above the national average rise in dwelling values of 0.3%.

Just two other cities – Adelaide (0.7%) and Darwin (0.3%) – recorded growth in home … Read More

Tips for Buying Property interstate

We know from looking at the data that most investors buy property in their home state. Even though your home state or city may not be the best place to invest in, one of the great advantages of property is that you can see it, touch it and feel it.

Buying close to … Read More

Weaker Sydney auction market sliding again

Sydney’s fading late winter auction market is sliding as the market continues to be flooded by unprecedented numbers of homes for sale.

Sydney reported a clearance rate of 76.4 percent two Saturdays ago – down from the 79.7 percent recorded the previous weekend and now well below the 83.4 percent recorded over the same … Read More

Guide to buying a home or investment property

Buying a home or investment property is not something that people do every day, unless of course you are a buyers’ agent! There are many steps that need careful consideration and lots of time to get the best result. This checklist provides a snapshot of the key steps required in … Read More