Perth Australia property market news roundup Perth Australia property market news roundup Expert advice Investor stories Perth Root

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Hotspots • 21 DEC 2022

Government gets going on National Housing Supply and Affordability Council plans

The chief executive of Mirvac will be taking on an integral role as chair of the government’s interim National Housing Supply and Affordability Council.  

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Finance • 21 DEC 2022

5 key downsizer risks for younger SMSF clients

With the reduced age for downsizer contributions now passed, investors have been reminded of its potential ramifications on the Age Pension and future contributions.

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Hotspots • 15 DEC 2022

House prices fell around $37k on average: ABS

The total value of Australia’s residential dwelling has continued to fall from its $10 trillion peak, down to $9.6 trillion in the September quarter, the latest data...

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Tax & Legal • 15 DEC 2022

ATO targets dodgy deductions for holiday homes

Thousands of dollars in claims “that would fail the pub test” contribute to $1.6bn tax shortfall, assistant commissioner says.

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Hotspots • 10 DEC 2022

Which cities saw capital growth of almost 50% through the pandemic?

A new report has revealed just how much capital growth was achieved by investors across Australia’s capital cities and regions in the latest property cycle.  

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Hotspots • 06 DEC 2022

10 sub-$500k markets set to soar in Perth in 2023

Established suburbs with a median house price below $500,000 will be the big winners of the West Australian property market over the next 12 months, according to a local...

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Tax & Legal • 29 NOV 2022

Bill to lower downsizer age passes both houses

The bill to reduce the eligibility age for downsizer contributions down to age 55 has now passed the Senate and awaits royal assent.

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Tax & Legal • 22 NOV 2022

ATO undertaking ‘extensive’ property deducation examinations

With the ATO scaling up its compliance and undertaking detailed reviews including questionaries, SMSFs with compliance issues should take action now, an SMSF lawyer...

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Hotspots • 19 NOV 2022

Aussie rental markets remain in favour of landlords

There’s no end in sight for super-low national vacancy rates, which slipped to 1 per cent in October, according to SQM Research.

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Finance • 16 NOV 2022

Home buyers warned to beware of BNPL

An alarm has been raised about the pitfalls of “buy now, pay later” (BNPL) for those looking to get a home loan.

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Tax & Legal • 01 NOV 2022

Scrapping stamp duty: How much do buyers stand to save?

NSW first home buyers could easily save upwards of $30,000 by saying no to stamp duty, according to new government analysis.

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Hotspots • 27 OCT 2022

Property market update: Sydney, September 2022

Rate rise pains continued to dig into Sydney’s property market in September, as the city’s dwelling values slid for the ninth straight month. But as market activity...

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Hotspots • 07 OCT 2022

Brisbane property market update September 22: Is the worst behind us, or is there more pain to come?

Brisbane has seen another month of price falls based on median settled sales data. Is the worst now behind us, or is there more pain to come? The answer depends on a few...

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Hotspots • 05 OCT 2022

Property market update: Perth, August 2022

Perth’s dwelling prices fell in August, as the West Australian capital finally joined the other capital city markets around the country with softening prices. But data...

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Tax & Legal • 30 SEP 2022

Take action on valuations now to avoid delays, says ATO

The ATO is urging SMSFs to get their asset valuations done before their annual audit to help avoid delays and late lodgments.

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Hotspots • 30 SEP 2022

Property market update: Brisbane, August 2022

Both Brisbane’s house and unit sectors fell into negative territory in August as the city’s market conditions continued to weaken. Is this the start of steep...

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Tax & Legal • 29 SEP 2022

Accountants slam Queensland land tax as revenue grab

A major accounting body backs condemnation of the levy by NSW Premier and says it amounts to “double taxation at its worst”.

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Hotspots • 28 SEP 2022

Property market update: Melbourne, August 2022

Melbourne’s property prices are now back near the levels seen a year ago, as the city continued to hit the snooze button on growth in August. As the city welcomes its...

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Hotspots • 28 SEP 2022

‘Resilient’ unit prices take a hit

While units have been more “resilient” to price falls, compared to houses, the latest data reveals the downswing has kicked in.

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Hotspots • 20 SEP 2022

Property market update: Sydney, August 2022

Sydney remained at the forefront of the market downturn, with the city ending the winter season on a bleak note. As spring selling season begins, will the NSW capital...

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Finance • 16 SEP 2022

SMSFs warned on risk of ‘mortgage prison’

With further interest rate rises expected over coming months, some SMSFs may be left trapped in legacy products paying higher interest rates, a prominent SMSF lender has...

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Hotspots • 02 SEP 2022

Is this the start of big price falls in Brisbane?

For the first time in more than two years, negative growth has been recorded in both the housing market and the unit market across Greater Brisbane. 

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Hotspots • 01 SEP 2022

29 Perth suburbs have delivered 10% price growth for 2022

There are still four months of 2022 still to go, and Perth is already reporting huge profit potential for investors across 29 city suburbs.

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Hotspots • 01 SEP 2022

Property market update: Perth, July 2022

Perth’s property market continued to heat up in winter, as the West Australian capital continued to deliver property value gains in July.

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Hotspots • 31 AUG 2022

Property market update: Brisbane, July 2022

Brisbane may have outshone other markets throughout the tail end of 2021 and into the start of 2022, but the Queensland capital’s reign as capital growth king is now...

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