Daily Archives: November 1, 2011
Nearly half of Aussie Properties Double in Value
New research from RP Data has found that 45% of Australian properties are worth at least double their original purchase price – and less than 4% are in negative equity. The research firm’s latest Property Equity report has revealed that … Continue reading
SMSF changes could impact rental market
Changes to regulations surrounding self-managed super funds could ultimately impact on rental affordability, it has been claimed. The ATO has released a draft ruling opening up the use of SMSFs for renovations on existing properties. Previous ATO regulations restricted … Continue reading
New home sales edge up
Sales of new homes rose slightly in August following two consecutive falls, the Housing Industry Association (HIA) has recently announced. The report which was a survey of Australia’s major residential builders, showed that the number of new homes sold in … Continue reading
