Investment Property Archives · Australian Loans Group

ATO Warns Investors

Posted on 21/06/202417/06/2024 by Laze Spasevski

The ATO (Australian Taxation Office) warns property investors it will pay close attention to their reported income and deductions this tax time. Based on official data, 90% of investors make mistakes on their tax returns. ATO assistant commissioner Rob Thomson emphasized the importance of correctly categorizing expenses related to rental properties. He said that general repairs and maintena...
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Commercial Sales Set To Rebound

Posted on 14/11/202327/10/2023 by Laze Spasevski

Commercial sales are set to rebound as transaction activity in the Australian commercial property market appears to be trending up. However, sales activity in 2023 will almost certainly be well down on last year's results. There were $29.2 billion of sales in the office, logistics & industrial, and retail sectors during 2022, according to JLL. Which is considerably higher comp...
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Interest Rates Have Evolved

Posted on 03/11/202324/10/2023 by Laze Spasevski

Interest rates have evolved over the past 18 months according to the latest Reserve Bank of Australia (RBA) data. It certainly has shown the impact the RBA's cash rate rises have had on the mortgage market. The key is to compare average interest rates for all outstanding loans in April 2022 – the month before the first rate rise – and August 2023 – the most recent month for which we have da...
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Housing slowdown – Nearing Its End

Posted on 21/04/202321/04/2023 by Laze Spasevski

The housing slowdown may be nearing its end, according to new statistics from CoreLogic. While Australia’s median property price fell 0.1% during February, values then rose in some markets in the four weeks to March 15: Sydney – up 0.8% Melbourne – up 0.2% Perth – up 0.1% Brisbane – unchanged Adelaide – down 0.4% That said, it’s too early to call the bottom of the ma...
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Rental Income Rose During 2022

Posted on 08/02/202308/02/2023 by Laze Spasevski

Rental market conditions have strongly favored property investors during 2022 as rental income rose significantly. CoreLogic has reported that the median rent for an Australia investment property increased 10.2% during the year. The city-by-city breakdown was: Brisbane4% Adelaide9% Sydney4% Perth2% Melbourne6% Hobart3% Darwin1% Canberra3% During 2022, the nation...
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Refinancing is at Record-High

Posted on 06/02/202306/02/2023 by Laze Spasevski

Refinancing activity is at record-high levels right now. According to another blog post, there are several reasons why borrowers are refinancing their home loans. The top reason is that owner-occupiers and investors alike are seeking home loans with lower interest rates as the Reserve Bank continues to raise the cash rate. Borrowers refinanced a record $19.5 billion of loans in November, the mo...
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Construction Activity at Record High

Posted on 31/01/202306/02/2023 by Laze Spasevski

Australia is experiencing a “record high” construction activity across all sectors and states, according to Rider Levett Bucknall’s third-quarter construction report. The amount of construction work underway across Australia during Q3 was unprecedented with “similar levels of activity” forecast for the next two to three years. RLB said this building boom was being driven by: Federal...
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Borrowers Are Refinancing Their Home Loans

Posted on 17/01/2023 by Laze Spasevski

Enormous numbers of borrowers are refinancing their home loans according to the latest data from the Australian Bureau of Statistics. Australians refinanced $17.8 billion of mortgages in October. This is not far off the record $18.6 billion of refinancing that occurred in August. It just shows that the past six months have been the six biggest months in refinancing history. Owner-occupie...
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Property Market Will Rise Again in 2023

Posted on 12/01/202312/01/2023 by Laze Spasevski

In the year to November 2022, the property market has declined but based on SQM Research forecast, it will rise again in 2023. The property market has changed significantly over the past 12 months. In the year to November 2021, the national median property price jumped 22.2%, according to CoreLogic. But in the year to November 2022, prices fell 3.2%. Some capital cities actually recor...
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Buyers Enjoying More Choice

Posted on 27/09/202229/09/2022 by Laze Spasevski

Buyers are increasingly enjoying more choice, with a growing number of properties listed for sale in many parts of Australia. The number of for-sale properties across the country in July was 0.6% higher than the month before, according to PropTrack. Even better, listings in July were 4.9% higher than the year before, which is the largest year-on-year increase since 2010. &nbs...
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