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September 2014

September Property Report

With winter now over the weather heat up but will the property market remain hot? Residential property in Australia is the nation’s single largest and most valuable asset class with a total estimated value of $5.5 trillion as at August 2014. Which is significantly larger than the value of listed equities ($1.6 trillion), Australian superannuation ($1.8 trillion) and commercial real estate ($0.7 trillion). Over the 12 months to March 2014, Australian gross domestic product (GDP) was recorded at $1.56 trillion indicating that the value of residential property is around three and a half times larger than the annual output of the …

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Perth Developments

There are some big projects happening in Perth and here is a brief rundown on what some of them are! Elizabeth Quay http://www.youtube.com/watch?v=2wzvQIUZYsM Arguably the centrepiece of Perth’s developments is Elizabeth Quay. Located on the foreshore next to the Bell Tower this $2.6 billion project will feature an inlet connected by 1.5km of continuous boardwalks and promenades, new hotel and short stay accommodation as well as contemporary inner city residential options. A bridge at the entrance to the inlet will lead to an island featuring winding paths, kiosk, children’s playground and spectacular views back to the city. The project is …

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How to avoid Capital Gains Tax

No one likes handing over capital gains to the tax man so understanding how to use the rules to be exempt is a blessing for many investors in the know. With the success of many investments judged on the final profit it can make a big difference to your strategy. Any assets purchased before the 20th September 1985 is not subject to Capital Gains Tax (CGT). For everything after, the tax is based on the difference between the selling price of an asset and the cost base. For property the cost base includes the purchase price plus any costs in acquiring, holding …

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Gentrification: How to spot the next boom suburb!

Gentrification is the movement of affluent residents into an area and the changes that occur due to the influx of wealth. Most investors know that if they purchase a property right before a shift begins in the suburb they have hit the jackpot, the only problem is knowing how to identify one before it happens. The signs of gentrification usually include the construction of modern infrastructure, greater employment opportunities and population growth. Combined these increase the desirability of a suburb, which ultimately drives up property prices. There are some common signs to look out for to recognise such locations. The first indicator is if anyone, …

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