The effects of COVID-19 on the property market may take some time to be realised. Like everything else that’s affected, which is largely all parts of society, it can feel overwhelming to think about all the possible outcomes. This is why it’s particularly important in the current environment to focus on what you can do…
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Leopold Street South Yarra In 1885 nine and a half acres of land between Fawkner Park and The Royal Botanic Gardens was subdivided in order to finance a mansion at the southern end of the street overlooking Fawkner Park. The owner of the land was the Emerald Hill real estate agent William P Buckhurst who…
When faced with uncertainty, especially in an environment such as that created by Covid-19, it’s understandable for investors to worry about their returns. So, whether you are a serious property investor or you’ve just purchased your first investment property in the last few weeks, there are a couple of things to consider as you optimise…
Property investment has come a long way from the days when a landlord managed his own property, door knocked for cash rent and did his own repairs. The key to successful property investment is to treat it as a business. This means emotionally detaching yourself from the property. This may mean ensuring you do not…
With the end of financial year just around the corner, now is the time to revisit the tax advantages of owning an investment property. This includes arranging to have a tax depreciation schedule completed on your investment property. Why is it important to have a tax depreciation schedule completed? The preparation of a tax depreciation…
The original land was purchased by Peter Davis in 1849. He was a prominent land speculator and later Mayor of Melbourne. He sold off blocks of land between 1850 and 1852 and a number of poorly built cottages appeared. There were paddocks between Myrtle Street and Davis Avenue with some shops on the Toorak Road frontage.…
In Australia, over 65 per cent of buyers purchase their property in their own name. But other ownership structures may be suitable for you, depending on your intentions with the property investments and how it fits into your wider portfolio. Below, we outline a few different property ownership structures and when each structure may be…
Neighbourhood disputes are hard enough to deal with at the best of times but when your property is tenanted it makes it a little more difficult as the information is often second or third hand. Tree disputes can vary from minor issues such as a tree/branch overhanging your garden and needing pruning to large branches…
Punt Road South Yarra Punt Road is one of Melbourne’s most clogged arterials linking the north to the south and has long been the subject of strong debate with opinions divided, should the road be widened, should there be permanent clearways, should it stay as it is? The current overlay in place between Alexandra Parade…
There are two main objectives for property investors – cash flow and capital gain. While it’s quite realistic to set out to achieve both of these goals, the two should at least be considered separately and prioritised before making your move. Capital Gain There are two different types of capital growth; capital gain is the…