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Buying property “off the plan” means committing to buying property in a new development before construction is completed- often before it has even begun. It is a popular move, especially among foreign investors, when the property market is hot and prices are rapidly rising.

An “off the plan” purchase can be a savvy choice to lock in a favourable price, claim depreciation and stamp duty exemptions. In NSW, for example, when buying a newly built property for less than $650,000, a $5,000 grant can be applied for, and a $15,000 grant for first home buyers. Buyers may also be exempt from stamp duty for homes valued at less than $550,000 (or land valued at less than $350,000), or a concession on stamp study for properties valued between $550,000 and $650,000. › Read full article

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It seems that the inner-west may well be Melbourne’s next untapped real estate
gold mine.

Recent house price growth in inner-western suburbs suggests home buyers are finally catching onto Melbourne real estate’s best kept secret. › Read full article

Category: Real Estate, Selling, Victoria | Comments Off
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The realestateVIEW.com.au Expert View blog provides expert views and insights on real estate and  the property market. The blog is authored by a series of experts who work in the property industry and are passionate about educating home buyers and … › Read full article

Category: guest blog
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Baby Boomer Housing & Lifestyle Infographic

Within the real estate industry, Baby boomers are often touted as one of Australia’s most prosperous generations – living longer than previous generations, retiring later, and commonly labelled as the beneficiaries of Australia’s growing property market. But our findings from the Baby … › Read full article

Category: Investment, National, Real Estate, Renting, Selling
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