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Latest property news
Cooper Newman Real Estate offers regular and ongoing commentary on all things property related, including matters that are likely to affect prices, current market influences, legislation and market expectations.
Expect a lot of speculation on one further rate rise in February and even possibly the following review. The RBA will certainly be keen to keep speculation active, as they want consumers to remain cautious with their spending. But it is now quite unlikely that there...
Despite a crackdown announced in September 2022, underquoting is still widespread in Melbourne. This is despite Consumer Affairs (CAV) having issued fines of over $1 million over the 15 months since they activated a taskforce to target offenders. At $11,000 per...
Do you realise that significant tax deductions are available on older properties, not just new ones? A recent publication shows that even for homes built pre-1987, the average claimable deduction is over $5,000 in the first year. There is a popular misconception that...
It was with disappointment that we observed the announcements in this week’s budget that are targeted at “multiple” property owners in Victoria. Whilst we view this super-tax on investors as unreasonable and excessive, the Government has gotten itself in significant...