Articles, news and property research property investment advice

Wednesday, July 24 2024

Tax debts to appear on Credit Files

The ATO has signaled its intention to report over 50,000 businesses to credit reporting agencies for outstanding tax debts.

This means if you have an outstanding debt it may appear on your credit file which could severely impact you or your business’s ability to obtain finance.

Most lenders will refuse credit if there are any outstanding tax liabilities and will require them to be repaid before any finance is offered.

The answer of course is to get on the front foot before it becomes a problem.

If you have equity available in your home or other property, then there are a number of finance options available depending on your situation.

If you have a tax debt and are looking for solutions then Book in with me for an initial chat to find out how how you can get this solved in the next 30 days. Click here to go straight to my calendar to make a time.

I look forward to being of help.

Greg Carroll
MORE THAN ACCOUNTANTS

Posted by: Greg Carroll AT 12:49 pm | Permalink | Email

Multi-income property in bayside location

Wednesday, July 17 2024

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Dual Income property in bayside location

A multi-income property that offers investment performance in a lifestyle location.

400m to water front
600m to Shopping Center 600m
900m to local school
9km to major employment hub
Vacancy rate is only 0.7%
Annual Rental growth 11.8%
17% price growth last 12 months

Click here for the Report.

If you want to progress on this property?
Reply to this email with a copy of your finance pre-approval.

Looking to buy multi-income property that fits your budget?
Check out our Property Search service where I actively hunt for property within your budget and provide you with the research and the numbers so you can make an informed decision before you buy.
Click here to find out more.

Posted by: Greg Carroll AT 01:16 pm | Permalink | Email

Brisbane up 1.2% for June

Tuesday, July 16 2024

Posted by: Greg Carroll AT 06:50 am | Permalink | Email

One-bed unit, no car park the price? Almost $1m

Monday, July 08 2024

Posted by: Greg Carroll AT 09:10 am | Permalink | Email

Morayfield Dual income $789,900

Thursday, July 04 2024

Morayfield Dual Income $789,990.
Yield up to 6.77%

House and land package
Registered Land ready to build

This will go quick

Click here for the Report.

If you want to progress on this property?
Reply urgently to this email with a copy of your finance pre-approval and let's get started.

Want to get access access multi-income property like this before it hits the market?
Check out our Property Search service where I actively hunt for property within your budget and provide you with the research and the numbers so you can make an informed decision before you buy.
Click here to find out more.

Posted by: Greg Carroll AT 11:26 am | Permalink | Email

2 Story Dual Income

Wednesday, July 03 2024

2 Story Dual under $800k

This location is ideal for families, with 8 schools within a 3km radius including a new high school opening in 2025. Two shopping centres within a 2km radius. And 5 medical centres within a 2km radius.

Land is registered
Identified as a rising market in the latest HTW Property Clock
Current vacancy rate 0.2%
450m2 block
Potential yield of 6.45%

Click here for the Report.

If you want to progress on this property?
Just reply to this email with a copy of your finance pre-approval and let's get started.

Want to know how to access multi-income property before it hits the market?
Check out our Property Search service where I actively hunt for property within your budget and provide you with the research and the numbers so you can make an informed decision before you buy.
Click here to find out more.

Posted by: Greg Carroll AT 12:38 pm | Permalink | Email

June 2024 Property Clock

Wednesday, July 03 2024

Posted by: Greg Carroll AT 12:34 pm | Permalink | Email

Good news for casuals and those on commission

Tuesday, July 02 2024

One of lenders has updated their policy with some changes that benefit those on casual or commission income.

Casually employed workers can use 100% of their casual income with no further shading. A minimum of 6 months of employment in the current role is needed, and we’ll annualise your income based on 52 weeks instead of 48.

Only 6 months of history are needed to accept commission income, and we will annualise out the YTD income and shade to 80%.

Looking for ways to improve your borrowing cacpacity? Book in a telephone appointment with me and I will show you how. Click here to go my calendar to make a time.

Posted by: Greg Carroll AT 07:52 am | Permalink | Email

House prices continue to rise

Monday, July 01 2024

The monthly house price results from CoreLogic show national house prices rose another 0.7% in June, taking the annual growth to 8%.

Perth (+2%), Adelaide (+1.7%) and Brisbane (+1.2%) had the strongest growth over the month, with Perth now up more than 23% over the year.

Melbourne (-0.2%) was the only capital city to see house price soften.

A table showing Austrlain house price growth — Austrlain house price growth(CoreLogic, AMP)

Posted by: Greg Carroll AT 10:42 am | Permalink | Email

Regional markets remain strong

Sunday, June 30 2024

Regional house prices are expected to hit record highs in almost all parts of Australia in the next 12 months, according to analysis by Domain.

Its FY2025 Price Forecast Report predicts Queensland’s Gold and Sunshine Coasts will achieve the strongest growth and will become the most expensive regional housing markets in Australia.

It predicts the Gold Coast will grow by between 3% and 6% and the Sunshine Coast will grow by between 2% and 5%.

Regional Queensland is predicted to grow by between 2% and 4% and Regional NSW by up to 3%. Regional Victoria is predicted to drop by between 0% and 3%.

Domain Chief of Research and Economics Dr Nicola Powell, says regional house prices in NSW and Queensland would improve the most in large regional towns, such as Tamworth, and satellite towns of the major cities, such as Wollongong and Newcastle.

She says ongoing undersupply will continue to drive the markets. Powell says taxation changes in Victoria impacted that market and investors are looking elsewhere because the capital growth isn’t there.

Posted by: Greg Carroll AT 03:21 pm | Permalink | Email