Concerned about meth in rentals? While meth use is statistically more common than production in rental properties, it rarely requires expensive cleanup. Instead of stripping walls or extensive renovations, targeted cleaning usually addresses any residue. A simple test by a hygienist can locate hot spots—typically limited to areas like light switches or bathroom exhaust fans. Recognising past meth labs is also possible with signs like wall stains or odd odors.

Queensland’s property market surged in the September quarter, leading Australia with 48,361 residential settlements and a 19.7% year-on-year increase in new loans, hitting 36,078. National property settlement values climbed nearly 20% to $178.3 billion, according to PEXA. Brisbane held its spot as Australia’s second priciest capital, while falling inflation (down to 2.8%) eased household costs on essentials like electricity and petrol. Consumer confidence is rising, making Queensland a prime choice for buye

Get the latest insights into Bundaberg’s property market with our September 2024 update! We’re seeing steady growth in house prices across popular suburbs, high demand driving competition, and stable rental yields keeping the market balanced. Whether you're a buyer, seller, or investor, now is the time to act. Discover key trends, coastal suburb growth, and where the best rental returns can be found. Dive into the data to see how Bundaberg continues to offer solid opportunities!

Deciding how to own property—whether in your personal name, a trust, or a company—can have major financial and tax implications. This article explores the pros and cons of each option, from tax benefits on primary residences to asset protection through trusts and companies. We break down how each structure impacts capital gains, negative gearing, and liabilities, helping you make an informed decision for your property investment strategy. Discover which option suits your financial goals!

Looking to finance your real estate dreams but unsure where to start? Our latest blog breaks down the advantages of using a Mortgage Broker over heading straight to a bank. Discover how a broker can match you with the right lender, help you secure competitive interest rates, protect your credit score, and even tidy up your finances to boost borrowing power. Plus, learn why pre-approval isn't what it used to be! Check out our insights and get expert advice from Jason Bill of My Castle Lending.

Will Labor Risk Losing Power Over Negative Gearing? The Greens are pressuring the Labor Government to revisit negative gearing and capital gains tax reforms, key elements impacting housing affordability. While Labor has resisted, cracks are forming. Economists argue these reforms are crucial, but the question remains: Can Labor afford to touch these policies without alienating the 67% of Australians who are homeowners? Explore the potential winners and losers of this political tug-of-war.

Discover Bundaberg's real estate trends in 2024! Explore top suburbs for house, unit, and rental growth, plus investment insights for property owners and investors.

Australia’s major banks have quietly reduced interest rates on term deposits, despite the Reserve Bank not expected to cut rates for another three to six months. While framed as a move to protect profitability, these cuts benefit the banks' bottom lines. Meanwhile, mortgage rates remain unchanged until a Reserve Bank cash rate adjustment, likely next year. The rate cuts impact savers, especially retirees, with far less focus on how it affects them compared to mortgage holders.

Queensland's property market continues to surge, with the latest REIQ data showing strong growth across the state. Median house prices have risen 12.14% annually to $773,000, while units saw a 14.14% jump to $609,000. Regional areas like Rockhampton and Townsville led the way in growth, with homes selling faster than ever. However, rising prices and the deposit gap are making it harder for first-home buyers, prompting the REIQ to call for government action to support them.

Starting 1 September 2024, new minimum housing standards will apply to all Queensland rentals, ensuring properties meet clear safety, security, and functionality requirements. REIQ CEO Antonia Mercorella praised the standards as a win for tenants and landlords, preventing disputes over repairs and improving rental quality. Property owners are urged to ensure compliance, with harsher penalties for those who don't meet the guidelines. For more information, contact the RTA or REIQ's Property Management Support

Worried about where the Australian real estate market is heading? History shows that even in uncertain times, the market remains resilient. This blog dives into why long-term investment in property is the key to wealth creation, regardless of short-term market fluctuations. Learn why finding the right property and buying within your means is more important than trying to time the market. Ready to take the leap into property ownership? Discover why now is always the best time to invest!

Australian home buyers could end up paying nearly three times their original loan amount due to rising interest rates and fees, according to a new analysis by MNY. The study found that variable rates differed by up to 2.95% between lenders, with monthly repayments on a $600,000 loan varying by as much as $1,148. With the highest recorded interest rate at 8.94%, total repayments could reach $1.7 million over 30 years.