Monthly Archives: May 2017

FHBs needing up to $59,033, including $25,733 in stamp duty, albeit with big differences across states

First home buyers on Australia’s eastern seaboard face huge barriers to entering the property market, a report by CoreLogic has revealed. House buyers in Sydney require $59,033 to provide a 5% deposit and cover stamp duty, whilst unit buyers required … Continue reading

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Buying property in Brisbane

With its vibrant culture and affordable property market, Brisbane is fast becoming the city of choice with homebuyers. Whether you’re looking to invest or thinking of relocating to the sunshine state, there’s much you need to know about buying property … Continue reading

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What could sink the property market and drown investors

A growing number of middle-of-the-road, mainstream economists and policymakers now acknowledge that Australia has a housing bubble. ASIC’s Greg Medcraft got in early, and repeated his warning this year, but Treasury secretary John Fraser and former Liberal leader John Hewson … Continue reading

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True costs, including the biggest hurdle – a deposit, as well as the impost of stamp duty for first home buyers trying to buy a home for owner occupation

We took a look at the true costs, including the biggest hurdle-a deposit, as well as the impost of stamp duty for first home buyers trying to buy a home for owner occupation. Melbourne, Brisbane, Perth and Hobart cheapest places … Continue reading

Posted in auction sale private treaty sale, Australia, Banking, Brisbane, china, ECONOMIC OUTLOOK, ECONOMY FINANCE BUSINESS LJGREALESTATE RENTALS PROPERTY SALES PROPERTY INVESTOR PROPERTY MANAGEMENT, family, finance, Foreign Investment, GDP, LJ Gilland Real Estate Pty Ltd, ljgrealestate, maintenance & roofing, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance, Negative Gearing, property investor, propertymanagement, Queensland, Real Estate, rentals, rentals sales, sales | Comments Off on True costs, including the biggest hurdle – a deposit, as well as the impost of stamp duty for first home buyers trying to buy a home for owner occupation

#Unit 5/30 #Tamar Street, #Annerley, QLD

#Unit 5/30 #Tamar Street, #Annerley, QLD 4103 2 2 2 #VENDOR #REVIEW #Overall #Satisfaction #FIVE #STARS #Very #helpful #Recommended by GabrielleBobWilliams 23 May 2017 Carlos and Linda were very helpful with #management and final #sale of our #property. They always … Continue reading

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14 Fourth Avenue, MOUNT ISA QLD 4825 – L

14 Fourth Avenue, MOUNT ISA QLD 4825 – LJ Gilland Real Estate http://ow.ly/6ZY230bVizl

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According to this report, Prices were being driven higher by a temporary influx of residents on high incomes creating greater housing demand at a time in which supply which was largely irresponsive which drove prices to record high levels. As the demand subsided supply was beginning to increase which led to substantial falls in both prices and sales.

As resource investment has stalled over recent years, demand for housing in towns linked to the mining and resources sector has fallen which has dragged house prices lower.  More recently many of these towns have seen sales volumes begin to … Continue reading

Posted in Australia, Brisbane, ECONOMY FINANCE BUSINESS LJGREALESTATE RENTALS PROPERTY SALES PROPERTY INVESTOR PROPERTY MANAGEMENT, LJ Gilland Real Estate Pty Ltd, ljgrealestate, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance, MT ISA, Negative Gearing, property investor, propertymanagement, Queensland, Real Estate, rentals, rentals sales | Tagged , , , , , , | Comments Off on According to this report, Prices were being driven higher by a temporary influx of residents on high incomes creating greater housing demand at a time in which supply which was largely irresponsive which drove prices to record high levels. As the demand subsided supply was beginning to increase which led to substantial falls in both prices and sales.

While some potential home buyers might be praying for a sudden crash in prices to improve affordability, Saul Eslake says that wouldn’t be desirable. “You wouldn’t want to solve Australia’s housing affordability problem the way the Americans did,” he says. “The best way to solve it would probably be to have an extended period where house prices were flat and incomes grew rapidly. It would be a good thing if we had a gradual deflation of house prices.”

Former Commonwealth Bank chief David Murray has warned of a house price collapse – it has happened before, and back in the 1890s it even led to bank failures. How likely is that in 2017? It was an ominous warning … Continue reading

Posted in LJ Gilland Real Estate Pty Ltd | Comments Off on While some potential home buyers might be praying for a sudden crash in prices to improve affordability, Saul Eslake says that wouldn’t be desirable. “You wouldn’t want to solve Australia’s housing affordability problem the way the Americans did,” he says. “The best way to solve it would probably be to have an extended period where house prices were flat and incomes grew rapidly. It would be a good thing if we had a gradual deflation of house prices.”

The property market is currently in a st

The property market is currently in a state of limbo, particularly those involved in the selling of new property http://ow.ly/99Cd30bR8wK

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Concern for investors in a new property

Concern for investors in a new property as it is likely that any secondary buyer will demand a discount on a resale to take into account that lack of deductible depreciation, which is significantly large on new dwellings. http://ow.ly/wU9z30bR8MQ

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