The 2018-19 Queensland budget was handed down on Tuesday afternoon, where it was revealed the grant would be reduced from July 1. The government confirmed the $15,000 grant to purchase new houses, units or townhouses valued at less than $750,000 would be ongoing. Master Builders deputy CEO Paul Bidwell said the $5000 loss would be felt deeply by many prospective young buyers
The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. Here’s how you can help. Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement, administered by an independent third party. At
After years in the doldrums, Queensland's economic tide has finally turned as more people flee high interstate property prices, the latest Deloitte Access Economics Quarterly Outlook has concluded. The report noted that in the past year Queensland had overtaken Victoria as the state receiving the highest number of interstate migrants. "The rate of population growth
Congratulations! You’ve made the big step of purchasing an investment property and can officially call yourself a property investor. So now what? Buying an investment property often takes a lot of work and preparation, and it’s easy to see the purchase as the big end goal. But in reality, this is where it all starts.
Investors who were shut out of the housing market by a crackdown on interest-only loans could soon be back in force, with half the Big Four banks dropping rates and reopening the floodgates. In the first big sign of a reprieve for investors, both the Commonwealth Bank and Westpac Banking Corporation have reversed moves made
The laws protecting both tenants and landlords are considered to be neutral. That is, they are designed not to favour either party but to protect both. While there will be some variation in these laws from state to state, the overarching obligations for landlords are essentially the same. Bond All landlords can take a bond
Brisbane is well placed to take over as the best performing capital city housing market over the next five years. Dwelling values across Australia’s third largest capital city have risen at the annual rate of 1.2% of the past decade; that’s half the pace of inflation and dramatically lower than Sydney or Melbourne where annual
Brisbane affordability to drive interstate migration Thinking of dipping your toes into Brisbane’s real estate market? What is not to like, with a subtropical climate, laid back lifestyle and relatively affordable property. Brisbane’s relative affordability to the New South Wales and Victorian real estate market could well help stimulate the local market to recover in
Property markets are tipped to remain buoyant in 2018 according to the Real Estate Buyers Agents Association of Australia. It said markets in Brisbane and Hobart would do well as a result of keen interest from interstate buyers priced out of Sydney and Melbourne markets. REBAA Queensland representative Zoran Solano tipped the top end of
We are excited for a huge 2018. It's only been a few weeks back from holidays and we are already very excited for what is to come in 2018. We have many projects underway, with further settlements at Boondall Chase in the next few weeks, completion at Bunya Heights mid year, and FOUR brand new
