Market Insights

Sydney property has seen significant improvement after two interest rate cuts, tax cuts, reduced uncertainty around housing, more positive media and easing in the overly tight lending guidelines.

Market analysists predicated in late 2018 that Sydney property would drop by 30% - 40%, early 2019 saw the market flatten from price drops of approximately 10% in 2018.

The property boom of recent years and the continued popularity of renovation shows like The Block, fuel the dream to buy property for renovating, and selling at a profit.

People who procrastinate very often usually have a streak of perfectionism in them. They are waiting for all the stars to align and everything to be in perfect condition before they commence, and we all know that nothing is ever 100% perfect.

With talk the ‘Property Boom’ is over, and concerns that rising interest rates could make property even less affordable, property buyers we are currently talking to daily, are all asking the same types of questions:

Under the new legislation, investors of new properties will continue to take advantage of depreciation claims, while owners of existing dwellings (bought after 9 May ’17) will be subject to new restrictions on these claims.