Property Market Snapshot August 2020

In relation to the Central Coast, I have a number of IPs there myself – so I am a little biased (just disclosing this upfront).  Since COVID-19 we have seen:
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The Floor Plan Podcasts

Recently I got invited to contribute to a podcast series created by Uno Home Loans – www.unohomeloans.com.au The first 2 episodes talk about the struggles my clients had in trying
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Why now might be a good time to buy property before the next federal election.

What is the ALP proposing? Labor is proposing to scrap negative gearing on any investments in established property that are made after a yet-to-be-determined date. Existing property investments will be
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Where to buy next?

I have come to the view, from handling a significant part of the enquiry we get as Buyer’s Agents, that people do not know “where” to buy next. Putting Sydney
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Inner West Update

An interesting series of events noticed from the front line over the past few weeks. I am noticing (and so are the selling agents), reasonable numbers attending the auctions and
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Low rental yields & negative gearing freaks out investors

Intending investors are, in our experience, concerned with Capital Growth as their number 1 priority (naturally enough). Making capital gains, could be argued, is perhaps the ONLY reason to invest.
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