Owning or planning to invest in a rental property? It's essential to understand how rental income is taxed and what deductions you can claim. Property remains a popular investment path in Australia, with over 2.2 million people owning investment properties, according to the ATO. Australia's Rental Market Snapshot In recent years, tight rental supply, rising immigration, and slowing new...
Market News
A major shift is underway in Australia’s property market after the Reserve Bank of Australia (RBA) announced its second interest rate cut of the year, trimming the official cash rate by 0.25%. This latest cut brings the cash rate down to 3.85%, the lowest level since early 2023. Coming just weeks after the 2025 federal election, the move is expected to stimulate borrowing, lift buyer confidence,...
First-home buyers in Queensland now have an exciting opportunity to enter the property market with reduced upfront costs, thanks to the state’s newly implemented full stamp duty concession for new homes. Understanding the New Stamp Duty Concession As of May 1, 2025, Queensland’s stamp duty concession for first-home buyers has officially come into effect. This change follows an...
In a significant move to reduce up-front housing costs, the Queensland government has passed new laws eliminating stamp duty for certain first home buyers purchasing new builds. The Revenue Legislation Amendment Bill, a key commitment of the government’s plan for a "fresh start for Queensland," aims to provide substantial cost-of-living relief. Officials estimate that approximately 3,000 first home...
Australia government has pledged to ban foreign investors from purchasing existing homes in Australia for at least two years, aiming to reduce competition for prospective home buyers. However, the policy—first proposed by the Coalition last year—will affect less than 0.4% of the housing market, raising doubts about its overall impact. Key Details : Effective from: April 1, 2025, to...
Major Banks to Pass on Full Rate Cut 3:05 PM – Within 30 minutes of the RBA’s announcement, all four major banks have confirmed they will pass the full rate cut on to customers. NAB, Commonwealth, and ANZ will reduce their variable home loan rates by 0.25%, effective 28 February. Westpac will implement the same cut from 4 March. Treasurer Jim Chalmers: "Very Welcome...
澳洲政府收緊外國人購買現房及囤地政策 1） 禁止外國人購買澳洲現房 ✅ 禁令生效日期：2025年4月1日 至 2027年3月31日（為期兩年，之後可能延長） ✅ 適用對象：所有外國投資者，包括**海外留學生（臨時居民）**及外資企業 ✅ 政策變更：...
Buyer confidence is strengthening nationwide as anticipation builds for at least one interest rate cut in the first half of 2025. The latest Mortgage Choice Home Loan Report, released this week, indicates that the current interest-rate environment is boosting buyer confidence. Mortgage Choice Chief Executive Anthony Waldron stated that this renewed optimism is expected to drive increased...
A new residential estate has had to fast-track its land release due to overwhelming demand from buyers eager to secure a spot in this sought-after location. Balancing nature access with city proximity at an affordable price is rare, but the estate’s first release in November 2024 exceeded expectations. Developer SKF sold all 20 homesites in just three days, prompting an early second release of 28...
Demand for certain Brisbane suburbs is surging, with properties selling over three weeks faster in some areas compared to December 2023. According to PropTrack’s latest data, the national median days on market for December 2024 was 32 days for houses and 31 days for units—longer than the 28 and 27 days recorded the previous year. In Brisbane, selling times for both houses and units increased by...