First Home Buyer Incentives

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It has been reported (Mortgage Professional Australia) that first home buyers currently make up only 12.5% of the owner-occupier market, down 1.1% on the previous quarter. Further data shows that there are fewer first home buyers now than there have been since the Australian Bureau of Statistics started to collect data. The prospect then for […]

Singleton Property Recovery

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Early statistics provided by RP data indicate that Singleton may be starting to recover from the slump in property as a result of restructuring in the mining industry in the Hunter Valley. The median price for house sales appears to be lifting, with properties once again starting to sell, although they are down from their […]

Depreciation advice could mean thousands

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Investors who own real property containing fixtures and fittings (fittings are removable items such as light shades, whereas fixtures are things which are attached to the building, the removal of which may cause damage, such as air-conditioning units and the like) are able to depreciate those fixtures and fittings over the life of the item. […]

The new Hunter Expressway opening the doors for Upper Hunter Property

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The new Hunter Expressway will open on 22 March 2014. The Western end of the Expressway is on the Singleton side of Branxton. It is estimated that it will reduce the travel time between Singleton and at Newcastle by approximately 30 min. It is likely to reduce the travel time between Singleton and Sydney by […]

National Rental Affordability Scheme

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The National Rental Affordability Scheme is a scheme created by the Council of Australian Governments (COAG) as part of a strategy to address housing affordability within Australia. A number of key elements of suitable developments included the relief of rental stress. That is, there was an area that had an undersupply affordable housing. That was […]

Old System Land

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All land in New South Wales transferred by the Crown on or after 1 January 1863 when the transfer involved the fee simple was transferred under the Torrens system of registration, that is, the land was under the Real Property Act. Land transferred, or ‘conveyed’ before that date was what is referred to as ‘Old […]

Land Law in NSW

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Land law in New South Wales was inherited from England in 1828. In England after 1290, all land (with a few exceptions) owned were held direct from the Crown. Accordingly, when English law was incorporated into New South Wales, all land was originally held by the Crown. Out of the English law came the term […]

10 Ways to Green Your Home

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A few short years ago the idea of”green” or environmentally sustainable building practices was foreign to the majority of people. These days the population is more aware than ever about the importance of sustainable building practices and while more than 90% of homes in Australia are now recycling, there are other simple measures we can […]

Pain & Gain: Sydney council regions

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If you own property in Sydney and are looking at selling, or buying, the following information provided recently by RPData may help with your decision making process.