Simply put, depreciation is the act of a fixed asset losing value over time. It occurs in all acquired entities. The nature of this ongoing prospect in terms of an investment property precludes depreciation solely for end-of-financial year prioritising. Rather, a concerted financial planning approach and effort ensures that your investment and deprecation remain a…
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The sold sticker has been freshly plastered on the board outside and the celebratory bottle of champagne is empty. It is only natural to feel the stress relief — but enjoy that breather because the process is only just beginning. Many people dread the thought of moving house, but it can be a cathartic and…
Winter is upon us and for homeowners and renters, that often means one thing: staying warm. With the nightly and early-morning temperatures set to plummet, particularly in southern Australia and New Zealand, The Real Estate Voice offers several energy-saving, eye-catching and heart-warming ways to stay snug and cosy this winter. On the surface Feature fireplaces…
Record-low interest rates and surging property prices in Australia and New Zealand have fuelled buyers’ fear of missing out, otherwise known as FOMO, since the pandemic was declared in March 2020. But with the cost of renting closing in on that of standard mortgage repayments and demand for housing stock continuing to outstrip supply, TINA…
The end of a financial year prompts swift action for tax-related matters. This includes relevant information for property owners, renters and potential buyers in their bid to streamline real estate and financial processes. With this in mind, our explanatory guide about tax terms and real estate phrases are designed to clarify, refresh knowledge, simplify selling-and-purchase…
With record construction figures and government stimulus propelling the growth of new-build industries, there’s increasing interest in building on property dreams from the ground up. Regional appeal, design customisation and cementing lifestyle aspirations are the major attractions. But it’s paramount to be aware of the pros and cons of buying land and what to expect…
Affordability and remote accessibility are two main motivators for the exponential growth in regional real estate. COVID-19 played a key role in the initial push towards urban fringe or regional lifestyles. This was enhanced by remote work opportunities that were emphasised by pandemic-led realities. Yet even prior to the pandemic, it’s a common misnomer to…
Owning or buying a period home is a pleasure and privilege, but not without its maintenance challenges. Reflecting current and recent trends, the National Trust is noticing an uptake in the restoration of period residences from the 1940s to 1960s. As a general guide, there are several aspects to consider when caring for, or renovating,…
It’s that time of year again when many property managers email their landlords about the rental deductions available as tax time rolls around. COVID-19 may have transformed the market, but little has changed in terms of how the Australian Taxation Office treats investors’ deductions. In New Zealand, there are no capital gains or land taxes,…
If you have purchased an investment property and intend to become a landlord for the first time, you should conduct research and know your obligations, responsibilities and rights. Landlords are generally derided for their money-making, unresponsive reputation. But a thorough knowledge of the highlights and potential low points of property leasing is the basis for…