property investor

When looking at property that you intend to rent out, Australian property investors really should take a long hard look at the chattels and gadgets included in the property – some of them are just too much trouble to be bothered with. Here’s some of my least favourite household chattels:

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As a small property investor, I always keep an eye on what is going on in the news, particularly what is being reported as “news” by the so-called professional news suppliers. It is becoming increasingly obvious that the newspapers are attempting to “talk the market up,” in an effort to re-inflate the property bubble that allowed their advertisers to keep paying their bills. But – reading between the lines and comparing the actual news stories with the spin tells a very different story.

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One thing about the global downturn that could be considered positive is the amount of scams and cons coming to light, and the small property investor has certainly been prey to many. In a booming economy, many of these were written off and the injured parties pleas for assistance were ignored.

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Western Australia’s first home buyers now get the best deal on stamp duty compared to the rest of Australia.


Western Australians first home buyers don’t pay any sales tax on properties valued up to $500,000. Based on an average sale price first home buyers are eligible for grants of a net total $15,740 or 5.4% of the average house price in the state.

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Small property investors will be facing an enormous dilemma in the coming years. Who to trust for advice. Very few of the institutions saw the housing bubble coming, and the few that did, mentioned “a small correction, perhaps single digits.”

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It looks like WA property owners are also facing huge increases in land tax bills. At least in NSW the announced the changes to land tax, WA landowners are being caught by stealth!

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Between now and 2015, Dubai will witness nearly 15 square miles added to its urban area from a single development. Dubai World Central

In an effort to attract investors from Asia to the region, property investors will get a preview of all major Dubai real estate offerings with the largest of them – DWC is a 55 square mile US$ 33 billion urban land project – and is currently being offered at the Asian International Investment & Property Show (AIPS) taking place from 25-27 June in Seoul, South Korea.

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