MOST PEOPLE ARE AWARE THAT THE COST OF INTEREST ON A LOAN CAN BE MORE THAN THE COST OF WHAT YOU PURCHASED, DEPENDING UPON THE INTEREST RATE AND THE DURATION OF THE LOAN. IN PROPERTY DEVELOPMENT, THESE “HOLDING COSTS” CAN BE CRIPPLING IF THE PROCESS TAKES LONGER THAN ANTICIPATED. In the Phase Two of the […]
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THIS WEEK MARKED THE INTRODUCTION ON NEW STAMP DUTY EXEMPTION THRESHOLDS FOR FIRST HOME BUYERS. FROM THE 1ST JULY ONLY PROPERTIES PRICED UNDER $430,000 WILL RECEIVE THE FULL STAMP DUTY EXEMPTION, WITH CONCESSIONS PHASING OUT AT $530,000. NO CHANGES WERE MADE FOR FIRST HOME BUYERS OF NEW HOUSE AND LAND PACKAGES, WITH EXEMPTIONS FOR LAND […]
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The West Australian The answer to the ever elusive goal of converting the great Australian dream of owning a home into an affordable reality may be hiding in plain sight. In tracking his personal housing journey, Urbis director Michael Webb put a spotlight on two cities, Perth and Brisbane, comparing the suburbs of Innaloo and […]
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