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Common investor mistakes witnessed by Badenoch Real Estate
30 June 2016 comments

Common investor mistakes witnessed by Badenoch Real Estate


Investors commonly forget to use an offset account when purchasing a home to reside in that they will eventually move out of and then keep as an investment. The offset account allows you to access the funds for another purchase if required.   Numerous investors do not have depreciation schedules or do not update their old depreciation schedules missing out on $1000’s of [...]


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Andrew Barr offers home owners rates breather in election year
30 June 2016 comments Kristen Lawson

Andrew Barr offers home owners rates breather in election year


Chief Minister Andrew Barr has delivered an election-year rates breather to home owners in Tuesday's budget, but there is a sting in the tail for owners of units. Rates will rise an average 4.5 per cent from July, a significant let-up on the 9 and 10 per cent rises of recent years. Rates rises resume an annual 7 per cent increase each year from 2017-18. But owners of units [...]


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Household rates rise slowly, unit owners will cop catch-up costs
30 June 2016 comments Markus Mannheim

Household rates rise slowly, unit owners will cop catch-up costs


Household rates will continue to rise in the election year but far more gradually than in previous years. But the reprieve will be temporary: increases will be higher in following years, especially for unit owners. Canberra property owners will receive a bill in August that is, on average, 4.5 per cent higher than last year's bill – a dramatically smaller increase than the average 9 [...]


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Badenoch Profile
30 June 2016 comments

Badenoch Profile


Meet Alex Stinziani! She works alongside Tanya Dias as a Property Manager here at Badenoch Real Estate. As of the 1st July Alex will have been with the company for 2 years. Below are a few questions we asked Alex to find out a little more about her. Hometown: Brisbane What do you love most about Canberra? You can be in the middle of town and 10 minutes later you can be in the middle of the [...]


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What’s the Difference between ‘Stand Alone’ and ‘Cross Collateralised’ Loans?
30 June 2016 comments MO'R Mortgage Options

What’s the Difference between ‘Stand Alone’ and ‘Cross Collateralised’ Loans?


Cross collateralisation is a strategy used by lenders to tie up more of your security than they actually need – for their own benefit. Here we compare stand alone loans vs cross collateralisation to help you decide which is most suitable for you. A stand alone loan structure is when one loan is secured by one property. Cross collateralisation is when one loan is secured by multiple [...]


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Maximise property depreciation this tax return
30 June 2016 comments BMT Tax Depreciation

Maximise property depreciation this tax return


The Australian Taxation Office (ATO) allows property owners to claim depreciation on the structure of any income producing property as well as the fixtures and fittings within the property. Depreciation related to a building’s structure can be claimed using capital works deduction. Claiming property depreciation deductions can put thousands of dollars back in an investor’s pocket in just [...]


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Only In Japan!
30 June 2016 comments

Only In Japan!


In last month’s newsletter we shared with you, to celebrate Natalie’s 10 Year anniversary we were sending her to Japan! Well, she has now returned and has wowed us with tales of her wild, wacky and sometimes crazy experiences. Whether it’s the eccentric youth fashion on the back streets of Tokyo, a Ninja Restaurant where your food is delivered by real-life Ninja’s, a spiritual [...]


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Ellen's Back!
30 June 2016 comments

Ellen's Back!


We are very happy to announce that Ellen will be coming back from maternity leave! For those who do not know Ellen has been a property manager with us since 2012 before she went on maternity leave to have her beautiful little boy Luke. We are now very excited to have her back.  Ellen will be returning 3 days per week in a part time role rather than back to her previous position.  She [...]


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Market Wrap - May 2016
30 June 2016 comments

Market Wrap - May 2016


SALES This market update contains some quick statistics showing the performance of the residential market in the ACT during May (source- allhomes.com.au) . QUICKEST SELLING SUBURBS Houses Oxley, 6.9 days Hawker, 14.2 days Kaleen, 16.8 days Higgins, 21.3 days Forrest, 23 days Townhouses/Apartments Holder, 7.2 days Greenway, 12.7 days Downer, 19.2 days Campbell [...]


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Canberra Market Update
31 May 2016 comments Symon Badenoch

Canberra Market Update


SALES   The Canberra Sales Market has witnessed a large increase in sales volume compared to this time last year with an increase in both houses (13%) and townhouses/apartments (21%).  Buyers seem confident with the current economic conditions and record low interest rates. However, if we break down the median sale prices can see a 3 tiered market with houses showing strong growth [...]


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