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85% of Aussies say solar panels boost property prices

85% of Aussies say solar panels boost property prices

The majority of Australians believe solar power-equipped homes are more valuable than those relying on traditional means of electricity.

New research from realestate.com.au and Origin Energy found that 85% of Australians identify solar rooftop panels as something which adds to a property’s value.

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Is it worth using an agent to sell my home

Is it worth using an agent to sell my home?

When selling your home, getting the best result comes down to two things: how much you spend on the sale, and how much you make.

Here at Madeleine Hicks Real Estate, we’re often asked why it’s worthwhile using an agent, so to answer this question we’ve put together a short summary of what goes into selling a home.

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Who is really taking advantage of negative gearing

Who is really taking advantage of negative gearing?

MORE than one million Australians are now embracing negative gearing to the tune of an $8 billion annual tax break.

But according to new research by the Australia Institute think tank, its use has spread from traditional Liberal seats to “battler” suburbs held by Labor, The Australian reports.

The single biggest group of people using negative gearing live in the Labor heartland of Canberra, including 18,200 voters in the electorate held by opposition assistant Treasury spokesman Andrew Leigh.

The heaviest users, however live in government electorates held by Tony Abbott and cabinet ministers including Joe Hockey and Malcolm Turnbull.

The report highlights the political challenge now facing both parties in any attempt to wind back negative gearing and an associated tax break on capital gains.

Who is really taking advantage of negative gearing

“People in Liberal Party seats on average were likely to get the largest benefit from negative gearing,” said Australia Institute senior economist Matt Grudnoff told The Australian.

“Those in Labor seats were second and significantly further back are those in Nationals seats.”

The research was conducted using calculations by the National Centre for Social and Economic Modelling, which matched postcode data from Australian Taxation Office statistics with electorates.

According to the research, more than half of the tax breaks by dollar value go to households in the top 10 per cent of the country when ranked by income.

Grattan Institute chief executive John Daley said: “Most of the benefits in financial terms and most of the cost to the government goes to high-income earners. The idea that you keep negative gearing to look after middle Australia, given where the cost goes, is bizarre.”

Story source: www.theaustralian.com.au

9 ways to have a stress free auction day

9 ways to have a stress free auction day

9 ways to have a stress free auction day. A successful house auction doesn’t necessarily mean that the hammer drops on a bid worth twice as much as the reserve.

Although that would obviously be an excellent outcome, it’s important to remember that a successful auction can mean more than simply selling your property for a good price. If the auction has created unnecessary tension in your life or if you’ve been stressed through out the process, there aren’t too many people that would classify that auction as a success.

House auctions are about more than just the money so here are 9 ways to have a stress free house auction.

1. Do your research

Before you put your house up for auction it’s important that you’re at least a little bit familiar with the industry. Go to other house auctions, ask questions of the agents and most importantly have a few conversations with the bidders. House auctions are something most people will rarely participate in, so it’s difficult to acquire organic experience in this area. This is why it’s so important to get out in the field and learn as much as you can before your own auction. The industry changes every few years so even if you went through an auction ten years ago, it’s still worthwhile to attend upcoming auctions to see what’s happening in the space. 9 ways to have a stress free auction day.

Attend upcoming auctions before your own to get a feel of the space.

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What you should know about super, retirement, and selling a property

What you should know about super, retirement, and selling a property

You might have heard the news stories recently about superannuation pro Jeremy Cooper saying $1 million isn’t enough for a comfortable retirement.

Whether or not his calculations were valid is a debate for another day.

But it got me thinking… how would all this fit in with property, super, retirement, and so on? Click through for the facts!

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How to make more out of your investment property

How to make more out of your investment property

Is your investment property performing as well as it should? Are you charging the right rent?

Do you have problems keeping long-term tenants? Are you spending too much or too little on maintenance?

Running an investment property, whether privately or with the help of a property manager, isn’t easy.

We’ve identified a few of the common mistakes people make that end up costing them valuable rental income each year.

 

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Will installing eco-friendly upgrades help sell my home

Will installing eco-friendly upgrades help sell my home

Renovating or adding features are usually a good way of boosting a home’s appeal to potential buyers – but does installing eco-friendly upgrades make a difference?

Considering the amount of social pressure there is to go green these days, you’d think that everyone would be demanding all the latest and greatest environmental add-ons. But in reality, this isn’t the case. Click through to find out why.

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Am I better off selling

Am I better off selling?

Have you thought about what you might be able to get for your home, or dreamt of the possible opportunities that could open up if you released the funds tied up in it?

If not, perhaps give it a try. Most people only ever put their homes up for sale when something changes in their life (kids, jobs, spouses, etc.) – this means that they don’t want to sell, but they need to sell. Which isn’t ideal.

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Think twice before buying that CBD unit…

Think twice before buying that CBD unit…

Think twice before buying that CBD unit. High-rise CBD apartments used to seem like such a sure-fire investment option. Rents were huge, maintenance was low, and vacancies were rare.

But not anymore. What happened to the Brisbane apartment market? Why are owner-occupiers and investors still choosing homes and units in established suburbs over inner-city apartments?

Let’s find out!

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Happy family with cardboard boxes moving in a new home

When selling your home, it’s not what you know… …but who you know.

A lot of the time, achieving a good sale price on your home comes down to one thing: having access to the biggest possible pool of interested buyers.

It’s simple supply and demand – the more competing bidders there are, the better you’re going to do. Advertising can get you going in the right direction, but in the end nothing beats having great connections.

This week, we’re going to show you why these connections are so important.

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