Buying and selling a home can be confusing for most of us. Here is some basics to help make the process as clear as possible.   Save for a Deposit The deposit is the initial cost you will need to pay when buying a home. The first step is to get your finances sorted and do a budget to identify how much you can afford to save for your deposit and work out what you

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There are two common ways to transfer property to a family member – either selling or gifting. When the owner changes (either way), the title needs to be updated. Selling the property You can transfer title property by selling it to a family member. Parents often do this for children this way and may adjust the price to give them a better deal than buying a property at market rates. You will be liable for

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Why Consider Property Investment with Your SMSF? Diversifying your SMSF investments beyond traditional assets like stocks and bonds can be a wise decision. Property investment offers several advantages, such as potential rental income and capital appreciation. Here's a brief overview of the benefits: Tax Efficiency: Rental income and capital gains from property held within an SMSF can be taxed lower, potentially boosting your returns. Portfolio Diversification: Adding a property to your SMSF can help spread

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In the complex world of estate management and probate, you might have encountered the term "Letters of Administration." Although it may sound daunting, this legal phrase plays a crucial role when someone passes away without a valid will or when the appointed executor is unable or unwilling to fulfil their responsibilities. So, what exactly is a Letter of Administration, and why does it matter? This article aims to demystify this concept and shed light on

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Take greater control of your retirement savings through a self-managed super fund (SMSF). An SMSF empowers you to oversee how your super is invested. This approach has gained popularity as a retirement savings method. Before transitioning to an SMSF, it's crucial to understand the administrative and compliance requirements associated with it. The information below provides insights into managing your SMSF effectively. What is an SMSF? An SMSF is a trust that manages funds or assets

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The national Home Value Index (HVI) assembled by CoreLogic has recorded a third consecutive monthly rise. The index captured continued growth in May of 1.2%, helped by low levels of available housing supply as owners continued to hold properties. By comparison, home values for March and April grew 0.6% and 0.5%, respectively. Notwithstanding the high uptick in price recovery, most housing markets across the country were still recording values well below their recent peaks. The

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Electronic conveyancing (or eConveyancing) is mandatory in Queensland from 20 February 2023. This means that certain instruments and other documents for property transactions will need to be digitally prepared, signed, settled and lodged using an Electronic Lodgement Network (ELN), by a subscriber, unless exempted. This includes transfers, mortgages, caveats (new, withdrawal), priority notices, and transmission by death. Under the Electronic Conveyancing National Law (Queensland), the Registrar of Titles can determine the requirements for Electronic Lodgment

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Entering the market now presents an opportunity to acquire investmentproperty prior to any price rises. 2022 delivered a year’s worth of price declines.However, the opening months of 2023 have brought hope of a property market recovery. Values have stabilised, auction clearance rates are up and motivated buyers have been active. Experts are predicting value growth in major markets over the next two years. Demand has recovered and places a floor under prices A lack of

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Only two asset classes achieved returns greater than 10% in the past year. It was deemed as the worst annual period in the past 20 years for many asset classes, says IndexInvest investment managers.  The best performances came from direct property and commodities which returned 11% and 17% respectively in 2022. It is worth noting direct property was the best performer of all asset classes over the past 20 years, returning an average 10.2% annually

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By Jane Purnell After a period of strong capital gains across all asset classes, the current decade would be more likely to see a far lower contribution of total return (which includes capital growth and income), given the established relationships between interest rates, inflation, leading economic indicators and corporate earnings which signalled falling profitability in the second half of 2023 and beyond, according to IndexInvest Investment Director Mark Holzworth. To further explain, Talaria Asset Management

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