Are world property prices around the globe rising or falling since COVID-19? A FALL in property prices around Australia – and indeed the world – was expected by many due to COVID-19, but the doomsday predictions haven’t come to fruition. There have been some falls, but in many cases, prices are actually rising, and in […]
When it comes to deciding what to do with your hard earned savings, the choice between investment opportunities can be difficult. There are a number of factors that might convince a potential investor to invest in one opportunity over another. In particular, property as an investment is something that has been extremely profitable for a […]
Client Name and Unit Number have been altered for privacy. Marie came to Washington Brown looking to maximise her tax depreciation deductions, having purchased a second-hand investment property in 2018. The house was originally built in 2000 and was purchased for $1,200,000 in 2018. The two storey house consisted of 4 bedrooms, 2 bathrooms and […]
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Client Name and Unit Number have been altered for privacy. Having recently settled on an off-the-plan apartment in Clayton, Victoria, Paul’s accountant suggested he contact Washington Brown to maximise his tax deductions. The 74sqm, 2 bedroom, 2 bathroom apartment was purchased for $559,000 in 2020. As Paul was the first owner and had never occupied […]
With so many varying forecasts about the future direction of the property market, I thought I would ask Paul Clitheroe of Money Magazine fame for his view. Here’s his response below: Hi Tyron, It is indeed an unusual time. Hope you and family are well. My view is pretty common sense, in short form below: […]
Could property fall by 40%? AS during any crisis – and even in the absence of one – the doomsayers come out in the property market. And COVID-19 is no different. Following the pandemic we’ve seen numerous predictions about Australian property prices, including that they could fall by up to 40%. Will it come true? […]
Is the office as we know it dead? MUCH has been said about the future of workplaces since COVID-19 forced some major changes to office life as we know it, kicking flexible work practices into gear. At this stage, no one really knows how offices will look in the future as uncertainty still abounds, but […]