How can you get to know your neighbourhood?
Are you new to a neighbourhood? It can be scary not knowing anyone or any place at first! Here are a few tips and tricks to get you acquainted with your new area.
Property in Morningside and other parts of NSW is booming. The final results of the 2013-14 NSW budget again showed the prominence of the property market on the economy as it boasted a surplus of over $1billion.
The Property Council of Australia noted the strength of the real estate market is highlighted by the continually increasing stamp duty receipts.
Property Council NSW Executive Director, Glenn Bynes, said that there is a "mood of optimism in the market right now and home approvals are at their highest for a decade". He has said that this confident market is reflected in the "property industry [generating] one in 10 jobs in NSW, [paying] over $16 billion in wages to workers and [in turn contributing] over one-third of the State's tax revenue".
Despite the rise in stamp duty revenue, the Property Council stressed it alone should not be relied on. They claimed that stamp duties fluctuate with the market conditions and budgets are affected by cyclical changes. Mr Bynes went on to say that stamp duties should be abolished due to their uncertain nature and expressed hope for mature tax reform debate in the near future.
Are you new to a neighbourhood? It can be scary not knowing anyone or any place at first! Here are a few tips and tricks to get you acquainted with your new area.
Whether you’re buying or selling, the experts always warn that you should try and avoid becoming emotional about property. “When you’re emotional you don’t think as clearly,” they caution, “and you risk making costly mistakes.” On paper, this is a concept we can all agree with. But in practice, there … Read more