Herron Todd White Opinion’s On The Melbourne Residential Market Property prices in Melbourne have generally shown steadying signs over the past few months after experiencing a decline early in the year. The general consensus from property professionals and research data is that REIV data indicates median house prices have remained steady at $535,000 in the […]
Herron Todd White Opinion’s On The Melbourne Residential Market · The Melbourne metropolitan market is currently considered two speed. The inner suburbs are generally outperforming the middle and outer suburbs where there is continuing evidence of softening prices. · Auction clearance rates are now generally around 60%. · According to the REIV statistics, the Melbourne […]
Conveyancing is the process under which the ownership rights of an estate of land is transferred from seller to purchaser. The primary role of the conveyancer is to ensure that the property is transferred to the new owner free of any other interests. Secondary to this the conveyancer co-ordinates on time settlement of the transaction […]
The RBA made the decision to keep the cash rate at 4.75 percent after a slowing economy saw an underlying inflation rate of just 2.4 percent, well within the target band. The decision came after the economy recorded its steepest three-month drop since 1991, brought on in large part by the Queensland floods. The RBA’s […]
The Australian Taxation Office has included two mortgage structures among a group of unacceptable tax schemes in a guide to tax-effective investment published yesterday. It describes them as mortgage management plans and home loan unit trust arrangements. In a mortgage management scheme, the promoter offers a means of creating deductible interest payments, equivalent to home […]
