In this episode of the Property Investing Podcast, we discuss holiday homes as a property investment strategy, and the recent Australian Government proposed changes to reduce depreciation deductions for property investors.
.png "RE Investar-Logo-MRI_Colour web 229x115px (1)"){kind=logo}
In this episode of the Property Investing Podcast, we discuss holiday homes as a property investment strategy, and the recent Australian Government proposed changes to reduce depreciation deductions for property investors.
Australia’s property downturn accelerated in July, with Cotality’s national Home Value Index (HVI) dropping 0.7% — the steepest monthly decline since December 2022. The weakness is no longer limited to Sydney and Melbourne, as mounting demand-side pressures pushed previously resilient mid-sized capitals into negative territory.
Cotality’s national Home Value Index (HVI) fell 0.4% in June, the largest monthly decline since December 2022, led by drops in Sydney (‑1.2%), Melbourne (‑1.0%) and the ACT (‑0.6%).
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent.
.png?width=229&height=115&name=RE%20Investar-Logo-MRI_Colour%20web%20229x115px%20(1).png "RE Investar-Logo-MRI_Colour web 229x115px (1)"){kind=logo}
.png?width=130&name=REI%20Awards%202022%20(1).png){kind=icon}
Real Estate Investar is part of MRI Software. We provide the tools, data and information you'll need to create wealth through property investment.