Is now a good time to sell or lease?

Changes to the NSW property tax system give first home buyers the choice between paying an annual property tax or stamp duty.

In what he described as a “solid and sensible” budget that aims to provide cost-of-living pressure, Federal treasurer Jim Chalmers announced additional commitments to the ones outlined above aimed at improving Australia’s housing affordability.

This year the MMJ Commercial divisions and more particularly the Business Sales & Acquisition team made the decision to play a role in the Shoalhaven Business Awards.

Selling a tenanted property often makes financial sense for investors. Not only do you need to sell at the time that’s right for you in terms of the highest possible sale price, but continuing to receive rental income right up until the property sells can make a huge difference to your bottom line and ensure that you stay on top of investment loan repayments. It’s also appealing to potential investors if a property already has tenants in it.

From 1 October 2022 to June 2025, 10,000 places will be available each year under the Regional First Home Buyer Guarantee. The scheme was scheduled to come into effect on 1 January 2023, but the government has shifted the date earlier.