There is no doubt that the Australian property market has surged since late 2020. Double digit growth in all states and territories evidences this growth. Demand, the size of mortgages and media attention means the Australia Government is now becoming increasingly wary of the impact of a property bubble. A property bubble poses a real…
Our team has seen a rise in the number of ESL and Land Tax invoices, which previously came to our agency, being redirected back to the owner’s personal address or the investment address. This started last year with Land Tax and has continued this year with the issuing of ESL levies. We know what has…
With so much discussion about the state of the housing market across Australia I thought this an ideal time to update our clients! Australian housing values increased a further 1.6% in July, according to CoreLogic’s national home value index. The latest rise takes housing values 14.1% higher over the first seven months of the year…
Come join us for nibbles on Tuesday 1 June 2021 at 6PM at our office to talk all things property with experts who will cover where the market currently is, how to organise lending, where the banks are at, tax and financial consequences. Flyer Attached – RSVP btphilpott@sellandrent.com.au 2021 BUDGET: WHAT’S IN STORE FOR…
Young couples planning a family have traditionally been the group most likely to buy their first home. However, high house prices and uncertain employment mean many more young families are staying in rental properties, and experts say regulators need to be kinder to these rent-for-lifers. Caution on Interest Rates The biggest factor in the increase…
As of 19 March 2021, a new planning system in South Australia comes online. Regional areas have been working with and under the new planning system for a little while now, but 19 March 2021 marks the day that the new online planning system comes into being for metropolitan areas. You can watch a video…
Wow! What a start to 2021! To say that the market has defied expectations would be an understatement. Its not just the residential sale market which is performing strongly but the residential rental market as well. IT’S A SELLERS’ MARKET AS AUSTRALIAN PROPERTY PRICE RISE AND BUYERS CAN’T GET ENOUGH! There can be no doubt…
Welcome to 2021! Perhaps the start of something new or maybe more of the same, only time will tell. The question that has been asked most of late by homeowners & investors is what does 2021 have in store for home values? We know that the end of 2020 saw a resurgent property market with…
Wow what a year! Who would have thought as we closed off 2019 what 2020 would hold for us all! 2020 started off like any other year at DB Philpott as the team headed into 2020 with enthusiasm and optimism. The rental market was starting to strengthen up as was the sales market. Then like…
At the time of writing this month’s update there is relief mixed with trepidation after the SA ‘circuit breaker’ lockdown is somewhat lifted. The planned state-wide ‘circuit breaker’ for Adelaide’s coronavirus cluster seems largely predicated on a lie. DB Philpott moved quickly to put in place contingency plans for the lockdown, but we were well…
