Housing Market Update for July 2016.

The CoreLogic June Home Value Index results reported a 0.5% rise in capital city dwelling values over the month with five capitals recording a fall in dwelling values while Sydney, Melbourne and Hobart values show another substantial rise.

Higher dwelling values across Australia’s two largest capital cities continued to push the CoreLogic Hedonic Home Value Index to new record highs, with dwelling values across the combined capital cities rising by 0.5% in June to be 8.3% higher over the past twelve months.

 

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Invest for success in Carseldine and Aspley real estate

Tucked away from a bustling capital city, Carseldine and Aspley real estate seems to have it all. Zac McHardy of Raine & Horne Chermside explains why he believes Aspley and Carseldine, with their good-sized properties and vibrant community spirit, are Brisbane’s most family-friendly suburbs.

Brisbane has gone through many changes in the last 20 years. Many suburbs have become hot, then not, then hot again. Others have gone through massive gentrification as Brisbane’s CBD has boomed. The northern suburbs have seen some of the biggest changes; Chermside, for example, has exploded in recent years to become Brisbane’s ‘second CBD’, with its local Westfield, the growth of The Prince Charles Hospital, and the huge development of units and flats.

I’ve been in the area since I was young, and I’ve watched the development firsthand. The growth and gentrification in Chermside and its surrounding areas has been wonderful for both Aspley and Carseldine real estate.

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How will Negative Gearing Affect You?

In recent months, a policy to get rid of negative gearing on existing residential property and increase capital gains tax has been all over the media.

 

 

This policy – if ever adopted – directly affects the millions of Australians who own any property, whether it’s an investment or their own home. It also affects the 18 million Australians who have a stake in property through their superannuation funds. Take some time to listen to Angus Raine on his thoughts?

What do you think?