Local developers call for rates and land tax relief to keep economic engine rolling
News
Canberra developers have called for rates and land tax relief as part of a stimulus package for Canberra's economy, saying that it is critical that construction continues to keep the local economy rolling. Property Council CEO Adina Cirson said she has been in talks with the Canberra Business Chamber and the Master Builders Association about construction's role in the post-COVID-19...
Best and brightest in real estate step up for awards
News
Innovation and service – and a boundless commitment to the Canberra community – have helped Independent take out a swag of awards at the Real Estate Institute of the ACT Awards for Excellence. As well as the Innovation and Community Service awards, Independent collected the Marketing and Communications Award and the prized Large Residential Agency of the Year Award. Independent...
Sofia Ligeros is a cut above
Local Leaders
Sofia Ligeros knows the power of going that extra mile. It’s her determination that makes her a great cultural fit for Independent Property Management. Sofia’s magic combination of professionalism, empathy and high-energy levels enable her to make such a difference to landlords and tenants. Like the prospective tenant she met around a year ago who was desperate to find a...
McReynolds clan bring wealth of personalised real estate experience to home.byholly
Local Leaders
home.byholly has just had a major growth spurt, with the addition of the McReynolds family — a father, mother and son team, all passionate about, and experts in, real estate. Even though now larger, the home.byholly team remains dedicated to providing boutique, personal, hands-on service, something the McReynolds are masters at. Jenny McReynolds says the trio was attracted to join...
Canberra home owner’s building insurance: are you covered?
Expert Advice
With concerns about building construction quality in the ACT becoming more prevalent, those buying a new dwelling or constructing their own may increasingly look to statutory warranties and insurance schemes for protection. However, the recent case of The Owners - Units Plan No. 3115 v The Trustees of the Master Builders Fidelity Fund Scheme FCA 115 (The Owners -...
Real estate gentleman Paul Corazza has had a stake in Gungahlin for 26 years
Local Leaders
Paul Corazza is no stranger to real estate. He’s just marked his 26th year in ‘the biz’ and has sold 1508 properties worth close to half a billion dollars. That’s more than one a week, every week, for 26 years on average. Paul, the Principal at Independent Gungahlin, remembers his first sale as clear as if it was yesterday. It...
New stamp duty concession a boost for first-home buyers, says McIntyre
Property
A leading Canberra real estate principal says first home buyers will have a better shot at home ownership in the new financial year. McIntyre Property founder Col McIntyre says the new rate of concession on stamp duty that comes into effect on July 1 will be welcomed. Stamp duty is a transactional tax which adds to the cost of buying...
Four years on, sky’s the limit for visionary Vantage Strata
Property
Vantage Strata’s remarkable growth over its four years in existence is a part of the evolving Canberra story about how we choose to live, and the need for more professionalism and expertise in managing the increasing number of multi-unit properties that more and more are calling home. Vantage's partners saw the changing landscape and a gap in the market, but...
Building relationships key to property management, says McIntyre’s Jasmine Henjak
Local Leaders
When Jasmine Henjak left high school in 2002, she didn’t know what she wanted to do for a living. She decided to take a year off and make some money, while pondering life. Then, out of the blue, she landed a job in real estate and her future became crystal clear. That was in 2003 and Jasmine has been in...
Canberra lessors, financiers and suppliers urged to check their PPSR registrations
Property
The Personal Properties Securities Act 2009 (PPSA) came into effect on 30 January 2012, providing regulation for personal property that is used as security, and clear reporting of security claims by creditors over particular goods and assets. As a result, the Personal Property Securities Register (PPSR) was established. The PPSR makes it easy for consumers to check if an item...
The capital market with David Robertson
News
Each quarter, David Robertson, Head of Economic and Market Research for Bendigo and Adelaide Bank, keeps us updated on the state of the ACT economy with a quarterly market update drawing on statistics from the Reserve Bank of Australia (RBA), Australian Bureau of Statistics (ABS), and Real Estate Industry of Australia (REIA). October to December, 2018 quarter Happy New Year!...
How can you subdivide your rural or farm land in NSW?
Property
Deciding to subdivide a parcel of land is the easy part, it's what follows that can be tricky, with many hoops to jump through, and costs and conditions to be met. Meyer Vandenberg's Property Commercial & Finance Team takes you through the process and answers the key questions. What is the purpose of subdivision? In NSW, any plan that creates new...
What unimproved value means – and why you should care
Property
You’ve received your annual rates from the ACT Government but are puzzled by the ‘unimproved value’ figure. What does it mean exactly? How does the government calculate it? How often is it revised? Should you even care? "These are all good questions," says real estate agent Ryan Broadhurst, from Belle Property. "One thing is for sure, you should take note...
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