It may be a bleak weather forecast, but the sun is peaking from behind the clouds and investors and the business sector are rubbing their hands together in anticipation, not just to keep warm, as good news breaks regarding the Riverina Intermodal Freight and Logistics (RIFL) Hub. In what will be the biggest driver of the Wagga economy for a generation, $13.2 million worth of state funds will …
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The Daily Mail Online has revealed the top 10 suburbs for property price growth in Australia and Wagga Wagga is the only New South Wales city to make the list. Hotspotting’s Top 10 Best Buys report is dominated by Queensland centres such as Logan, Ipswich and the Gold Coast and by fringe suburbs of Melbourne, with Hobart and Wagga Wagga rounding out the top ten. The article states …
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In February 2016, the vacancy rate for the Riverina was 3.90%, while Fitzpatricks Real Estate achieved 3.33%. Our lower vacancy rate is primarily due to having a dedicated leasing consultant showing our properties on demand, with our inspection program providing the perfect vehicle to ensure we can deliver prompt viewing inspections to all interested tenants. Would you like to be kept updated on our new property listings? …
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With the new year comes new beginnings – new tenures and employment contracts, new Defence postings, a new school and university year. January and February are a busy period with high numbers seeking rental properties. In January 2016, the vacancy rate for the Riverina was 3.70%, while Fitzpatricks Real Estate achieved 2.84%. This is primarily due to having two dedicated leasing consultants showing our properties on demand, with our inspection program providing …
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The recent proposal from Labor to restrict negative gearing could reignite property booms – by limiting negative gearing tax benefits to investors who buy new homes and not existing ones, this threatens to send investors buying up existing real estate before the cut-off date. All eyes will be on the outcome of this. So what exactly is “negative gearing”? It is the process of adjusting the …
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