The Australian Bureau of Statistics has released figures from the 2011 Census, providing insight into Wagga Wagga’s direction and current housing climate. Riverina residents are continuing to embrace the Australian dream of owning their own home, with more people owning a home than 5 years ago. However, the current financial climate means that dream is becoming harder to reach, with more people still paying a …
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When the economy tightens there is financial impact on everyone; businesses, employees, young singles, families and the elderly. It can also significantly affect property investors. There are often circumstances, such as unemployment, that are out of anyone’s control. What if your tenants financial circumstances change and they cannot afford to pay rent? Who will pay?
Continue readingThe New South Wales Government has recently made some changes to grants for First Home Buyers and those purchasing existing homes. With all the different grants and saving available, it is hard to know what you could be eligible for. We have outlined what grants you could be entitled to and what changes have been made to existing grants.
Continue readingYou need to keep correct records in order to make a claim, even if you use a tax agent to prepare your tax return or you do it yourself. You need to keep records of the rental income you receive and the deductible expenses you pay. These records must be kept for five years from the date your tax return is lodged. With Fitzpatricks Real …
Continue readingWith the arrival of winter and damp frosty mornings, now is the time to take that extra care to ventilate your property to help combat any mould growth. As a minimum, ensure your bathroom, laundry and kitchen windows are opened during the day and open blinds to let sun light into the property whenever possible. Wipe the dew from your window frames and sills that …
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