Paul McKenzie The Property Guru ABS Conveyancing ABS Realty Valuations in The Rocks, Sydney | Property lawyer
Paul McKenzie The Property Guru ABS Conveyancing ABS Realty Valuations
Locality: The Rocks, Sydney
Phone: +61 411 037 057
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25.01.2022 CoreLogic home value index Dec 2020 Released today show Australian home values finished the year 3% higher. Dec 2020 Home Value Index for 2020 points to a strong start for the property market in 2021. Australia’s housing market finished the year on a strong footing with CoreLogic’s national home value index rising a further 1.0% in December; the third consecutive month-on-month rise following a -2.1% drop in dwelling values between April and September. ... Australian home values finished the year 3.0% higher with regional housing values rising by 6.9%, a rate of capital gain that was more than three times higher than the combined capitals, where home values were up 2.0% over the year. CoreLogic’s research director, Tim Lawless, said the year was characterised by a mild-COVID dip in values, but unprecedented volatility in the transaction space. The number of residential property sales plummeted by -40% through March and April but finished the year with almost 8% more sales relative to a year ago as buyer numbers surged through the second half of the year. Despite the volatility, housing values showed remarkable resilience, falling by only -2.1% before rebounding with strength through the final quarter of 2020.
25.01.2022 May your world be filled with warmth and good cheer this Holy Season. Wishing you and your family a joy-filled Christmas - A silent night, a star above, a blessed gift of hope and love. A Merry Christmas to you.... May this holiday season be full of surprises and cheers, simply because you deserve the best. Holiday time and all the time, as we appreciate the great efforts you put into us. Thank you. Great honour & privilege to service our clients and business partners. Best wishes for 2021. Our office re-opens on Monday 4th January, ready for more in 2021. During the summer break, we are still accessible via mobile phone and laptop computer, for any urgencies. If you are looking for a great book to read during the summer break, spoil yourself and go on line to purchase our recent new published book, Property & Conveyancing Made Easy - https://www.nimgholkar.com/shop
24.01.2022 Opal Tower debarcle in Sydney Olympic Park a $42 million costly mitigation claim between the builders and their insurers - https://www.commercialrealestate.com.au//opal-tower-buil/
24.01.2022 Wow brave bold move by the NSW State Government, abolishing stamp duty on property purposes and replacing it with an annual land tax on new property transactions, to keep the $7.6 billion revenue going - good or bad ??? https://www.smh.com.au//nsw-to-phase-out-stamp-duty-as-sta
17.01.2022 CoreLogic’s November Home Value Indices found dwelling values rise across every capital city and rest-of-state region Australia's housing market continued along a recovery trend through November. CoreLogic’s national index recorded a second consecutive monthly rise in November, with dwelling values up 0.8% over the month. The new recovery trend follows a 2.1% drop in Australian home values between April and September. CoreLogic’s Head of Research, Tim Lawless, says if the c...urrent growth trend persists, we are likely to see CoreLogic’s national home value index surpass pre-COVID levels in early 2021. The national home value index is still seven tenths of a per cent below the level recorded in March, but if housing values continue to rise at the current pace we could see a recovery from the COVID downturn as early as January or February next year. The recovery in Melbourne, where home values remain 5% below their recent peak, will take longer. Although housing values look set to surpass their pre-COVID highs early next year, both Sydney and Melbourne home values remain at levels similar to those seen in early 2017. While rising, Perth values are similar to mid-2006 levels, whilst Darwin values are in line with 2007 levels. At the other end of the spectrum, housing values moved to new record highs in Brisbane, Adelaide,
17.01.2022 Book On Sale now for Christmas - $30 Plus Postage - Great reading for Christmas/New Year Summer Holidays period - Go to https://www.nimgholkar.com/shop
14.01.2022 News News News - Gives us great pleasure to announce, Sony is now working for ABS Conveyancing. For conveyancing services on property selling, buying or family transfer, call Sony on Mb 0432 050 889, to assist your property requirements and dreams,. Fluent to assist in Hindi and Punjabi.
12.01.2022 ABS Realty Valuations grateful to receive more good feedback from clients - Your professional help is much appreciated. Raymond Choi, Coogee NSW
11.01.2022 Yes, not a good tax move by NSW Treasurer Dominic Perrottet yesterday in his NSW 2020 Budget Speech. It has all the makings of Michael Egan's budget speech that saw him, Bob Carr & others exit prior to the 2007 state election over the very unpopular vendor exit tax. NSW land tax system is riddled with irregularities that has many of our clients complaining. A Liberal state MP also complains the same on land tax. This bold tax move on new properties, affecting first home buyer...s, retirees and investors will see economic and political effects that saw Bob Carr, Michael Egan & others in Govt exiting state politics in the mid 2000s. History repeating itself when bringing in unpopular tax reform on the property market. NSW Treasurer Dominic Perrottet's proposed land tax could wreak havoc with his state's finances, unsettle the electorate and irritate his Canberra colleagues, writes business editor Ian Verrender. https://www.abc.net.au//nsw-budget-perrottet-pro/12890656
10.01.2022 From the Foreign Investment Review Board Preparations for the new foreign investment reforms The Foreign Investment Reform (Protecting Australia’s National Security) Bill 2020 and Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2020 was introduced into the Parliament on 28 October 2020. Guidance material is being prepared to assist foreign investors to meet their obligations under the proposed reforms, including transitional arrangements from the existing... framework. Treasury is engaging with key investors and their advisers on specific elements of the reforms and further guidance and explanatory material to assist foreign investors to meet their proposed obligations under the reforms, including guidance about the portal, will be made available on the FIRB website closer to the proposed commencement date of the reforms. Enquiries regarding the reforms can be directed to the FIRB enquiries inbox. See more
10.01.2022 Revenue NSW Land Tax Threshold for 2021 is $755,000.00. The Premium Property Tax (PPT) threshold is $4.616 Million. For further information https://www.revenue.nsw.gov.au/taxes-duties-levies/land-tax
10.01.2022 Our article in this month's Dooral Round Up on Property Investment -
09.01.2022 Thank you to so many people, family, friends, business partners etc, for the love and support with the book launch overwhelmed and very humble with the responses, in gratitude - Book On Sale now for Christmas - $30 Plus Postage - Great reading for Christmas/New Year Summer Holidays period - Go to https://www.nimgholkar.com/shop
08.01.2022 Looking to Buy or Invest in Property in 2021? Have Equity to make to buy/invest soon? Want new property with quality and good return? Then your next move is to come along to the FinCorp Property Group’s Property Seminar to learn the property market research, trends, products, financials, with property available in Australian Capital Cities and Regional Centres. Low interest rates and recovering conditions 2021 is your year to make the move into property! Limited places, bo...oking essential. Phone Kevin 0452 401 956 or Rahul 0420 207 351 to reserve your spot ! See more
05.01.2022 Great summer reading on the Australian property marketing scene - Property & Conveyancing Made Easy - all about Buying, Selling, Investing, Renovating and much more - E Book (soft copy) out now through Amazon - https://www.amazon.com/Property-Conveyancing-M//B08PXV7FDP Hard Copies available through - https://www.nimgholkar.com/shop
02.01.2022 CoreLogic's first Home Value Index in 2021 shows Australian housing values reached a new record high in January Housing values continued to rise through the first month of 2021 with CoreLogic’s national home value index up 0.9% over the month. The January movement takes Australian home values to a fresh record high. Housing values have surpassed pre-COVID levels by 1.0%, and the index is 0.7% higher than the previous September 2017 peak. Every capital city and broad rest-of...-state region recorded a rise in housing values over the month, ranging from a 2.3% surge across Darwin to a relatively mild 0.4% rise in Sydney and Melbourne. Continuing a trend that became evident early in the pandemic, regional housing values rose at more than twice the pace of the capital city markets. CoreLogic’s combined regionals index was up 1.6% over the month, while capital city values were 0.7% higher.
02.01.2022 https://www.abc.net.au//northern-nsw-property-byr/12876464
01.01.2022 Following five months of consistent declines in residential property values, CoreLogic’s national home value index moved back into positive month-on-month growth through October, posting a 0.4% rise. The lift in home values was broad based, with every capital city apart from Melbourne posting a rise in values over the month. Over the month dwelling values increased by more than 1% in each of the smallest four capital cities with Brisbane, Adelaide, Hobart and Canberra housin...g values reaching new record highs. According to CoreLogic’s Head of Research, Tim Lawless, the October results show early evidence of a divergence between house and unit market performance. The rise in capital city housing values over the month was entirely attributable to a 0.4% lift in house values which offset the 0.2% fall in unit values. Through the COVID period so far, unit values have actually shown a smaller decline in values than houses, but this is likely to change.
01.01.2022 Another very satisfied client with ABS - Good afternoon Paul, Thank you for that. Really appreciate your great and efficient service. Kind regards,... Zaahy Ahmed Moncrieff ACT See more
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