EPIC Property Club in Doncaster East, Victoria, Australia | Property

EPIC Property Club

Locality: Doncaster East, Victoria, Australia

Phone: +61 437 091 675

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24.01.2022 There is a reason!

19.01.2022 Yes, don't let your pet python dim your interest. Check it out first for the project that you are considering.

17.01.2022 Consider these points when deciding to buy an apartment

15.01.2022 Level of Trust!

14.01.2022 The 4 Property Taxes You Need To Know! The big difference between buying a house and a new pair of shoes is obviously the price -- and for good reason. Boots may be for walking, but buying a house means waving bye-bye to the landlord while building equity, wealth, security and stability with the soundest investment you'll ever make. However, national house prices are on the decline, credit supply has tightened, investor and owner-occupier demand is easing, and purchase sent...iment is taking a hit with negative media coverage. Yet another worry? Tax. What we pay in property tax affects how we decide to buy, sell and own property. So it's crucial to know and understand the major taxes in play in the Australian property market. 1. Capital Gains Tax The difference between what you buy and sell an asset for is either a capital gain or a capital loss. You don't pay capital gains tax (CGT) on most things, including your main residence, your car and your personal belongings. But land, holiday houses, rental properties and business premises are subject to CGT. 2. Stamp Duty Tax The price and the deposit aside, the biggest cost when you buy property is the stamp duty. Each state sets its own rates, but in every case it is the property value that determines the amount. Stamp duty can take buyers by surprise, as it's rarely mentioned until the state is ready to take those thousands of extra dollars. 3. Land Tax Unless you live in the Northern Territory, land tax could apply if your property is above a certain value threshold. But unlike the one-off stamp duty, land tax is payable each year based on the 'unimproved value' of your land. Main residences are generally exempt, meaning land tax affects investors more than owner-occupiers. 4. Foreign Purchaser Tax Our great and well-regulated country makes Australia attractive to foreign investors. So with that sort of investment on the rise, various state governments have introduced extra surcharges. The rules vary for land, but foreign purchaser tax applies across the board when a foreign person buys residential property in just about every state. The final word: It's time to buy a house! Notwithstanding the challenges facing the market at present, real estate continues to stand on firm ground thanks to strong jobs growth, a solid economy, an unemployment and interest rates at historic lows. It is a great time to buy a house! Courtsey Jason Xi First National Real Estate

11.01.2022 August Special! Give me a call and discuss your property investment requirements. Harold Brooker: 0437091675

10.01.2022 Most and the Least

09.01.2022 Set your goals in real estate.

07.01.2022 Don't look back!

05.01.2022 What does this tell you. Think about it and then contact me, Harold Brooker. 0437091675.

04.01.2022 Long Live... Happy Life!!!

02.01.2022 Now is a good time to consider the "up the down elevator" theory of buying property during a period where the market expectations are for a big drop in prices. If you are buying with a view to holding the property for a long time then you be better off taking advantage of the incentives that are being offered in the market place. If the market does drop more then you have to sit back and wait for the inevitable upswing in the knowledge that historically that the market will eventually bounce back bigger and better than ever, I have seen this happen time after time in my 60+ years in real estate. Feel free to call me, Harold Brooker, on 0437091675