Latitude Property in Southport, Queensland | Property

Latitude Property

Locality: Southport, Queensland

Phone: +61 432 358 114

Address: 17 Short St 4215 Southport, QLD, Australia

Website: http://latitudeproperty.com.au

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25.01.2022 Positive Cash-Flow Investing. How Does It Work? Part 3... Dual Occupancy Dual occupancy means a dual occupancy (attached) or a dual occupancy (detached). Dual occupancy (attached) means 2 dwellings on one lot of land that are attached to each other, but does not include a secondary dwelling.... Dual occupancy homes provide a unique investment opportunity where it is possible to rent one side of the house out while living in the other. A dual occupancy development consists of two dwellings built on one block of land. Dual key designs often share some common areas, such as the entrance foyer. A dual occupancy home is similar in some ways to a duplex as they are still two homes on the one block. The main difference between a dual occupancy and a duplex is that, in most cases, you cannot subdivide and have separate titles with a dual occupancy. Also known as a dual occupancy, each side is a completely separate home, with its own entrance, amenities and yard. Duplexes are sometimes on one title, meaning both halves must be sold together. If a duplex is subdivided into two separate titles, each home can be sold separately Dual occupancy developments allow two dwellings to be built on one block. Also known as a duplex, dual occupancies are common developments in areas with large blocks and older housing stock that isnt protected by heritage constraints. Pros for dual occupancy property Cons for dual occupancy property Higher income (5-10%) Reduced maintenance A property with two sources of income Income returns for both the short and long term are superior Positively geared from day one Because the dual occupancy delivers a superior cash flow you actually need less of these properties in retirement Pros For Dual Occupancy Property... Higher income (5-10%) Reduced maintenance A property with two sources of income Income returns for both the short and long term are superior Positively geared from day one Because the dual occupancy delivers a superior cash flow you actually need less of these properties in retirement Cons For Dual Occupancy Property Potentially harder to sell as both properties are on the one title A risk that lenders would introduce stronger lending requirements either in the form of greater deposits (lower LVR) and/or greater serviceability Purchase prices are typically higher Renters may have preference for a standalone house with a big backyard

24.01.2022 Stockland steps up development ahead of housing shortage

23.01.2022 Covid19 is likely to see more people consider a life outside of the capital city. But this has been a long term trend. Most are really moving to the outer conu...rbation - on the edges of what the official statistics currently define a ‘capital city’ - where housing is more affordable and better suits our demographic, and importantly, psychological makeup. We are suburban people. We like a nexus to the ground; we want to own our own bit of dirt and we appear to be prepared to accept the commute (and distance) to get it.

23.01.2022 Invest In The Logan City...

22.01.2022 The idea that limited recourse borrowing through #SMSFs is contributing to speculative property investment is overblown...

20.01.2022 SMSF Single Contract Dual Income - $525,000 Valuation on the last one sold came in at full purchase price. Bank Loan Available At 80-70%...subject to normal lending criteria Brisbane house price growth to accelerate 19% in next 3 yrs. BRISBANE is on the cusp of a mini boom with house prices set to accelerate over the next three years outperforming every other capital city, a leading industry player predicts.... Fully turn key investment property with two incomes. Limited availability for SMSF Community Members. Air Conditioning to Living & master in Main Unit Air Conditioning to Living of Auxilliary Unit Modern Kitchen with Stone Bench Top in Both Units Stainless Steel Appliances Carpet in Bedrooms and Tile Throughout Ceiling Fans and LED Down-Lights Throughout Window Furnishings to Sliding Windows and Doors Colorbond Fully Insulated Roofing Landscape Allowance ANTICIPATED RENT.....$640-$670 per week Contact [email protected] Ph: 0432 358 114

20.01.2022 SMSF BE QUICK COMPLETION 20 DECEMBER DUAL INCOME

20.01.2022 SMSF Single Contract house & land packages are available now. Valuation on the last one sold came in at full purchase price. Bank Loan Available At 80-70%...subject to normal lending criteria.... Brisbane house price growth to ‘accelerate’ 19% in next 3 yrs. BRISBANE is on the cusp of a mini-boom with house prices set to accelerate over the next three years outperforming every other capital city, a leading industry player predicts. Fully turn-key investment property, limited SMSF stock available. Contact [email protected] Ph: 0432 358 114

19.01.2022 Self-Managed Funds Now Outweigh Both Industry And Retail Funds In The Australian Super System... ASIC has expressed concern that a growing number of investors a...re setting up SMSFs when they are inappropriate for their circumstances, with the volume of assets in self-managed funds now outweighing both industry and retail funds in the Australian super system. In a statement released on Friday, ASIC commissioner Danielle Press said many consumers may be focusing too heavily on the benefits rather than the risks of running their own super fund. SMSFs may be an attractive option for investors wanting more control over their superannuation investment strategy, but it requires real skill, care and diligence to manage your own superannuation, Ms Press said. SMSFs are not for everyone simply because not everyone can meet the significant time, costs, risks and obligations associated with establishing and running one. The regulator noted that the total pool of SMSF assets numbered $748 billion, compared to $719 billion in industry funds and $626 billion in retail funds, according to ATO statistics. The comments come as ASIC released its new fact sheet, Self managed superannuation funds: Are they for you?, which is aimed at helping investors make more informed decisions as to the appropriateness of setting up an SMSF. ASIC said it would begin a pilot program in November of sending all newly registered SMSF trustees the fact sheet, which contains statistics around how returns compare for SMSFs with a balance below and above $500,000, details on reporting requirements and annual fees for SMSF trustees and the consequences of non-compliance with the SIS Act. Additionally, the fact sheet contains details of the risks of investing in property through an SMSF, such as high upfront and ongoing costs and potential difficulties with selling or renting the property. The regulator said the development of the fact sheet had been driven by its Report 575 into improving the quality of advice and member experience in SMSFs, which had identified several red flag indicators that suggested when an SMSF may not be appropriate for a client. These included the client having a low super balance and a limited ability to make future contributions, a desire for simplicity in their super set-up, the client wanting to delegate all management and investment of their super to their adviser, and a lack of time on the clients part to manage their own financial affairs. When people have limited investment decision-making experience or prefer to delegate decision-making to someone else, they should carefully consider if an SMSF is right for them, Ms Press said. As trustees of their own fund, SMSF investors must remember that they are responsible for their funds compliance with the law, even if they pay a professional to help.

19.01.2022 Griffin will soon be welcoming its first students...

18.01.2022 Q&A: What is Capital Gains Tax? Capital Gains Tax (CGT) is payable on the capital growth of your property in the event that you sell the property. It is only payable once you have sold it. In 1999 a new method of calculating CGT was introduced. It is now... calculated at 50% of your marginal tax rate. Previously it was calculated at a rate of 100%. Since your tax assessment is based on your marginal income tax rate at the time of sale, any tax payable would be reduced if you are retired, have a small income or own the asset in your SMSF. In addition, your capital gain is further reduced by deducting both the purchase costs and selling costs such as stamp duty, legal fees and agents selling fees. Disclaimer: This article is for information purposes only. Always seek professional advice from a financial expert before making any changes to your investment strategies, or decisions that make effect your financial future.

17.01.2022 $50,000 Grant Proposed As RBA Raises Property Concerns... As Australias biggest employer which contributes over 13 per cent of GDP, the property industry can be a powerhouse behind economic recovery and growth with the right policy settings and market incentives from the federal, state and territory governments, Ken Morrison said.

16.01.2022 More Good News For Pimpama....

15.01.2022 In a widely expected decision, the Reserve Bank of Australia (RBA) has decided to keep the official interest rate at its record low of 0.75 per cent, after pulling the trigger for the third time this year in October. The bank has cut rates three times since June, causing house prices to rise in Sydney and Melbourne at the fastest growth rate weve seen in 10 years. At the same time the rate cuts seem to have made a little dent with unemployment improving slightly and subtle s...igns of growth in our economy. The latest domestic economic data has provided the Bank with some breathing room said Susan Mitchell, Chief Executive Officer of Mortgage Choice. Encouraging data from the labour market played a part in delaying the need for another rate cut. Data from the Australian Bureau of Statistics (ABS) revealed that the unemployment rate fell to 5.2% in September. And, while this would have been welcome news to policy makers, it is still far off the RBAs unemployment target of 4.5%, which suggests that another rate cut may be on the cards in the coming months. In other positive news for policy makers, inflation grew over the September quarter, rising 0.5% from the June 2019 quarter. On the other hand, the annual rate of inflation rose 1.7% over the twelve months to September 2019, which is below the RBAs target range. Its unlikely the RBA will cut rates again this year. They are likely to wait and see how the effects of their recent rate cuts pan out. Heres what the experts have to say:

15.01.2022 At over $2,000 per week is it any wonder that investing in NDIS approved properties is starting to gain momentum. As waiting list grow for people to move into these beautiful properties investing are moving to take advantage of this great opportunity whilst at the same time help those in need. Put your name down on our waiting list today: [email protected] 0432 358 114

13.01.2022 Dual Occupancy - SMSF Package A Dual Income SMSF Package now available...$499,990. This cash positive investment is ideal for an SMSF investor. Rent $570- $620 pw... 6% gross return Features: Unit 1: 3 bedroom 2 bathrooms SLUG... Unit 2: 1 Bedroom 1 Bathroom Air conditioning to main living area & master to main dwelling Air conditioning to living area of auxiliary unit 2 Modern kitchen Stainless steel appliances Carpets and tile throughout Ceiling fans and LED down-lights Window furnishing to sliding windows and doors Colorbond fully insulated roof Fully fenced and landscaped See more

13.01.2022 NDIS investment properties now available in SMSF. Returning over $2,000 per week into SMSF these investments have certainly taking off. Care needs to be taking when setting up these investments. We recommend consulting with an SMSF Specialist. To register your interest and go on the waiting list email: [email protected] 0432 358 114

13.01.2022 Dual Income SMSF Property

09.01.2022 $50,000 Grant Proposed As RBA Raises Property Concerns... As Australia’s biggest employer which contributes over 13 per cent of GDP, the property industry can be a powerhouse behind economic recovery and growth with the right policy settings and market incentives from the federal, state and territory governments, Ken Morrison said.

08.01.2022 Positive Cash-Flow Investing. How Does It Work? Want an investment that pays you income from day one? Positive cash-flow properties are investment properties that provide you with an income stream. The income from these properties exceeds the expenses. Its that simple. Most property investments get there in the long term provided you are patient enough, inflation pushes up rents, and you pay down debt systematically.... The typical situation on purchase it is quite normal that expenses exceed income because the interest expenses are typically high due to high debt levels. The government provides a subsidy to investors that are in expense deficit called negative gearing whereby the loss (deficit between expenses and income) is tax deductible. But as the years pass by and the debt is paid down these negative income properties slowly turn into break even and then positive income positions. But what if you could avoid the wait and buy an investment that pays you income from day one? Well this is reality for some investments i.e. they start off with income higher than expenses. The one reason behind these attractive investments is their higher rental income. The two models that can produce positive cash-flow investing include 1) commercial property investments; and 2) dual occupancy property investments. I will look at them over the next 2 days....Stay tuned

07.01.2022 Positive Cash-Flow Investing. How Does It Work? Part 2... Commercial Property Commercial property refers to real estate property that is used for business activities. Commercial property usually refers to buildings that house businesses, but it can also refer to land that is intended to generate a profit, as well as larger residential rental properties.... Commercial property generally provides a higher return on investment (ROI) compared to residential properties. According to CoreLogic, the average rental yield for commercial properties, such as a warehouse, is between 8-10%, whereas the rental return for residential properties is 3-5% on average. Commercial properties may refer to: retail buildings office buildings warehouses industrial buildings apartment buildings mixed use buildings, where the property may have a mix, such as retail, office and apartments. Pros For Commercial Property Higher income (5-10%) Professional relationships your tenants are businesses Limited hours of operation More objective valuation (less emotion) More flexible lease terms Longer lease terms and certainty Cons For Commercial Property Management of multiple tenants Potentially require professional management Bigger initial investment More risks you need to insure Shorter loan terms (15 vs 30 years) Higher deposit required Tomorrow Dual Income Properties.... Pros for commercial property Cons for commercial property Higher income (5-10%) Professional relationships your tenants are businesses Limited hours of operation More objective valuation (less emotion) More flexible lease terms Longer lease terms and certainty Management of multiple tenants Potentially require professional management Bigger initial investment More risks you need to insure Shorter loan terms (15 vs 30 years) Higher deposit required

06.01.2022 Current Pension Documents Key To Avoid Legal Risk... SMSF trustees and auditors are risking legal action by not having up-to-date pension payment documents in p...lace for the current year, according to a leading SMSF strategist. LightYear Group and I Love SMSF director Grant Abbott said he had seen a spike in trustees seeking to put pension payment documents in place for the coming year, as ATO compliance crackdowns drove further trustee awareness of the importance of having robust documentation in place. In the last week alone, there have been more than 200 pension payment documents completed on the LightYear Docs platform, Mr Abbott said. Although it is only a fraction of the entire field of account-based pensions on foot, it appears that the penny has dropped following the Commissioner of Taxations investment strategy blitz [and] that the smarter advisers are ensuring all compliance holes are filled with appropriate documentation. Mr Abbott pointed out that it was a SIS Act requirement that SMSF trustees pay pensions to their members, but that without current pension payment documents in place, there was a risk that any pension being paid to a trustee was not a legally valid one. The relationship between the pension recipient and the trustee is a contractual one the pension recipient has paid monies to acquire an account-based pension from the trustee of the fund, he said. If the trustee fails to deliver on that promise, then a legal action under section 54C and section 55(3) of the SIS Act 93 can be taken by the member against the trustee and potentially the auditor for any loss or damages. He said trustees needed to formalise documents each year that included a determination of the minimum income payment for the current financial year, confirmation from the member as to their proposed current year payment, a request as to whether any payment above the minimum was a commutation and a proposed process if the minimum payment for the year was not met. Without current year pension documentation, given the pension is account-based and reliant on the member notifying the trustee of their pension payment, it may be that the pension is not a pension under SIS Regulation 1.06(9), he said. See more

06.01.2022 Dual Occupancy - SMSF Package Lot 47 Morayfield QLD A Dual Income SMSF Package now available...$499,990. This cash positive investment is ideal for an SMSF investor. Rent $570- $620 pw... 6% gross return Features: Unit 1: 3 bedroom 2 bathrooms SLUG... Unit 2: 1 Bedroom 1 Bathroom Air conditioning to main living area & master to main dwelling Air conditioning to living area of auxiliary unit 2 Modern kitchen Stainless steel appliances Carpets and tile throughout Ceiling fans and LED down-lights Window furnishing to sliding windows and doors Colorbond fully insulated roof Fully fenced and landscaped See more

06.01.2022 ANZ bank has forecast that the Sydney and Melbourne house prices will be growing at more than 12 per cent per annum by the middle of next year. ANZ Economists believe that house prices in aggregate are now picking up solidly. The say that interest rate cuts, easing of finance regulations and taxation certainty have combined to create an ideal environment for a solid rebound and will super-charge the Sydney and Melbourne property markets to a point they will effectively wipe o...ut the price falls recorded between 2017 and early this year. ANZ believes that by the end of this year, Sydney and Melbourne prices will be up by a further 3 per cent. By the middle of next year, these markets could be growing at an annual rate of 12 per cent and 13 per cent respectively.

05.01.2022 With five pools including a 10-lane Olympic standard pool and leisure pool, caf, walking trails, events and community parks, there will be something for everyone to enjoy. Mayor Tom Tate...

04.01.2022 COMPLETE SMSF PACKAGE - DUAL INCOME - 6-7% return ADDRESS: LOT 240 Elandra Street, Burpengary PACKAGE PRICE: $525,000 SMSF Contribution: $185,000 * approx... SMSF Loan: $365,000* Subject to normal lending criteria HOUSE SIZE: 222.88m LAND SIZE: 302m BEDROOMS: 3 + 2 BATHROOMS: 2 + 1 GARAGE: 1 + 1 RENTAL RETURN: INCLUSIONS: Anticipated Rent *PW $640 - $670 / 6-7% return Air Conditioning to main living area of main dwelling Air Conditioning to living area of auxiliary unit Modern Kitchen Stainless steel appliances Carpet in bedrooms and tiles throughout Ceiling fans and LED down-lights throughout Window furnishing to sliding windows and doors Colorbond fully insulated roof Landscape allowance Fully fenced Contact Phil for more information: 0432 358 114

04.01.2022 Who Else Wants To Get Rid Of Your Home Loan Now And Save Over 20 Years Off Their Home Loan Repayments? Would an extra income of around $2,000 per week help? [email protected] 0432 358 114

03.01.2022 A new way of living Recently she started accessing Specialist Disability Accommodation (SDA) funding in her National Disability Insurance Scheme (NDIS) plan, which made it possible for her to explore a new kind of housing.

02.01.2022 Feeling financially trapped like you will never get ahead and own an investment property? Join thousands of other Australians weve helped who were feeling the exact same & have managed to acquire a number of investment properties without sacrificing their quality of life or doing things they love. [email protected]

01.01.2022 Project Completed And Tenant Ready