Living in Melbourne’s Eastern suburbs, we are spoilt for choice when it comes to places to engage in physical activity, whilst enjoying mother nature and all she has to offer. Whether it’s bushwalks or cycling, there’s a variety of places you can choose from, and they’re all within a 45-minute drive of Melbourne’s CBD. In this article, the Noel Jones
When it comes to renting out your investment property, one of the most important decisions you’ll need to make is how much rent to charge. This can be a tricky process, as many factors go into determining an appropriate price for your rental unit. Set the bar too high and you might exclude your target market, resulting in a long
The April property market had a lot to contend with. There were two consecutive long weekends, school holidays, an election campaign, and the speculation of rising interest rates, yet the market remained steady, and auction numbers exceeded any previously on record for the month of April. Melbourne’s outer east again recorded the second highest auction clearance rate of all regions,
Australia has had its first interest rate rise in more than a decade, just weeks out from the federal election. While this and further rate rises may generate uncertainty for homeowners and prospective buyers, there are some property market matters Australians can be sure of as we head to the polls on 21 May. The weeks leading up to an
With tax time fast approaching, here are five tax time tips to ensure you maximise the deductions for your investment property. Understand what deductions you’re entitled to As a property investor, you’re entitled to a range of tax deductions. These will help lower your taxable income and make owning an investment property more viable. For example, some of the tax
The end of the financial year can be a busy time for property investors, that’s why we’re here to remind you of the benefits of arranging a depreciation schedule before 30 June. What is depreciation? Depreciation is the natural wear and tear of a building and the assets within it over time. The Australian Taxation office (ATO) allows owners of
March rounded out the first quarter of 2022, with the industry enjoying the most restriction-free trading period it’s experienced in the past two years. Melbourne’s outer-east, where Noel Jones predominantly operates, recorded an auction clearance rate of 75.1% in March. Eclipsed only by the Mornington Peninsula with a result of 76.3%, it highlights continued buyer confidence within our territory. The
In January, Melbourne’s median house price hit an all-time high of $1,002,464, with experts continuing to speculate whether February would see a further push upwards, and yet another record broken. Well, the answer to that question is now known. Although the market remained incredibly buoyant, the median house price in our state’s capital declined marginally for February, settling at $998,356
Melbourne’s real estate market has started 2022 on a high, with our median house value reaching a million dollars for the first time ever. The latest CoreLogic data shows that the price of homes in our city rose by half a percent in January, to a median of $1,002,464. The value of dwellings overall grew by 0.2 per cent to
