Negative gearing here to stay

The federal government and the federal opposition party have ruled out the prospect of abolishing negative gearing.

At a debate held at the National Press Club in Canberra yesterday, both parties said they would not consider abolishing the investment strategy.

Housing Market Conditions

The Australian and Victorian housing markets have continued their strong performance this year. The Melbourne auction market had a clearance rate of 68 per cent in July and a clearance rate of 77 per cent for the calendar year so far. There have now been over 13,500 homes sold by auction, 41 per cent more than last year.

Rob’s Blog - Rob Millar - Property Advocate

What is a vendor advocate ?

According to The Macquarie Dictionary, to advocate is to support, recommend, act on behalf of, to defend or one who argues the cause for another.

David McMillan - Buyers Advocate - 0418 323 723

David McMillan from Domain Property Advocates can be contacted on 03 9853 5599 or 0418 323 723.

For all your property buying needs.

Rates rise, agents unfazed

While rising interest rates are scaring off some potential homebuyers, investors with equity continue to flood the market – keeping real estate agents happy.