The PRWIRE Press Releases https:// 2014-09-18T05:33:07Z Refinancing: When it's time to say "it’s not me, it’s you" 2014-09-18T05:33:07Z refinancing-when-it-s-time-to-say-it-s-not-me-it-s-you With the lowest interest rates in 25 years, now is an excellent time to undertake a mortgage health check, according to mortgage expert Yanna Clapham.   “For any number of reasons, many people find their current loans are no longer working for them and consider refinancing. But finding the most suitable loan for your personal circumstance can be overwhelming” said Mrs Clapham, Financial Services Director at Which Property Financial Services.   In fact, in September 2013, more than a third of new mortgages in Australia were for the purposes of refinancing. Meanwhile, an Ernst & Young survey found more borrowers were looking for a better deal but found the process of switching lenders confusing and time-consuming.   As Mrs Clapham explains, “the aim of refinancing is not just to reduce your monthly repayments, it should be about finding a product that will save you money and reduce your loan period by years.”   Refinancing essentially means restructuring your debt in an effort to benefit your financial situation.   “If you are considering refinancing, it’s important to understand the all aspects of your loan product,” said Mrs Clapham. “Ultimately, the decision to refinance will come back to your preferences and financial goals”.   For an in-depth explanation on the potential benefits of refinancing, see the latest Property Insight Newsletter from Which Property.   Visit www.whichproperty.com.au for more information.   For further information contact Paula McLean, Sales & Marketing Director, Which Property, 07 3505 6000 or info@whichproperty.com.au. Have you considered pre-paying your loan interest before 30th June? 2014-05-02T04:40:09Z have-you-considered-pre-paying-your-loan-interest-before-30th-june The end of the financial year is an excellent opportunity to assess your finances, according to mortgage expert Yanna Clapham. “There are a number of strategies and options for how you repay your loan, so now is a good time to make sure your mortgage is the most suitable for your circumstances” said Mrs Clapham, Director of Financial Services at Which Property Financial Services. One strategy many property investors consider at this time of the year is pre-paying the interest on their loan, which could provide investors with significant savings. “This strategy is in many cases best applied upon the purchase of a property prior to 30th June, and it’s not too late” said Mrs Clapham. So how does this strategy work? It is possible to pre-pay the interest on your investment property’s loan, allowing you to claim next year’s interest repayment against this year’s taxable income. This strategy has become increasingly popular for investors seeking to offset their tax in the current financial year. For some, there may also be tax savings available on future pre-payments too – specifically if you have a particularly high taxable income this financial year and/or lower income the following year. “This may be the case for an investor who has sold an investment property this financial year, thus incurring capital gains tax. By purchasing another investment property and pre-paying the interest, the tax rate can be reduced, generating a tax saving. Another good example would be anyone who is looking to retire or semi-retire, knowing that their income will be substantially less the following year” explains Mrs Clapham. Everyone's circumstances are different, and it is best to tailor a strategy to suit your needs. The easiest way for you to determine if this strategy is suitable for your personal circumstances is to discuss this opportunity with your accountant or mortgage expert. You can contact Yanna about your mortgage needs on phone 07 3505 6000 or email finance@whichproperty.com.au. Divide and Conquer 2014-04-14T03:53:31Z divide-and-conquer According to a leading property expert, the role of a Body Corporate is an important, but often mis-understood, part of property ownership. As Mark Borrill, Managing Director of Which Property explains, “Within the next 25 years, strata titled properties will outweigh stand-alone residences, according to the Australian Bureau of Statistics. That means most property owners in Australia will belong to a Body Corporate.” Body Corporate isn’t as threatening as one might initially think. Ultimately, there are benefits to owning either a house or apartment. The decision to purchase a property with Body Corporate fees will come back to your preferences and financial goals. “Contributing to two separate funds, Body Corporate fees keep a property looking its absolute best. And if a property is well taken care of it will be more appealing to both tenants and purchasers” said Mr Borrill. If you own an apartment or townhome, or plan to invest in these types of properties in the future, it’s important to understand the roles and responsibilities of a Body Corporate. Body Corporate fees shouldn’t be an automatic deterrent when choosing a property. A number of factors should as always form the basis of a smart investment decision, including your individual goals and financial position. For an in-depth explanation on Body Corporate, see the latest Property Insight Newsletter from Which Property.   Visit www.whichproperty.com.au for more information.   For further information contact Paula McLean, Sales & Marketing Director, Which Property, 07 3505 6000 or paula.mclean@whichproperty.com.au. Outdated and outrated 2013-11-20T03:45:03Z outdated-and-outrated How many times have you heard the 
line that the value of a property is held 
in its percentage of land ownership? In the latest issue of Property Insight, Which Property unpacks this long-held belief to see how this statement stacks up in today’s marketplace. “This statement infers that stand-alone homes will always experience stronger capital growth than apartments”, said Mark Borrill, Managing Director of Which Property. In the past, when inner-city land was more available, it may have been fair to say that the percentage of land ownership was the most important consideration when investing in property. These days, Australia is experiencing rapid growth and that affects the way we live. “Real estate trends are constantly evolving and that means many of us need to rethink how we perceive property”, explained Mr Borrill. When choosing a property, it is essential to weigh up all the considerations rather than rely on generalisations. The adage that the value of a property is held in its percentage of land ownership is simply outdated and outrated. While inner-city apartments may not hold such a large portion of land ownership, the location’s desirability will drive demand and therefore prices in today’s market. To find out more on changing property trends, check out the latest Property Insight Newsletter from Which Property. Visit www.whichproperty.com.au for more information.   For further information contact:Paula KeyMarketing DirectorWhich PropertyPhone +61 7 3505 6000Email paulak@whichproperty.com.au. Bloom or Gloom? The Brisbane Property Market - Back To The Basics 2013-07-18T05:18:59Z bloom-or-gloom-the-brisbane-property-market-back-to-the-basics Depending on who you talk to and what day of the week it is, the Brisbane Property Market is blooming or looking gloomy. A leading property expert is urging investors to go back to basics and look at the fundamentals to make their informed investment choices. “No matter where you are buying, there will be good buys and bad buys” said Mark Borrill, Managing Director of Which Property, “one of the big hurdles in making a decision is understanding the market fundamentals of where you are purchasing.”There are a number of factors that drive the property market. It is important to understand what is underpinning the local property market, as this will influence both capital growth and rental returns. “There is a lot of speculation about Brisbane being the next investment hot spot, but wading through the information can be overwhelming,” explains Mr Borrill. In the latest edition of Property Insight, Which Property have asked property commentator Michael Matusik to shed some light on what’s in store for Australia’s property market, with a spotlight on Brisbane’s market fundamentals. Michael Matusik is the Director of an independent property advisory, and is renowned for his perceptive and to the point property commentary. As Mr Matusik explains, “(t)here is always talk about “how it will be different” this time around. But history shows that there is a set of certain variables which, when combined in the right way 
(like ingredients in a recipe), drive the property cycle.” For more investment tips, check out the latest Property Insight Newsletter from Which Property or visit www.whichproperty.com.au for more information.   For further information contact Paula Key, Marketing Director, Which Property, 07 3505 6000 or paulak@whichproperty.com.au. The Right Fit For Your Goals 2013-03-13T06:55:02Z the-right-fit-for-your-goals When purchasing a brand-new property, one of your first decisions is whether to buy off-the-plan or completed. In their latest issue of Property Insight, Which Property explores the possibilities of purchasing off-the-plan or completed and how they fit into your investment strategy. “While both options have their advantages, your ultimate decision will depend on your financial situation and ongoing goals” said Mark Borrill, Managing Director of Which Property.  So which is the best option? Ultimately, there are benefits to both off-the-plan and completed properties, said Mr Borrill, so your decision should be based on what you are comfortable with and your individual financial goals. Buying off-the-plan isn’t for everyone; emotional choices are easier to make on completed properties, particularly for owner-occupiers. In this respect, purchasing a completed property minimises risks and surprises, and there are added tax benefits, as outlined in the latest Property Insight Newsletter. Meanwhile, buying off-the-plan can provide greater choice and provide you with some extra time, both of which can have a great impact on your property portfolio and ongoing financial gains. To find out more on the benefits of purchasing an off-the-plan or complete investment property, check out the latest Property Insight Newsletter from Which Property   Visit www.whichproperty.com.au for more information.   For further information contact Paula Key, Marketing Director, Which Property, 07 3505 6000 or paulak@whichproperty.com.au. Raise the Bar on Rental Returns 2012-12-03T04:51:21Z raise-the-bar-on-rental-returns In the latest issue of Property Insight, Which Property provides insider tips on improving rental returns and boosting your property’s cash flow.   “With rental growth outpacing capital growth in all Australian capital cities since the beginning of 2006, Australian investors are enjoying strong rental returns in the current rental market,” said Mark Borrill, Managing Director of Which Property.   “Knowing the rental market you have invested in can help you understand how your property will perform in the long and short term,” explained Mr Borrill.   An additional $10 per week in rent will skim $520 off your holding costs a year; an additional $20 per week will bring your holding costs down by $1,040 annually.   A review of your investment property should consider a number of factors. These could range from your property manager’s performance to the benefit of extras, such as some type of furniture package.   Of course, increasing rent is a balancing act  - between maximising your rental return, staying competitive in the rental market and keeping quality tenants happy.   For more tips to maximise your rental income and minimise your holding costs check out the latest Property Insight Newsletter from Which Property   Visit www.whichproperty.com.au for more information.   For further information contact Paula Key, Marketing Director, Which Property, +61 7 3505 6000 or info@whichproperty.com.au. The Power of Property Depreciation 2012-09-20T05:03:58Z the-power-of-property-depreciation As tax time is winding down, a leading tax depreciation expert urges investors to make sure they aren’t missing out on tax concessions.A staggeringly high proportion of investors are unaware that they are able to claim property depreciation as a tax deduction and subsequently miss out on the available tax credits.Director of BMT Tax Depreciation, Bradley Beer, points out: “Research shows that 80% of property investors are failing to take advantage of property depreciation and are missing out on thousands of dollars in their pockets.”Many investors fall into the trap of thinking that depreciation is only relevant for brand new properties. New properties have a higher depreciation rate than older properties. It’s one of the principal reasons why many savvy investors prefer brand new properties in their portfolios. Nevertheless, whilst the benefits are greater for newer properties, it’s generally still worthwhile claiming your depreciation on older properties. Organising a depreciation report for your investment property could be the difference between turning a negatively geared investment into a neutral or positively geared asset and possibly providing you with a positive cash flow against a property with negative cash flow.In the latest edition of Property Insight by Which Property, eliminate the confusion surrounding this often misunderstood topic of tax depreciation and increase your understanding of how to claim your depreciation benefits — even if you haven’t claimed before.View the latest edition of Property Insight.For more information, contact Which PropertyEmail info@whichproperty.com.auPhone +61 7 3505 6000Website www.whichproperty.com.au 2012 Market Exposé 2012-08-07T04:26:35Z 2012-market-expose Registrations are now open for Which Property’s complimentary 2012 Market Expos series. This August, Which Property will be hosting a series of three informative evenings which will provide fresh insight into three hot property topics as well as an opportunity to consult with some of the industry's leading experts. Which Property believes the cornerstone to a sound property investment is research. The three hot topics and presenters have been hand picked by Which Property Managing Director, Mark Borrill. The informative series will commence with ‘Self-managed Super & Property: Wealth Building’. Nick Stathis of Portfolio Financial Group will investigate self-managed super as an investment strategy with the potential to eliminate capital gains tax and create a tax-free retirement income through property. The following two evenings will be presented by industry thought leader Jon Rivera of independent research group, Urbis. ‘The Brisbane Property Market: Here to Where?’ will provide insights into Urbis research fundamentals and selecting prime growth areas in Brisbane. The concluding evening of the series, ‘Resource Regions & Property: Sustainable Growth?’, will outline top tips for regional analysis and case study the Gladstone region. For more information on the 2012 Market Expos series, contact Which Property on 07 3505 6000 or visitwww.whichproperty.com.au/augustevents. Investing In A Mining Region: Risky Or Resourceful? 2012-07-06T04:19:51Z investing-in-a-mining-region-risky-or-resourceful In the latest edition of Property Insight, Which Property shone a torch on mining regions and what to watch out for when considering investing in a resource-rich area. There are many decisions to be made when investing in property, but perhaps the most difficult is deciding where to invest. As with any investment, purchasing property in one of Australia’s mining regions comes with an inherent risk factor. However, these growing areas can offer fruitful returns for investors if the location and property are selected with caution. Which Property recommends following three rules when investing in a mining region:1. Avoid locations with a single resource or mineWhen mining towns rely on a single resource or mine, there is a higher risk of the resource diminishing or sudden mine closure.2. Steer clear of one-dimensional regions Mining regions that are supported by various industries such as agriculture, tourism, education and manufacturing are much safer options.3. Review mining contracts By following the basic principles of supply and demand and ensuring several long-term mining contracts are in place, you can reduce the risk of a decrease in housing demand.“The rules of engagement when selecting a property are the same as with any real-estate market: select a quality property close to core infrastructure. Don’t fall into the trap of thinking mining towns only require basic accommodation far from the town and its facilities; remember that mining executives and well-paid operational staff actually have to live there and that higher-quality properties attract higher-quality tenants…” says Mark Borrill, Managing Director of Which Property.For the full article, read the latest Property Insight for your guide on how to choose a location that offers a lower risk. For more information on investing in a mining region or building a property portfolio, contact Which Property Phone: 07 3505 6000 Email: info@whichproperty.com.au Gladstone, as solid as Stone 2012-05-28T04:07:21Z gladstone-as-solid-as-stone Stone Apartments, Gladstone, has recently been released to the market offering 16 executive-style two bedroom apartments from $535,000. With 7 of the 16 residences already snapped up by savvy investors and owner-occupiers, Stone Apartments is looking to meet the standard trend in this mining region, with a strong sales rate. Honi Pietropaolo of Which Property says “There is a chronic housing shortage in Gladstone due to the region securing over $77 billion in mining projects and major infrastructure upgrades which are either underway or in the pipeline. Gladstone is one of Australia’s most exciting mining locations offering investors a balanced economy reliant on a diverse range of resources including coal, liquefied natural gas and nickel.” The pace of the Gladstone property market is set to continue with a projected 6000 fly-in, fly-out workers set to be operating in the city by mid-2013. With 2300 currently operating (May 2012), this will place greater pressure on the property market, further boosting capital growth and rental returns. Stone Apartments is positioned well for long-term growth, located in the Gladstone CBD and within walking distance of shops, cafes and restaurants. This boutique style development offers only 16 spacious two bedroom apartments, designed for long term residency and highly demanded by mining executives. Investor enquiry has been strong due to the projected long-term corporate lease returns of approximately 9.8%, as at May 2012 based on current market conditions. “With settlement anticipated for early/mid 2013, this is a golden opportunity to secure a Gladstone property at today’s price, with a 10% deposit, and settle next year” says Honi. Only 9 residences remain for sale with spacious floor plans of 110sqm – 132sqm and priced at $547,500 to $597,000. For enquiries contact:Ms Honi Pietropaolo Phone: 0409 935 947Email: stoneapartments@whichproperty.com.au Market stabilises as Sunshine Coast looks to mine resources boom 2012-04-12T04:09:46Z market-stabilises-as-sunshine-coast-looks-to-mine-resources-boom The Sunshine Coast property market appears to be stabilising, dropping just 0.6% in February compared to 4.4% in September. Terry Taylor from Which Property says this could be the precursor to the market improving. “Not only have we had strong sales since Christmas, but we’ve had a continuous stream of enquiries from investors and owner-occupiers about our luxury beachfront development, White Shells. This high level of interest in prestigious apartments indicates that the Sunshine Coast property market is turning a corner,” says Terry. While both sales and interest could be attributed to the negotiable pricing and high quality of the 48-apartment seafront development, another factor is the region’s commitment to riding the resources boom. The Sunshine Coast Council’s Resource Sector Action Plan, due to be finalised shortly, looks to cash in on Queensland’s mining sector by increasing the opportunities for fly-in/fly-out workers to live on the Sunshine Coast. White Shells is an example of a quality development available to these workers, being just 10 minutes from the airport, and providing a true haven away from the mines. This is just one reason White Shells has been so popular with investors and why only a handful of apartments remain to be sold. The two- and three-bedroom apartments feature high-quality finishes including stone benchtops, ducted air-conditioning and European appliances, and some boast private roof terraces. All residents have access to a rooftop terrace, with two spas, a large pool and stunning views of the ocean and hinterland. Prices for the remaining apartments have been reduced and range from $545,000 to $845,000. White Shells is located just out of Coolum on the Sunshine Coast. This is one of the fastest growing local government areas in Queensland, with the population expected to grow an average of 2.2% over the next ten years. It is surrounded by good infrastructure, including schools and a university, shops, parklands and golf courses, and the Resource Sector Action Plan promises further growth. The residences at White Shells offer exceptional value. All reasonable offers will be considered. For further information, visit the display: Corner of Merchants Parade and Seashore StreetMarcoola Beach QLD 4564 Wednesday-Sunday: 11am-5pmPhone: 07 5448 7844 Visit www.whiteshells.com.au for more information. Media contact For interviews or images Paula Key Marketing Director, Which Property07 3505 6000 or paulak@whichproperty.com.au Boost your negative gearing strategy on a new-build 2012-03-30T06:33:17Z boost-your-negative-gearing-strategy-on-a-new-build Reduce your investment costsA leading property expert is urging investors to consider negative gearing as a long-term strategy and to buy new and make the most of the Queensland Building Boost before time runs out. Mark Borrill from Which Property explains, “Negative gearing is a popular investment strategy that can help you reduce your investment-property holding costs. It is particularly effective when applied to a brand new property, which attracts additional tax offsets.” When you purchase a quality property (highly desirable location, good rental returns and strong capital growth), negative gearing is an investment strategy you can use to reduce your taxable income, making your property portfolio more manageable. “Ultimately, when negative gearing is used effectively on a well-chosen property, it will deliver excellent dividends,” says Mr Borrill. Investors can maximise their tax offsets by buying new properties and claiming depreciation costs on the building, plus its fixtures and fittings. For an in-depth explanation of negative gearing, including a case study, see the latest Property Insight newsletter from Which Property.Queensland Building Boost extended until 30 April 2012There is no better time to buy in Queensland with the Building Boost extended to the end of April. Investors may receive a $10,000 grant for every new apartment, house or townhouse bought for under $600,000 before 30 April 2012. Properties can be rented out and the grant applies to one or more purchases. Choose a five-star investment propertyWhen looking for a quality investment property to recommend to clients, Mark Borrill uses the Which Property rating system encompassing location, design and build quality, tenant appeal and potential for growth. Which Property has been connecting smart buyers with quality property for more than two decades, and has attracted more than 25,000 clients. Which Property offers investors opportunities in high-growth regions such as Sydney, Melbourne, Brisbane, the Gold and Sunshine Coasts, Cairns and Gladstone. Visit www.whichproperty.com.au for more information.Media ContactPaula Keypaulak@whichproperty.com.au07 3505 6000 Good News from the North 2012-01-18T03:09:04Z good-news-from-the-north Amid price slumps, spiralling costs and low home-building approval rates, there is finally some good news for investors and first-home buyers from the popular Northern Beaches area of Cairns. An unprecedented opportunity to purchase apartments under instruction from Receivers and Managers will see astute property purchasers snap up affordable, highly demanded properties. Brand new two- and three-bedroom apartments, just minutes’ walk from the beach, are selling from $218,000 at Clifton Beach, an upcoming suburb close to popular – and pricey – Palm Cove, and just 20 minutes from Cairns CBD. Clifton Views is a resort-style development with pools and barbecue areas, a gym, tennis court and children’s playground. Peter Shervey, Sales Manager with Which Property, says, “I believe there will never be another opportunity like this. This is quality, affordable accommodation with all the right facilities. At these prices, Clifton Views represents exceptional value for money.” Further good news is the $10,000 Queensland Building Boost, available on all new properties, including the two-bedroom apartments at Clifton Views. This grant is available until April 2012. First-home owners can take advantage of up to $17,000 in grants, making a beachside lifestyle an achievable dream.Strong indicators for good returns Clifton Views offers a limited and outstanding opportunity for buyers to capitalise on their investment. Research shows that the market in regional destinations such as Cairns has reached the bottom of the property cycle, with all market indicators signalling a recovery in the short-to-medium term. Local factors contribute to the property’s strong position – population growth in the region remains strong at 2.5 per cent, while building approvals in Cairns remain lower than 2002 levels. Mark Borrill, Managing Director of Which Property says, “Weak building approvals combined with a growing population will place enormous pressure on housing. In our opinion, this will lead to strengthening rental returns and growth. ” Cairns’ rapidly developing infrastructure is expected to create jobs and attract sea-changers. Examples of projects include the Cairns Base Hospital redevelopment and the doubling of the Cairns domestic airport. Visit www.cliftonapartments.com.au for more information. Media contact & inspection For interviews or images: Paula Key Marketing Director, Which Property 07 3505 6000 or paulak@whichproperty.com.au. Inspections: By appointment Peter Shervey 0412 597 000 or cairns@whichproperty.com.au Ultimate seachange a smart investment 2011-12-19T03:28:11Z ultimate-seachange-a-smart-investment Upgrading to a beachfront lifestyle doesn’t necessarily mean downsizing, with home-sized apartments at White Shells providing plenty of space in an unbeatable location. Perfectly positioned and never to be built out, White Shells is an intimate complex of just 48 two- and three-bedroom apartments at Marcoola Beach, on Queensland’s popular Sunshine Coast. These superior apartments feature high-quality finishes including stone benchtops, ducted air-conditioning and European appliances, and some boast private roof terraces or courtyards with heated plunge pools. All residents have access to a rooftop terrace, with two spas, a large pool and stunning views of the ocean and hinterland. The homes in this development have been snapped up by owner-occupiers and future owner-occupiers alike, and there are just eight remaining for sale. Prices for the remaining apartments have been reduced and range from $545,000 to $845,000. “This is an incomparable opportunity to enjoy Australia’s dream lifestyle, living just moments from the beach, with everything you need on your doorstep, in a spacious, quality home,” says Terry Taylor, Sunshine Coast Sales Person, Which Property. “Many apartments have been purchased now as an investment with the intention of making this the purchasers' future place of residence. The superior quality of finishes and beachfront location make White Shells an obvious choice” he adds. White Shells is located just out of Coolum on the Sunshine Coast. This is one of the fastest growing local government areas in Queensland, with the population expected to grow an average of 2.2% over the next ten years. It is surrounded by good infrastructure, including schools and a university, shops, parklands and golf courses, and the proposed airport redevelopment promises further growth. The residences at White Shells offer exceptional value. All reasonable offers will be considered and incentives are available. For further information, visit the display: Corner of Merchants Parade and Seashore Street Marcoola Beach QLD 4564 Wednesday-Sunday: 10am-4pm (Closed Christmas Day and New Years Day) Visit www.whiteshells.com.au for more information. Media contact For interviews or images: Paula Key Marketing Director, Which Property 07 3505 6000 or paulak@whichproperty.com.au.