Real Estate News


How to prepare your investment property now that tax time is here


Tax time is upon us and many Australians are once again finding themselves unprepared. If you have an investment property, then your accountant is relying on you to provide them with a slew of accurate information to help them maximise your returns. Whether you’re new to owning an investment property or simply know you’ve been a little lax in past years, this guide will help you to be prepared for this next financial year and into the future.The documents you should have at the readyTo help you make the most of your investment property, you’ll need to keep detailed records of all your expenses. When you’re preparing to head in for your appointment with your accountant, be sure to bring along your loan documents. If your property is new, you’ll need to take along the records from your sale, including your contracts, conveyancing documents, borrowing expenses, title deed, depreciation schedule (if you have one) and a record of any additional costs that went ...


5 ways to cut down energy costs in the kitchen


Rising energy prices are hitting Australians hard. If you're looking for ways to cut your power bills, you have more options than just using your heater less or unplugging your TV. Focusing on the kitchen can help you score some relatively easy energy-savings goals.Here are five tips to make your kitchen energy efficient and cheaper without resorting to a life of cold canned dinners.Boil only what you needAn electric kettle uses more energy to boil more water. So if you're just making a cup of tea there's no need to put 1.5 litres of water in the kettle. Limiting the water will save you electricity and boil your water faster. Less money, faster tea. If you're boiling something on the stove, cover the pot with a securely fitted lid. This keeps the heat in and speeds up the cooking process, using less energy and also taking less time. If you're heating up a small amount of food, a microwave is probably the most energy-efficient way to do it. Look to the star ratingsBuying newer ap...


Decluttering tips that actually work, according to a professional organiser


Just like a clear inbox can make you feel more efficient, a well-organised home can boost your productivity levels.To help you start on the right foot, we tapped professional organiser Shira Gill to give us decluttering tips to organise every room in the house. Best of all, you can tackle it all in one weekend – no need to wait for spring-cleaning. In the bathroom Divide and conquer: “Take everything out of the medicine cabinet, and clear out drawers and shelves so you can edit before you organise,” Gill says. “Make sure to take the time to toss expired makeup, first-aid products, and medications. Once you have edited, you can relocate extra towels, occasional-use products, first aid, and medications into labelled bins in your linen closet. Drawer dividers or shallow bins will keep your toiletries and makeup organised in the bathroom.” Store fewer, better products: “Treat yourself to high-quality makeup, perfume, hand soap, and bath products, sinc...


Spring home decor trends - What's in this season!


A fresh season means a fresh start, so why not begin in the home? Interior designers from online interior design service Milray Park have rounded up the five top trends set to be big in the interiors world this spring, including some expert tips on how to bring them into your own home.So open the windows, let the warm air in and check out what's on trend this season!1. Bold interior colour schemes.'White and grey walls are timeless', says Milray Park Designer Amanda Smythe. 'But if you have grown tired of your neutral interior, perhaps it is time to go for a moodier scheme', Amanda suggests. 'Bold schemes are currently gaining more attention. One of my favourite interior paint colours is Obsidien from Porters - a beautiful blend of navy and black that puts the spotlight on decor and provides a striking contrast to whites and neutrals', Amanda advises.Amanda suggest, 'It may also be time to move away from feature walls, a tired trend that gives the impression that the budget did not qui...


Commonly missed deductions


Depreciation is a complex area, so unless you’re a specialist Quantity Surveyor or a qualified Tax Accountant, it can be hard to wrap your head around it. As such, investors miss deductions all the time, meaning they could be losing out on thousands of dollars. Research shows that 80 per cent of property investors are failing to maximize the deductions claimed from property depreciation. So why are so many investors missing out and what deductions commonly go missed? Why are deductions missed? There are a few reasons why deductions may be missed or not maximized. The first is that many investors remain unaware of depreciation and that it’s even a valid claim. This is possibly because it is a non-cash deduction, meaning the investor does not need to spend any money in order to make a claim. Furthermore, they may not realize the significant deductions available and may falsely consider it a minor claim not worth their time. They may not be getting a specialist to p...


Top 4 Australian interior design trends for 2019


As we look over the yearbook of trends that were for 2018, we counted industrial style, pastels and marble among the favourites. For 2019, however, the interior genii are reporting a shift in the approach to colour and texture.Pastel aficionados and marble enthusiasts can breathe easy, these trends are still around for 2019, however, they’ve taken a turn as sorbet shades mature into dusty, dirtied and chalky varieties and marble heads into more adventurous territory.To get the sketch on the direction interiors are heading in 2019, we caught up with two renowned Australian interior experts to find out the newbie trends you’ll want to try. Colour grows up in 2019While the earthy colours and pastel hues of 2018 are still en vogue, in 2019 we can expect colour to come with a big dose of luxe and a grown-up edge (yep, millennial pink, you are well and truly out!).“Pastels will be big in 2019 with warmer gold tones and muted apricot against tan,” says David. ...