Property Matters, July Newsletter

Welcome to the July edition of Property Matters.

Winter has now well and truly set in and we have just said goodbye to another financial year.

Focus for our property investors will now shift to preparing their tax returns for the 2018/19 financial year. With that in mind, we have included in this edition a useful guide for eligible deductions you can claim against your rental homes as well as how depreciation deductions can add value to your tax return.

As always we recommend you consult with your accountant for professional advice on the matter.

Winter also means its Bathurst Winter Festival time again!
To let the celebrations begin, we have included the program for you of this years festivities and we encourage all of our clients to get involved.

We hope you enjoy this edition!

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Real Estate updates

Real Estate is back as economists change tune. Real estate is back in favour with several leading economists suggesting the market is set to rebound as soon as the end of 2019... read more >	ghgng	Rate cut will help affordability, but governments need to consider last-buyer incentives. The good news for homeowners and investors continued with the Reserve Bank cutting the official cash rate by 25 basis points to a historic low of 1.25%... read more >	ghgngn	What property tax deductions can I claim before June 30? While there are just a few weeks to go until the end of the financial year on June 30, it's not too late to get to grips with those rental property expenses you're entitled to claim... read more >	ghgngn	Interest rate cuts increase housing affordability Great news for prospect home buyers... APRA's recent ease on lending guidelines and the RBA�s decision to cut interest rates to 1% is a major boost to housing affordability for new home buyers... read more >

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Local News

A winter wonderland awaits as the significant Bathurst Winter Festival transforms Machattie Park into an enchanted forest of entertainment. Be mesmerised on a trail of craft beer, mulled wine and gourmet foods on Saturday the 6th and 13th of July as projected lights of the Court House and the yellow brick road lead you to carnival rides, live entertainment and the Bathurst Ice Rink symphonising the winter night sky with laughter.  Rug up and join the local festivities with a program to warm even the coldest hearts. read more >

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Smart and Sophisticated

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Top 10 tips for rental property owners to avoid tax mistakes The ATO recently published advice for property owners to avoid common tax mistakes, with great tips to help save time and money... read more >		Investment property tax deductions Do depreciation deductions apply to you? Don't miss out on valuable property depreciation returns your eligible for when completing your annual income tax return... read more >		6 Quick smart upgrades can help sell your home Looking for that differential edge to snag your asking price? For under $1000 we'll show you how to boost your home's appeal to buyers... read more >

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Office News

Raeleen celebrates 15 years at Raine & Horne Bathurst Real Estate is an imperishable asset, ever increasing in value and with no exception is Senior Property Manager, Raeleen Hough an imperishable asset to Raine and Horne Bathurst. This month Raeleen celebrates 15 years as a long standing member of our team. Admitted into the Raine and Horne Chairman's Club in 2013, Raeleen's continual high calibre work and commitment is exemplary as she heads up our nine person property management team. We are proud to celebrate this significant milestone with Realeen and we look forward to share the next 15 years.	ghgng
Connect. Think. Innovate. Grow. AREC 2019 The future of Australia's real estate industry has revolusionised the approach of business; "to turn down promotion and harness the magical energy, power and influence to stand out from a crowd". Last week members of our sales team spent two life-changing days at the 2019 Australian Real Estate Conference. They gained invaluable insight into innovative thinking, visionary ideas and personal triumphs of the world's foremost real estate identities. Our team gained life strategies to lead with passion, build stronger relationships and to realise true business success.
Our Property Management Team revitalise and reset Our property management team embraced the gorgeous Hunter Valley last week. Attending R&H's Property Management Retreat, they had little time to rest but set to sharpen their skills to be  "1% Better". They engaged in an interactive approach aimed to provide invaluable insight into innovative thinking, visionary ideas and effective problem solving in day to day property management.  All smiles, our team embraced the opportunity to network with colleagues from across the state while sampling some of the best wine the Hunter Valley has to offer. Pop in and ask about the 6 Thinking Hats, Edward De Bono designed to help think together more efficiently  and make detailed and cohesive decisions...

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From the Blog

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Stamp duty changes for NSW almost here From July 2019 NSW will become the first state to tie the price brackets that determine how much stamp duty is paid by home buyers to inflation, according to a government announcement (AAP 5 November 2018) Home buyers are promised cheaper stamp duty under the first major change to the tax in 30 ... read more >		Winter Chills, Spring Thrills Folklore has it that winter is not a good time to sell, and one often sees a listing rush during autumn and a new burst of interest in spring. 2019 could be different as interest rates have had the long predicted fall and APRA lending restrictions have already been eased, each bringing a fresh... read more >

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Raine & Horne Bathurst
197 Howick Street, Bathurst NSW 2795 | Phone: 02 6331 6555 | [email protected]

View all our listings at https://www.raineandhorne.com.au/bathurst

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