Mirren Blog

Check out our Property Investment of the Month for October 2017
We have a great property investment in Bonnells Bay, NSW which is part of our Property Area of the Month in October 2017.

Our October 2017 Property Investment Area of the Month, Bonnells Bay, is a suburb of the City of Lake Macquarie in NSW, residing on a peninsula east of the town of Morisset on the lower western shores of Lake Macquarie.

Watch the latest Housing Market Update across Australia.
The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of August, released September 2017.

This month we have a great property investment in the northern Gold Coast region of Pimpama Qld, which is part of our Property Investment area of the month, the Gold Coast, in September 2017.

There seems to be no end in sight for the current boom in Gold Coast Property Investments. Recently, CoreLogic released data showing that the median house price rose a staggering 7.9% in the last year, to a record $615,000.

Seeking to improve the future of Australian families, Mirren Investment Properties, a dwelling strategist, has launched a new Strategic Partner System. This system is a “value-add” product that allows advisors to find the best investment property for their client, based on their strategy and budget.

Changes to the way landlords can claim tax-deductible expenses related to their investment property were introduced on 1 July.

More recently, there has been a trend of home owners becoming investor, using their own primary place of residence as an investment property. A recent article from our preferred suppliers, BMT Tax Depreciation, shows that 22% of all schedules submitted were for primary places of residences.

Our Finance Partner, Smartline Bella Vista, recently sent us the August 2017 Housing Market Update across the Capital Cities.
In this report, CoreLogic Research Director Tim Lawless presents for Smartline this latest Housing and Economic Data.

The NSW Valuer General recently released a Newsletter outlining NSW Land values and rates and how these are calculated based on individual councils. Check out the article below regarding this and how it may affect you.