Friday 30 September 2011

Investment Properties: Negatively Geared AND Cash-flow positive.

For some reason, not many people have heard about the NRAS (National Rental Affordability Scheme) but it is one of the biggest opportunities for investors available today.  In short, if you purchase a new property and place it on the rental market at a 20% discount to market rates (i.e. if the market rent is $375 per week, then you rent it out for $300 per week) the federal and state government will give you just over $9,000 each year for ten years.  So in the example above, by sacrificing $75 per week ($3,900 per year) you will get $9,000 in return...  The best part is that the $9,000 comes tax free so it is possible to negatively gear the investment but still be cash-flow positive, and claim depreciation to boot.  There has been concerns that NRAS properties are only available to particular segments of the market, however I'm pleased to point out that the NRAS properties are offered for rent on the open market, so owners still get to select their tenants. 
We have several NRAS properties available for sale now, e-mail to find out more!

-Ash McAuliffe
ash@goggin.com.au 
0457 302 260

Wednesday 28 September 2011

20 MacDougall Road, Golden Square (Subdivision Potential)

Price: $289,990
Here is that property you have been searching for.  With character aplenty, this 3 bedroom Victorian will impress.  Set at the front of this1233sqm allotment this home features a charming bull nose verandah with refurbished deck and gorgeous cottage garden.
Stepping inside you will be impressed with the fresh paint throughout and 12' ceilings and old world fire place in the main bedroom.  The ceilings are timber lined throughout along with magnificent hard wood floors.
At the rear of the home is an updated kitchen with 900mm stainless steal oven, bosch dishwasher and ample bench space.  A sun room at the rear of the home, refurbished bathroom, ducted heating/cooling,a large living room and a 6x4m shed at the rear make this one that ticks all the boxes

.http://www.goggin.com.au/buying/VIC/Greater-Bendigo-Region/Golden-Square/House/1P0708

Tuesday 27 September 2011

Bendigo property performs well

With all the doom and gloom in the media about property prices, it's good to know that Bendigo is still going strong. While the growth in property prices over the City of Greater Bendigo stayed fairly steady, some suburbs showed double digit growth between June and August.
At the top of the list is North Bendigo with 21.1%, with White Hills and Epsom close behind with 19.7% and 17.6% respectively. Strathfieldsaye had 15% while Strathdale and Kennington were strong as usual with 13% growth.
It just goes to show that location is still the most important factor is buying and selling real estate.
-Ash McAuliffe
source:RPData.

Friday 23 September 2011

NEW MOBILE SITE

If you have a smart phone or tablet, check our new mobile website at www.goggin.com.au or mobi.goggin.com.au, you will find our open house times, search our homes for sale and get the contact details of our sales agents.

Great Weather for a Pool!

Come and check out the pool and deck at this great townhouse in Grevillea Avenue tomorrow at 3:15pm-3:45pm.

3 Bedroom Townhouse in Kennington



Check out this great townhouse in Kennington, open this Saturday at 2:00pm - 3:00pm.

Big Weekend ahead!

Hi all,
This weekend see's  some fantastic new listings with Ash, Paul and Tom Maher working the all weekend!  Get out and have a look.
Check out the Bendigo Weekly or www.goggin.com.au for all the open times.

The Goggin Team, "We Get Results"

Wednesday 21 September 2011

SPRING IS HERE!!

This month has been another big month for the team at Goggins.  We have seen some fantastic sales throughout Bendigo with some exciting listings that we have put on the market and some also coming soon!!
The Goggin Team. "WE GET RESULTS"

Better Returns For Property (written by Enzo Raimondo)

Hi all, here is a great article written by Enzo Raimondo (REIV ceo).  Enjoy!! 
The Goggin Team. "WE GET RESULTS" 

The recent falls in the stock market, both here and overseas, are a timely reminder about the benefits of diversified investment portfolio which includes property.
The last 20 years have shown that investment in Melbourne property has provided better returns than the stock market, a factor that will provide further comfort to property investors.
A recent study by Dr Ashton de Silva and Professor Gavin Wood published by RMIT University showed that, in addition to satisfying the basic need of accommodation, housing was also a very solid long-term investment.
Their study compared the typical rates of appreciation across 108 different segments and 500,000 sales between 1990 and 2010. This period of time includes the 1991 recession, Asian Financial Crisis, the 2001 recession and the recent Global Financial Crisis.
The outcome was compared to that gained from a balanced portfolio of Australian shares as measured by movements in the Australian All Ordinaries Index over the same time.
The study showed that that the quarter-on-quarter percentage increases for property was 1.6 per cent compared to 1.3 per cent for shares.
Not only were the returns greater but they were subjected to less volatility (view the graph).
The study also found that in over 80 per cent of the market segments reviewed there was very little or no correlation between the share market and returns from the residential  property market. This means that broadening an investment portfolio to include property is likely to provide not only stability to the outcomes but can also help to counter balance significant shifts in the stock market