#Plumber Chadstone | Explore Tumblr posts and blogs

frienddebtor54-blog · 6 years ago

Text

The Real Estate Conversation

There has never been a better time for first home buyers and would-be investors to buy a house in Darwin, according to CoreLogic data. Darwin's declining population is weighing on the property market, Quentin Kilian, chief executive of the REINT, told SCHWARTZWILLIAMS. The Darwin real estate market has bottomed, so local owners should feel less pressure to take the first offer that comes along, says Glenn Grantham, general manager, Raine & Horne Darwin. Elaine Mills speaks to SCHWARTZWILLIAMS about the innovations she has introduced in her business, including employing virtual assistants in the Philippines to do the administration for her property managers. Karl Secondis of One Real Estate, Darwin, has been a successful agent for more than 20 years.

The "negative gearing" of investment properties is not well understood by the general public, and I also tend to think that most residential investment properties in Australia, are not negative geared for taxation purposes. They are purchased to provide positive income, investment, and security for the future. It seems that some of the aged persons over 65, that are not collecting an aged pension, are the ones that own residential investment property. Negatively geared, not on your life. In many locations through-out Australia the capital growth of property is quite low, so owning a rental property that is rented at a loss becomes a liability. Every year, there will be business' that run at a loss, and it would be virtually impossible to identify an "intentional loss for taxation purposes". The ownership of investment properties is with-out doubt, one of the prime sources of "intense jealousy" between various people within the Australian community. This is probably why the issue of "negative gearing" of property has become so intense.

Every year Forbes publishes the list of the richest people in Australia. 2009 showed a drop in the number of billionaires (we're down to 9) but despite the changes in the economy these entrepreneurs proved that fortunes can still be made. Almost everyone on the list started out with a small venture that eventually flourished with dedication and a mind-set to defy the odds against making it big. They are an inspiration to Australians everywhere with dreams of success to hold their course and just keep going. 590 million at the age of 84? Mr. Alter landed on the shore in 1949 right out of Poland and hurried up to get a job, 2 jobs as a matter of fact. A bit later he bought a couple shops and a bank near Melbourne. Yes, that's right - a bank!

Currently his son, Sam runs his Pacific Shopping Centers and manages his portfolio of prime retail properties in the vicinity of Melbourne and Adelaide. This wealthy Oz tycoon likes things that give you a buzz. He started out on the path to fortune as a coffee farmer but really made himself known with the Rosemount Estates winery. In 2001 he sold off the entire kit and caboodle for cash and stock to Southcorp. He turned around in 2003 and flipped the stick to Foster's as a means to buy Hamilton Island. He has taken the cup in the Hobart-to-Sydney race 4 consecutive years with his yacht, Wild Oats.

He keeps himself occupied with exporting his name-brand wines to the U.S. This sister and brother team was fortunate to have a father that discovered some tremendous iron ore deposits in Western Australia. Rio Tinto's Hamersley mine provides them and other family members annual royalties. Wright's primary concern is his Voyager Estate winery. Rumor has it that as a teenager Mr. Van Lieshout left school to work at a job unloading bananas. After moving from his native Holland he eventually started up the Super A-Mart furniture chain which he sold in 2006. Currently he is in the market for Brisbane real estate. Len Buckeridge is synonymous with BGC Group, a major home builder in Western Australia.

200 million private port. 600 million. He stirred up some scandalous talk when accused of making payments in secret to a Queensland politician. He denies the bad news. Mr. Harvey started dropped out of agricultural college to sell vacuum cleaners door-to-door. He later co-founded Harvey Norman, the electronics retailer. The CEO is his wife, Katie Page. He is a horse man, with a stake in the thoroughbred auction house, Magic Millions. 200 million. The return on the flagship fund has been 11% annualized. Mr. Perron sold handkerchief boxes after dropping out of school and later tried to make a go as a plumber. Australian Investment Properties didn't really make it big until being gifted with a Toyota franchise from a former boss. He established dealerships all over Western Australia and now invests in real estate.

Fox is a former pro in the Australian Football League and got started on his way to wealth by selling soft drinks from a truck. He founded the largest logistics company in Australia: Linfox. He enjoys classic cars - has 130 of them. Stokes is the primary dealer of Caterpillar equipment in Australia. He adds to his fortune by his stake in media group, Seven Network. Lately he has been attempting to grab up Perth's Western Australia Newspapers. Originally from South Africa, Neilson set up Platinum Asset Management in 1993 with George Soros backing him. 500 million. His next plan is to open a contemporary Chinese art museum. Along with other family members she benefits from her late father's mining assets: Rio Tinto's Hamersley Basin Iron Ore Mine.

Rinehart also owns a direct stake in the family company Hancock Prospecting. Pratt was at one time a McKinsey consultant and ran Visy Industries U.S. 20 years. He is now co-chairs the packaging kingdom with his mother, owned in entirety by his family. He co-owns the global operations with his two sisters. 1 richest person in 2008. Sadly he lost his position due to decreasing iron ore demand which affected shares of his Fortescue Metals Group. A Chinese steel group recently took ownership of part of the company. There was a bit of scandal around the deal which he denies.

Gandel owns prime real estate - lots of it, including half of Melbourne's Chadstone shopping mall and a stake in a trust that owns the other half. Rumor has it that his private home is the priciest in Melbourne. Known affectionately as "High-Rise-Harry", he is Oz's apartment building tycoon. He was born in China to Russian parents and started his career as a taxi driver. He now owns hundreds of flats in Sydney and North Shore. Lowy is another one of the country's real estate moguls as well as the president of the Football Federation Australia. He is a Czech immigrant and founded the Westfield Group real estate company. 3 billion and that's not shabby. Let's hear it for the young guy! What has this dude not done? Packer is heir to his late father's media group, Publishing & Broadcasting. 300 million and has shares in Consolidated Media and gaming company, Crown. He also has a joint venture going with Hong Kong's Lawrence Ho.

Casual Lunch, 2 p.m. Perhaps inspired by Melbourne, whose narrow lanes are known for their hip cafes and boutiques, Adelaide’s side streets are having something of a moment. Experience the vibe on Ebenezer Place, which is lined with an eclectic mix of businesses; last year, a popular suburban establishment, Parwana Afghan Kitchen, opened a sister restaurant, the pint-size Kutchi Deli Parwana. 9.50 at 1.36 Australian to the U.S. On a sunny day, order a few dishes and take a seat on the sidewalk to soak in the atmosphere. 2. Arty Afternoon, 3 p.m. The Art Gallery of South Australia houses an expansive collection in its stately building on Adelaide’s North Terrace, a leafy boulevard lined with grand monuments and University of Adelaide buildings.

Inside, admission is free to most exhibitions, and you can browse Australian, Aboriginal and European art, and even a small Islamic gallery. If you’re in town early in the month, you’re in luck: The museum stays open until 9 p.m. First Fridays, with a festive program of live music, guided tours and talks with featured artists in the evening. 3. Pedestrian Promenade, 5 p.m. Adelaide’s main promenade is Rundle Mall, a long pedestrianized artery, home to the city’s best shopping and restaurants. 4. Handmade Haven, 7 p.m. For a souvenir that reflects Adelaide’s creative spirit, pop into Urban Cow Studio.

Its rooms have creaky floorboards splattered with paint and are cluttered with jewelry, housewares, canvases and more, all handmade in Adelaide by more than 150 local artists and artisans. Look out for funky Elodie Barker ceramic mugs (44 dollars each) and hand-poured soy candles in coconut, espresso and mango papaya scents (30 dollars for medium, 40 dollars for large sizes), or browse exhibits by local artists. The location also houses the Howling Owl cafe and the comedy club Rhino Room. 5. Out of Africa, 8 p.m. One of the city’s top chefs is an import from South Africa, and since he opened Africola in November 2014, Duncan Welgemoed has been bringing the flavors of his home country to Australia. Africola’s interiors are a nod to the shebeens (taverns) of the townships, with colorful murals, repurposed Coke bottles (here doubling as chile-sauce dispensers), bright fabrics and plastic menus illustrated with Mandela motifs.

A Sydney real estate agent will face a string of charges in court next month after she allegedly stole a credit card from a house inspection. The woman, 38, allegedly took the victim's bank card when showing potential buyers a property in the northern beaches suburb of Dee Why on Saturday. Police will allege she asked the current occupant of the residence to vacate the premises during the hour-long open inspection. 3,200 in a frenzied shopping spree in the area. That night the man was contacted by his bank to advise him what appeared to be suspicious recent activity on his credit card,' Northern Beaches acting crime manager Guy Magee told The Manly Daily. The man was told there had been a series of tip-and-go purchases on his credit card in a period of a few hours at retail outlets in Dee Why, Collaroy, Narrabeen and Avalon.

Australia’s resources boom has seen all eyes turn to Perth in recent years - and the Western Australian capital city is known as a dynamic, metropolitan area with a population of some 1.7 million people. As the nation’s fastest-growing state, WA is focused on development - and nowhere in the state is as focused on business, culture and arts and entertainment than Perth. Real estate in Perth - where to start? When it comes to Perth real estate, there are many factors to consider - and with so many suburbs to choose from, you might want to begin by choosing the lifestyle factors that are most important to you.

If you’re keen to get out and about on WA’s famous beaches, you might want to start your Perth property search in Cottesloe. As one of the city’s most prestigious suburbs, you’ll find a great mix of housing types here - offering close access to more than three kilometres of stunning beaches. There are plenty of amenities to be found along the waterfront - including numerous restaurants and cafes. Alternatively, outdoor enthusiasts might want to investigate the Perth real estate on offer at City Beach, which is situated 11 kilometres from the Perth CBD. Boasting plenty of natural bushland and excellent sports facilities at City Beach Oval, City Beach is part of the Town of Cambridge and has plenty to offer residents who love to be active.

A waterfront alternative to Perth’s main beaches are its riverside suburbs and Attadale - which is located nine kilometres from the CBD on the south bank of the Swan River - is particularly appealing. Attadale offers a pleasant blend of the best the city has to offer - Perth property dwellers here enjoy views of the CBD, as well as ample riverfront - which includes cycling paths and walkways. While one and two-storey family homes are the norm here, units and villas can also be found - ensuring there is something for everyone. Whether you’ve decided to relocate to Perth or are simply looking to make an investment, the agents at Ray White can help. With more than a century of experience under our belts, we are well-equipped to help you through every stage of the process, whether you are buying, selling, renting or investing. We’re responsible for approximately ten per cent of all real estate transactions in Australia - and you can rest assured that our commitment to our customers is evident in everything we do.

Owning property has long been the Australian dream and regarded as a pretty safe investment. But a number of Australians have been hit by criminals who have sold their house through simple identity fraud, then pocketed the profits and disappeared. Recently a house in the Canberra suburb of Macgregor was offloaded through a South African-based real estate scam without the owner’s knowledge. The owners, who are based overseas, only discovered their investment property had been sold when they contacted their property manager to query why rental money hadn’t been paid. Canberra Police are now investigating a series of exchanges which resulted in the fraud and the disbursement of funds.

“The absence of the home owner and an inability to personally review documentation which may be fraudulent provides leverage for the scammers to operate. Police would urge home owners residing overseas or travelling overseas for a lengthy period to establish robust protocols which protect and confirm their bona fides,” ACT Police said in a statement. In late July a 46-year-old man was charged with fraud after allegedly falsifying his identity to sell two Gold Coast homes which didn’t belong to him. Earlier this year NSW Fair Trading Minister Stuart Ayres issued a warning to property owners and real estate agents about scam emails being sent to landlords living overseas.

“The scam email advises agencies of managing landlords to forward forms to them to complete and return to the scammer,” he said. A run of these types of scams resulted in a group of Western Australian property owners being defrauded of their properties. 240,000 unit at Perth suburb Mandurah. Allegedly the trio changed the owner’s contact details and subsequently made a request to sell the property. An offer was received for the property but the scam unravelled when a contract was sent to the rightful owner - luckily by mail, and before deeds or funds had changed hands. Cutajar said there was a real risk in Australia’s property market of scammers stealing their title and selling or mortgaging their property without their knowledge.

He said it all starts with identity fraud. The scammer acquires fake birth certificates, Medicare cards, passports and drivers licences in the home owner’s name. Cutajar said the forms of identification only need to look real because a real estate agent or solicitor are only going to sight the documents. Discovering your house has been fraudulently sold to an innocent buyer makes recourse complicated and difficult. “In almost all of the cases it has resulted in litigation,” Cutajar said. “In some instances they may go against the owner, in some instances they may go against the real estate agent that sold it.

0 notes