Negative gearing cost falls on low interest rates

Negative Gearing

The Tax Office statistics show net capital gains being reported by taxpayers jumped 37 per cent to $14.4 billion, far faster than the rise in the property or stock markets. The cost to the federal budget of negatively-geared rental property deductions has fallen 12.5 per cent to $10.9 billion, the lowest level in four years because of record […]

Regional lifestyle property markets rising.

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Equity-rich Sydney and Melbourne homeowners may help boost Australia’s coastal lifestyle markets. CoreLogic research analyst Cameron Kusher says some areas are starting to show growth although regional housing markets are a mixed bag. “Newcastle, Wollongong, the Richmond-Tweed region in northern NSW, the Gold Coast, the Sunshine Coast and Cairns are probably the most notable regional […]

Outdoor living: 3 key ways to add real property value.

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Outdoor living in Australia goes hand in hand with our laid back, social lifestyles, and a relaxing, practical, inspiring outdoor living space has become an essential inclusion in our homes as we look to enhance both our lifestyle and our property value. Here are the top three ways to maximise your outdoor living area, which […]

Discover a New Paradise

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Now seeking expressions of interest for Batehaven Luxury Apartments, located at 236 Beach Road, Batehaven. Located approximately 4km south of Batemans Bay, these 1, 2 and 3 Bedroom Luxury Apartments are available Fully Furnished with Dual Key options to allow flexibility in renting. Boasting a picturesque beach backdrop, these apartments are the perfect holiday home […]

MMJ Real Estate announces new Melbourne office as it continues the expansion of its national commercial network.

MMJ Real Estate Melbourne

MMJ Real Estate has announced the opening of a key CBD commercial office in Melbourne, bolstering the company’s rapidly expanding national network. The addition of the Melbourne office completes MMJ’s east coast offering, with its commercial platform now comprising of six offices in Sydney, Melbourne, Brisbane, Perth, Canberra and Wollongong. MMJ Real Estate Chief Executive, […]

Is Wollongong emerging as the next commercial real estate investing hot spot?

Wollongong Property Market - MMJ Real Estate

Wollongong could be the prime location for anybody looking to break into the world of commercial real estate investing according to one property services firm. Increased demand for office space in the central business districts of Sydney and Melbourne has resulted in declining vacancy rates and increased rents in those cities, and as a result […]

Illawarra Residential & Commercial Properties sell for above $6,550,000 in one night.

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3 residential blocks of flats successfully sold at the MMJ Auction on Wednesday night held at the Wollongong Golf Club for well above reserve prices. 60 Grey Street, Keiraville consists of a block of 6 flats located within the Keiraville Village and a short walk to the university sold for above $1.8 million. 98 Corrimal […]

Wollongong’s Commercial Market Attracts Outside Investors

High interest: This Market Street, Wollongong, building has attracted potential buyers from Sydney, Canberra, Western Australia and Queensland.

From the Illawarra Mercury, 20/02/2015 – The trend of investors outside the region showing strong interest in Wollongong’s commercial market continues with the impending sale of a well-known building in Market Street. MMJ Real Estate Wollongong’s Travis Machan said the sale of a six-level commercial office building at 83-85 Market Street had attracted the attention […]