Blog

March 18, 2020

MCGEES PROPERTY – CONTINUES TO BE OF SERVICE!

In the current climate, McGees Property are actively working with our customers and clients to maintain continuity.  We are moving forward with a proactive approach to help contain the impact of this pandemic in our office while ensuring we are still able to provide all of your commercial property needs.

  • We are liaising closely with our clients and customers encouraging clear communication between all parties.
  • We are monitoring closely World Health Organisation and Government advice.
  • We have developed an appropriate risk management plan...

    FULL ARTICLE

March 17, 2020

FOREIGN INVESTMENT IN AUSTRALIA

With the economy in a (reasonably) healthy position and the government taking at least some measures to nullify the slowdown, investor confidence has strengthened in commercial property markets. The next few years will improve the performance of the commercial property investment sector and allow it to develop without limitation.  Australia is no stranger to foreign investment, and in the last ten years, it has increased immensely. If someone was to ask you where foreign investment dollars came from, could you answer?

Where...

FULL ARTICLE

March 17, 2020

HOW IMPORTANT IS YIELD FOR COMMERCIAL PROPERTY INVESTORS?

With record-low interest rates and a share market filled with volatility, commercial property has recently become an investment for anyone looking to park their cash and make some returns.

Although not every type of commercial property offers up decent yield in comparison to others if you’re investing and love cash flow, the asset type you purchase, and its location will be the difference in yielding high or low in return. Yield is the one obvious reason to invest.

So, what is yield? 

The...

FULL ARTICLE

March 17, 2020

IS BRISBANE SET TO BOOM?

The Brisbane market is showing sizable improvements and seems to be ready for a well-overdue boom. Every significant statistic illustrates enhancement in the Brisbane property market and prices are projected to climb this year.

In recent years, many experts had forecast a boom, but Brisbane has lacked the essential growth drivers that improved markets in Sydney and Melbourne in recent years.

The last five years have seen commercial and industrial real estate achieve double-digit capital growth, and this year is already looking...

FULL ARTICLE

March 17, 2020

MARKET OVERVIEW: MCGEES OPINION

Australian commercial property experts have maintained an optimistic outlook on investment values for the coming 12 months. However, the price of retail assets is expected to deteriorate further, according to new studies.

The studies carried out by RICS in Q4 2019, surveyed professionals working in the property sector, to better understand market confidence. The results offered the strongest stance for commercial capital values since Q1 of 2018.

Investor outlook edged higher to +8, while owner-occupier remained near zero. Finance availability was one of...

FULL ARTICLE

March 17, 2020

MARKET OVERVIEW: THE STATS

The latest research in the commercial market across Brisbane, completed by CoreLogic, shows that although total sales figures have fallen, the number of property sales has increased. Throughout November, December and January, 36 sales totalling $805.9 million were made.

The previous three months to November recorded just 16 sales but had a total of more than $1.4 billion. The last 12 Months (Feb-Feb) recorded $2.93 billion in sales, up three-quarters of a billion dollars on the previous year.

Recent Sales

This quarter saw...

FULL ARTICLE

February 17, 2020

Abolishment Of Negative Gearing?

Negative gearing has become an increasingly popular investment strategy for Australians over the past few decades.

Proposals made by Labor before the last election suggested that negative gearing benefits for those using it for tax minimization would be drastically reduced.

So, anyone thinking about investing in property as well as those who already have an investment portfolio may be concerned about negative gearing one day being abolished in Australia.

What Is Negative Gearing?

Negative gearing is when net rental income after property maintenance expenses...

FULL ARTICLE

February 16, 2020

Taxes & Commercial Property Investment

One of the foremost advantages of commercial property investment is the generation of cash flow without any focus on the outgoings.

Individuals who invest in commercial property pay tax at their marginal rate on all net rental income earned, as well as capital gains tax on any profits made from the sale of that property.

Buying commercial property also means that you can benefit from negative gearing, allowing you to offset any investment property losses against personal taxable income. Not only will...

FULL ARTICLE

February 15, 2020

About Capital Gains Tax & Commercial Property Investment

Capital Gains Tax is not a separate tax, but rather part of the income tax liability of anyone in the commercial property market. Capital Gains Tax is the difference between the original price paid for a property and how much it was sold for.

To work out how much Capital Gains Tax to pay, the gross sale price is deducted from the cost base, which is the sum of the original property cost, less any incidentals, and costs for ownership, title,...

FULL ARTICLE

February 14, 2020

Property Investors Need Better Understanding Of Climate Risk

Climate change is on everyone’s minds at the moment, so we thought we’d discuss this in a bit more detail. Will climate affect property investment? The following is based on recent research and events:

The long-term effects of Climate Change such as bushfires, heatwaves, and flash flooding are already being experienced in Australia. According to data from the Bureau Of Meteorology, 2019 was Australia’s hottest year on record and twenty of Australia’s warmest recorded years were all in the most recent...

FULL ARTICLE

184 found - Page 1 of 19