Properties are discounted for several reasons.

- The original listing price was set too high.

- The property is sub-standard and nobody else wants it.

- The property is a ‘niche property’ and there are limited buyers for it.
 
- The seller wants a quick sale.

- Prices have fallen due to softening market conditions.

Buying investment properties has proven to be a great way to build wealth over the long term, with some suburbs doubling in value every seven to ten years.

This article was written by - Micheal Matusik - The Matusik Snapshot http://www.matusik.com.au

Slow yes, crash no.

I am increasingly asked if I think the Australian residential property market will follow overseas markets where values have fallen sharply (by over 20% in many European countries and parts of the United States) since the GFC. 

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Damien Holliday Buyers Agent

Act quickly to make sure you’re not affected by new tax laws.

Land tax bills are never welcome, but if your property is in Queensland and you rely on a trustee, you could be in for a nasty surprise this financial year. We asked Rob Lalor at Redchip Lawyers, a leading Brisbane-based firm, to share his insights into the impact of new land tax laws on trusts.