22/06/2026
Some food for thought on the current housing market- yes auction clearance rates are down but this does not necessarily reflect sales. In turbulent times it is best to have a finance clause in your contract instead of an unconditional contract ( protection if you are an investor and bank not factoring in negative gearing for example or first home buyer and rates changing affects borrowing capacity) then changes to capital gains lots of scare mongering there by the media but possibly you could pay less tax under this scheme than the old one but the formula is complicated- suggest you discuss that with your accountant!!! Yes negative gearing will have some affect. And now lastly the media is banging on about house prices will drop. Now remember this is the same media that were going on daily that housing prices may drop by 40% because of Covid and we all know how wrong that was they increased. Now explain how prices will drop the housing shortage has not suddenly disappeared but saying the market may correct doesn’t make sensational news headlines. Look at things with a level head historically housing in Australia is a growth asset. If you are looking to purchase don’t expect some magical discount of $200k for example. Housing is a long term asset not a quick fix What do you think
