Why Investors Matter in a Rising Rent Era

Rents Surge in Sydney’s Eastern Suburbs by Alan Weiss (35 years of real estate experience) Sydney’s rental market is booming, and nowhere is this more evident than in the Eastern Suburbs. Overall, Sydney’s median rent hit $770 per week in early 2024—an annual increase of around 9%. The Eastern Suburbs now dominate the list of […]

Updated Tax Regulations for Australian Property Owners

Timeless Blue and White Harmony

Stay informed with Weiss Real Estate on the latest ATO changes impacting property owners. Effective January 1, 2025, updates to the Foreign Resident Capital Gains Withholding (FRCGW) rules aim to enhance tax compliance and streamline property transaction reporting across Australia.

Major tax crackdown on AirBnBs

Minimalist Kitchen with Marble Statement Island

A major tax crackdown has begun in response to a record number of Australians working side jobs, earning income from Airbnb, Uber, and other sharing economy services. In addition, thousands writing off their rental properties for tax purposes.

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