Thank you for the 5 Star Testimonials – Redbank Plains QLD – LJ Gilland Real Estate 🏡

⭐️⭐️⭐️⭐️⭐️

Excellent – above & beyond expectations

Linda and her team have managed our investment property from Day 1. They have been totally organized, prompt and responsive to any requests during the rental period. Excellent vetting of tenants, with proactive management of the property. 12 months ago we were ready to sell, however Linda’s guidance and advice suggested we should wait – which we did. Recently we decided to sell – that advice gained us an additional, yes additional, 60% over what we would have achieved previously. Very happy with her professionalism, knowledge & guidance.

⭐️⭐️⭐️⭐️⭐️

Carlos and I are very appreciative and thankful for your kind words. As a team, LJ Gilland Real Estate were privileged to look after your Investment Property, treating it as if it was our own. Please stay in touch with us for many more years as our relationship is more than just the long term business, it’s a loyal trusting friendship. Thank you.

https://www.ratemyagent.com.au/real-estate-agency/lj-gilland-real-estate/property-listings/26-daryl-reinhardt-st-redbank-plains-afxszs Guess we hit the #brisbane #channel #nine #news from #sunday 24-3-2019

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Please check out this #great #buy in #redbank #plains

26 Daryl Reinhardt Street, REDBANK PLAINS QLD 4301

#testimonials #property-investors #valued #landlords #referrals over 22 years #word-of-mouth #family #realestate

Rental house property management and sale.

Vendor Review – Recommended by HowardJeanelyTatters

15 Feb 2017

Ten years we had our rental property, L.J Gilland managed it, in all that time we never had a bad renter in our house because the applicants were carefully chosen. When it came time to sell, we had L J Gilland to handle the sale, they did low cost advertising because they have a large data base of investors who they contacted about our house which gave us a quick sale and at a price we were very happy with.

No hassle agency

Buyer Review – Recommended by AbidRasheed

22 Feb 2017

Very responsive, prompt and easy to deal with. Don’t try try to overdo things and quite

11 Reynolds Cl, Redbank Plains, QLD, 4301

https://www.ratemyagent.com.au/real-estate-agent/lj-gilland-real-estate/reviews/11-reynolds-cl-redbank-plains-aafwtr

https://www.ratemyagent.com.au/real-estate-agent/lj-gilland-real-estate/reviews/11-reynolds-cl-redbank-plains-aafu86.

26 Daryl Reinhardt St Redbank Plains Managed and Sold by LJ Gilland Real Estate 🏡 Est 1996
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18 Bishop Court, Lawnton, Qld 450118 Bishop Court, Lawnton, Qld 4501

BUILT 2007, MANAGED & SOLD AT 2% BY LJ GILLAND REAL ESTATE

#soldhome #tenanted #property #propertyinvestor #landlord

ljgrealestate #fast

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propertymanagement #propertymanagers #propertymarketing #competitive #commission #win #win #relationship #happyvendor #happytenant #resultdriven #gratitudeattitude LindaandCarlos Debello Linda J.姬琳达珍 Gilland (Debello) Linda-Jane 姬琳达珍 Gilland(Debello)

https://ljgilland.blogspot.com/2020/07/property-investor-testimonials.html

18 Bishop Court, Lawnton, Qld 4501 https://www.realestate.com.au/property-house-qld-lawnton-133738778

LJ Gilland Real Estate has been involved with the complete Lawnton Development as Investors ourselves since inception and we have had few tenants in 18 Bishop and for example, we have had the same tenant in place at 12 Bishop since new, achieving a great comparable rent. http://ljgrealestate.com.au/property/18-bishop-court-lawnton-qld-4501/

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Australia’s ‘watergate’: here’s what taxpayers need to know about water buybacks

 

Australia’s ‘watergate’: here’s what taxpayers need to know about water buybacks

In 2017, the then agriculture minister, Barnaby Joyce, signed off on an A$80 million purchase of a water entitlement from a company called Eastern Australia Agriculture.

The problem is that Energy Minister Angus Taylor used to be a director of Eastern Australia Agriculture – though he didn’t have a financial interest – and the company is a liberal party donor. What’s more, the value of the water purchased for A$80 million is under question.

Now, as the election looms, this issue has resurfaced. But why should taxpayers be concerned?

Water buybacks using an open tender were halted by the current government in 2015, even though this is the most cost-effective way to set aside water for the environment. Instead, the government pronounced that subsidies for irrigators were a better deal.

Until 2015, the government bought back most water using an open tender process, before it was replaced by a subsidy scheme for irrigation and occasional closed tenders.

The problem with the closed tender process is that it tends to lack transparency, which raises questions about how effectively the government is spending public money. And it’s hard to prove closed tenders deliver the most cost effective outcome.

The Murray-Darling Basin is a very productive agricultural zone and its rivers have been used to boost agricultural outputs through irrigation.

State governments spent much of the 20th century allocating this water to agricultural users. By the 1990s it was clear too much water was being extracted. This resulted in both harm to the river environment and potential reduced reliability for those with existing water rights.

Various attempts to rein in extractions were made around this time, but ultimately the Murray-Darling Basin Plan was adopted to deal with the problem.

In agreeing on the plan, the federal government committed to spending A$13 billion to reduce the amount of water being extracted from the Murray-Darling Basin. To accomplish this the government has two basic strategies.

One involves buying up existing rights for water use. The other hinges on using subsidies so farmers use less water when irrigating.

Reducing water extraction from the basin

The second approach of using subsidies is generally more politically appealing. This is because few farmers ever object to receiving a subsidy and the public has an affinity with the idea of “saving” water.

The problem, however, is that subsidies are a more costly way of returning water to the river system than simply buying back existing water rights. And so-called water savings are hard to measure how much water savings are a result of subsidies or some other factor.

This is why some analysts even claim subsidies are reducing the level of water available for the environment.

Buying back water rights is generally more cost-effective than providing subsidies. But a clear and transparant process still matters because water rights are not the same for everyone and it’s a complex process to determine their overall value.

Allocations and entitlements

First, most water users hold a legal right, known as an entitlement. Water entitlements represent the long-term amount of water that can be taken and used – subject to rain, of course.

Second, water allocations represent the amount of water currently available against a given entitlement – this is the water that is available now.

If a farmer owns an entitlement in the River Murray, chances are the annual allocation will be determined by how much water has flowed into upstream storages like Hume Dam, Dartmouth Dam or Lake Eildon.

Even then the allocation will vary, depending on which state issued the original entitlement. For instance, New South Wales water is generally allocated more aggressively. This means NSW entitlements tend to be less reliable in dry years than Victorian or South Australian entitlements.

If a farmer owns an entitlement where there are no upstream storages, as is the case with much of the Darling River system, then the allocation will vary depending on how much water is flowing in the river.

So what?

All of this means the amount of water that can actually be used for the environment when an entitlement passes to the government will depend heavily on the underlying characteristics of the water right.

Partly for this reason, water buybacks were historically conducted using an open tender process.

This meant the government would announce its willingness to buy water entitlements. Farmers would then notify the government about what entitlements they held and the price they were prepared to take.

Running an open tender allowed the government to assess the value for money of the different entitlements on offer at the time.

Water buybacks through open tender began seriously in about 2007 to 2008. This meant the price owners were prepared to sell for would be registered, and then the government would determine which offer provided the best value. Around 60% of all water now held for the environment by the Commonwealth was secured through open tenders.

As a general rule, a relatively high-reliability water entitlement was bought for about $2,000 per megalitre and this has become the metric for many in the market. But the current government halted this process in 2015.

Now, the government buys water through direct negotiation with water-entitlement holders.

The government justified ending open-tender buybacks on the basis that the water being secured was causing undue harm to rural and regional communities. And, instead, much more expensive subsidies would supposedly generate a better overall return.

This view is not universally shared. The receipts from openly tendered water entitlements were being used by many farmers to adjust their business, while still staying in the region.

Many rural communities continue to thrive, regardless of the strategy chosen to secure water for the environment. Subsidies also tend to favour particular irrigators rather than the community in general.

Having set aside the cheapest option of open-tender buybacks and declaring support for irrigation subsidies, the problem the government now faces is that it must explain why closed tenders persisted (albeit in isolated cases) and were signed off by Ministers as good value for money.

Closed tenders need not deliver a poor outcome for taxpayers. But it does mean the likelihood of establishing the best value for money is reduced, simply because there are fewer reference points.

And if it’s legitimate to overspend public money on irrigation infrastructure subsidies, the credibility of a supposedly cost-effective closed tender is also brought into question.

Economics and Head of School, University of South Australia

Disclosure statement

Professor Lin Crase is the South Australian branch president of the Australasian Agriculture and Resource Economics Society.

Partners

University of South Australia provides funding as a member of The Conversation AU.

http://theconversation.com/australias-watergate-heres-what-taxpayers-need-to-know-about-water-buybacks-115838

Posted in Australian Properties, Empowerment, Foreign Investment, HOME, infrastructure, Interest Rates & Global Economy, LANDLORDS, ljgrealestate, MAINTENANCE, Property Investment, Property Law, Property Management & Sales, QUEENSLAND, sino australia investment, TENANTS | Tagged | 1 Comment

Quarterly rents have increased across all capital cities, bar Sydney and Darwin.

Brisbane rents are starting to climb again, with Brisbane now having a median weekly rent of $436. This is an increase of 0.8 per cent over the past quarter, and 1.4 per cent over the past 12 months.

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At a glance:

  • CoreLogic has released its first Quarterly Rental Review for 2019, showing rents have risen by 1 per cent during the first three months of this year.
  • Sydney is the most expensive capital city to rent with a median weekly rent of $582 per week, while Perth is the cheapest at $385.
  • Quarterly rents have increased across all capital cities, bar Darwin and Sydney.

The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1 per cent during the first three months of the year.

“This seasonally strong first quarter has delivered the highest increase in weekly rents since the corresponding first quarter a year ago”, says Cameron Kusher, Research Analyst for CoreLogic. “Our regional housing markets are performing marginally better than the capital cities, many of which have been experiencing weaker rental…

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Queensland land tax and Budget measures Bill introduced 2022

Queensland land tax and Budget measures Bill introduced

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A Bill which makes miscellaneous amendments to certain state revenue legislation, including those in connection with land tax and the Queensland Budget 2022–23 has been introduced.

TheRevenue Legislation Amendment Bill 2022amends the Land Tax Act 2010 (Qld) to implement a land tax reform, announced in the 2021–22 Budget Update — Mid-Year Fiscal and Economic Review, to enable the value of interstate landholdings to be accounted for when assessing land tax payable in Queensland from the 2023–24 financial year.

The Bill also amends thePayroll Tax Act 1971(Qld) to implement Budget measures to:

• impose a mental health levy from 1 January 2023, payable by employers, or groups of employers, with annual Australian taxable wages (for payroll tax purposes) over $10 million

• increase the phase out rate for deductions from 1 January 2023, to provide relief for small to medium businesses

• extend the 50% rebate for…

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Lexology: Planning and Environment Court of Queensland upholds a decision to regularise an existing unlawful dance studio in a warehouse.

I thought you might be interested in this article on Lexology: Planning and Environment Court of Queensland upholds a decision to regularise an existing unlawful dance studio in a warehouse.

You can access the article for free using this link: https://www.lexology.com/r.ashx?l=9S9NZ09

Lexology.com – legal intelligence.

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26 June, 2022 13:00

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Brisbane suburbs selling for less article by Domain June 2022

Where houses are selling for less than their asking price

SA3 name

May-22

May-21

Annual change

Sherwood – Indooroopilly

9.6%

5.3%

80.3%

Brisbane Inner – North

8.9%

7.0%

26.3%

Nundah

8.7%

4.5%

91.8%

Nathan

8.2%

9.3%

-11.4%

Carindale

7.8%

4.1%

90.7%

Kenmore – Brookfield – Moggill

7.6%

6.7%

13.5%

The Gap – Enoggera

7.5%

5.3%

41.1%

Springwood – Kingston

7.5%

6.9%

7.9%

Holland Park – Yeronga

7.4%

6.1%

20.2%

Mt Gravatt

7.4%

7.1%

4.2%

https://www.domain.com.au/news/get-it-for-less-the-brisbane-areas-where-sellers-are-dropping-their-prices-1142563/?utm_source=facebook&utm_medium=cpc&utm_content=link-newsfeed&utm_campaign=c-all-autopromo&fbclid=IwAR1OLg8teh8ZPs3TXQCP5-NgiGLxGH8H-yeKoQj_F8LHXPIQn13xCqjEhe8_aem_AVPrhqRLNYpQp68wCqON–4HsivFjJbEr08uLFqrz9TlOOun0crcG0MU_VVNCX8Kd7WHmIMG4FZJiTEI1eT2oNshLyKzKek6TOJHE3k73Gl7u9YWCWlMF3ugvraZ2m9NLjQ

Posted in Australian Properties, BUSINESS LEASE BUY MANAGE COMMERCIAL, Empowerment, Foreign Investment, HOME, infrastructure, Interest Rates & Global Economy, LANDLORDS, LJ Gilland Real Estate Pty Ltd, ljgrealestate, MAINTENANCE, Property Investment, Property Law, Property Management & Sales, QUEENSLAND, TENANTS | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Check this out – Clean the kitchen: Tips and tricks

Clean the kitchen: Tips and tricks
https://pluginid.com/clean-the-kitchen-tips-and-tricks/

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RBA model points to a house price slump of around 30%

https://www.livewiremarkets.com/wires/rba-model-points-to-a-house-price-slump-of-around-30?utm_campaign=&utm_medium=wire-page-share&utm_source=email&utm_content=rba-model-points-to-a-house-price-slump-of-around-30

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INTEREST RATES ARTICLE 24-5-2022

The RBA has increased rates for the first time in more than 11 years. That’s significant because as the RBA says itself, many households have never experienced rising interest rates. They’re also going to go up further, likely in the next few months. Before we panic though, let’s get some context.

As a guide, if you have a $500,000 principal and interest home loan at a rate of 2.29% p.a. on a 30-year loan term, your repayments were $1,922 a month.

When the bank passes on this 0.25% increase, you’ll pay $1,987 a month. If we tweak it all the way to a 0.75% rate increase, it’s $2,119 a month. To put it another way, the homeowner will need to find another $197 a month or say $46 bucks a week.

I say context, because for most people it’s a manageable increase that’s well within their ability to negotiate with tweaks to discretional spending.

The RBA are beginning “the process of normalising monetary conditions.” That should be a reminder that interest rates are currently not normal, they’re historically low.

I don’t doubt that this new trajectory for rates will spook property buyers and cool some of the demand, but for those with capacity willing to ignore the herd, I believe there will be plenty of opportunities to buy well in the next 12 months and see capital growth.

Rates are going up because the economy is doing well. That’s a positive thing. Sticking with the positive narrative, many mortgage holders will have continued to pay the same interest rate as rates were dropping over the last few years. On top of this, and according to the AFR in late April, residential property borrowers have squirrelled away a record $232 billion in offset accounts – an increase of nearly 15 per cent, or $30 billion – in the past 12 months to reduce their interest payments and shorten loan terms.

The main driver of higher inflation has been global interruptions to supply chains and Russia’s invasion of Ukraine has resulted in sharp increases in the prices of oil and gas, base metals and many agricultural commodities. The outcome of this conflict and the economic impacts are hard to predict.

Nationally, strong demand is putting pressure on capacity and firms are struggling to hire and retain workers. These increases in costs are resulting in price increases being passed onto consumers.

Interest rate rises will likely be slow and measured over the next 12-24 months in my view. There’s no desperate desire to be back within the 2-3 per cent target band within the next few months. The RBA expects inflation to start moderating as some of the supply disruptions are resolved and/or as prices settle at a higher level. They state that for inflation to stay high, prices need to keep increasing at a fast rate, not only settle at a high level.

I feel for the households that will struggle with another kick to their cost-of-living pressures, but most people are not over-extended, and their serviceability has been tested well over and above where we’re likely to land. Despite what may be presented in the media, there’s not going to be a property price crash and the 4 horsemen of the apocalypse will have another gap year.

Posted in Interest Rates and tagged home loan, home owner, home owners, homeowner, homeowners, increase, Inflation, interest rate rise, interest rates, rate, rates

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We look forward to your instructions.

Best Regards,

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Linda 姬琳达珍 and Carlos Debello (LREA)
LJ Gilland Real Estate Pty Ltd
电话:07 3263 6085
| 手机号码: 0409 995 578 & 0400 833 800
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linda
| PO Box 19 Zillmere QLD 4034
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Kallangur for Lease

One bedroom Modern home with Aircon in a secured estate $285 per week available shortly http://www.ljgrealestate.com – OPEN HOME MONDAY 30-5-22 FROM 4.30 PM – 5.30 PM
Posted in Australian Properties, Empowerment, HOME, infrastructure, LANDLORDS, LJ Gilland Real Estate Pty Ltd, ljgrealestate, MAINTENANCE, Property Investment, Property Law, Property Management & Sales, QUEENSLAND, TENANTS | Tagged , , , , , , , , , , , , | Leave a comment

The residential property markets of Australia’s two largest cities have hit their first quarter of negative territory since the extended lockdowns of 2020.

The residential property markets of Australia’s two largest cities have hit their first quarter of negative territory since the extended lockdowns of 2020.

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Sydney and Melbourne’s market slowdown has seen CoreLogic’s national Home Value Index (HVI) continue to lose steam through April. Housing values are still rising at the national level, however the 0.6% monthly rate of growth is the lowest reading since October 2020.

Sydney and Melbourne, which have the heaviest weighting in the HVI, were the main drag on the headline growth rates.Sydney housing values recorded the third consecutive month-on-month decline, down 0.2%, while Melbourne values were flat (-0.04% when taken out to the second decimal place). Technically values are down over three of the past five months in Melbourne.Hobart also recorded a negative monthly change (-0.3%), the city’s first monthly fall in 22 months.

CoreLogic’s Research Director Tim Lawlesssays the weakening state of the market has taken the rolling quarterly trend into negative territory across Sydney and Melbourne for the first time since these cities were in the…

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The rent is too darn high!

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For many low and medium income Australians, the biggest issue in the upcoming Federal election is the cost of living. The quarterly CPI reading of5.1% headline/3.7% underlyingshowed that the cost of goods and services is rising faster than it has in a long time. Petrol prices, groceries, housing and education all saw significant moves higher in the last quarter. Whilst some of these increases may level off in the medium term, rental affordability is set to get much worse. The chart below fromSQM Researchshows the plummeting national vacancy rate for residential property.

Source: SQM Research

Data from Domainhas Sydney and Melbourne above the average with Adelaide, Canberra, Hobart and Perth sitting well below 1.0%. Following the re-opening of international borders, foreign students and tourists have returned. There are widespread anecdotal reports of rental properties being withdrawn from the residential market to take advantage of higher…

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