Investment Views
'2009 Property Boom or Bust' web cast seminar Click to listen
Michael Yardney's Property Investment
RESIDEX Data for Mannum 2007
ANZ Property Outlook
Raine & Horne Commercial
South Australian Tourism News
Michael Yardney's Property Investment
Extract from "Should you buy a Holiday Property?" 02/09/2007
"The good news is you get high depreciation allowances on holiday accommodation. That is
because some short stay accommodation qualifies for 4% depreciation over 25 years compared
to standard 2.5% for 40 years. To be eligible, your apartment must meet certain criteria including
being available for overnight stays and your apartment complex needs to provide
common dining facility."
By George Kafantaris Published on 02/09/2007
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RESIDEX Data for Mannum 2007
Statistics from Residex Pty. Ltd. has consistently shown that Mannum (P'code 5238) has consistently show strong
growth over the past decade. Below are some more recent figures that may be of interest
Median Value 2007 |
Median Value 2006 |
Capital Growth 2006 |
Capital Growth 10 Years |
Total Return 2006 |
Total Return
Over 10 Years |
$209,000 |
$197,500 |
5.79% |
10.92% |
10.52% |
18.15% |
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ANZ Property Outlook
Tourism Accommodation January 2008
Positive outlook for Tourism Accommodation
“Given the long lead time in the construction and/or redevelopment of tourist accommodation,
the outlook is for further increases in room rates as occupancy rates tighten. Recent data
indicates that the tourist accommodation sector continues to chalk up new highs with marked
increases in room rates recorded for most states in the first half of this year. The average
occupancy rate for hotels, serviced apartments and motels & guesthouses reached 64.3%
in the first half of 2007, the highest rate on record. Further yield compression can be expected
as rising occupancy and room rates coupled with limited new supply attract increasing interest
in the market.”
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Raine & Horne Commercial
Commercial Acumen March / April 2007
"Federal government figures speak volumes about the potential of an investment in the tourist
sector. By 2012, for instance, Australia can expect an annual influx of 10.4 million tourists, who
will collectively generate nearly $35 billion in earnings. Domestic tourism is expected to grow
by 20% over the next decade."
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South Australian Tourism News 22/03/2008
"Tourism Minister Jane Lomax-Smith says the latest National Visitor Survey shows overnight visitors pumped $2.8 billion into South Australia’s economy last year – up 8% on 2006 figures.
“The number of interstate visitors coming to our State was up 4% in 2007 compared with a 2% drop nationally,” Minister Lomax-Smith says.
“In more good news, it wasn't’t just Adelaide that shared in the spoils as visitors to South Australia spent up big last year: domestic overnight visitor expenditure in regional areas was up 13%."
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For Performance Indicators such as Occupancy Trends
please contact Wink Chorney on 0400 310 380
Evening on the Murray 5 minutes from home |
