INNER WEST REAL ESTATE AGENT - ANNA MENDONCA- MARRICKIVLLE REAL ESTATE

 Keep up to date with property prices,  call me for FREE market appraisal on your property.

A licensed Real Estate agent who started with The Professionals Real Estate Dulwich Hill/Marrickville back in 1994, Anna truly has the Real Estate experience and knowledge to obtain the very best results.

Regarded amongst her peers as one of the best Real Estate agents within the industry!

Anna Mendonca has returned to the industry that she loves and has joined the Onside brand.

Committed to delivering a high level of service and a lethal sales approach that had regarded her as one of the best agents, with her taste for sales and grand smile she truly is a sales talent.

Her areas of experience are Marrickville, Dulwich Hill, Petersham and Earlwood and surrounding Inner West suburbs.

Highly professional and trustworthy with a unique approach to her clients, is what makes Anna the stand out sales talent.

Making the transition to Marrickville Real Estate was a move to increase her market share and join the future agency that has a significant technology advancement within the Real Estate sector.

Anna Mendonca is contactable on 0433 569 933/1300 938 931 or 

www.marrickville-realestate.com.au

Granny Flats have increased by 24.1% in Western Sydney by Anna Mendonca- Marrickivlle Real Estate

A gold mine in your own backyard

Increasing property and rental prices have forced many Australians to start looking for alternative living arrangements. This has caused a surge in demand for secondary dwellings or granny flats.

In response to this demand, data collected from thousands of BMT Tax Depreciation Schedules suggests construction of granny flats has increased by 24.1% in Western Sydney suburbs and 9.3% across Australia over the last two financial years. This dramatic increase in construction can be attributed to state-level legislative changes regarding secondary dwellings, aiming to boost housing affordability in capital city areas.

2009 saw the Affordable Rental Housing – State Environmental Planning Policy (SEPP) come into force in NSW. In August 2013, WA followed suit with its State Planning Policy 3.1 Residential Design Codes. With these legislative changes, NSW and WA join the NT, ACT and TAS in allowing property owners to rent a secondary dwelling to those other than family members or friends.

While renters are often attracted to granny flats for their affordability, many property investors are keen to capitalise on this recent demand for secondary dwellings due to the high rental yields often achieved.

Our data suggests that on average a granny flat will cost $121,000 to construct. Property owners have found that they are usually able to achieve annual rental yields of 15% on this investment.

In order to maximise the benefit of this yield, all granny flat owners should understand their depreciation entitlements.

When a secondary dwelling is income-producing the owner is entitled to substantial deductions, even if they are currently occupying the primary residence on the property. Research conducted by BMT has shown that the average first year depreciation deduction for a granny flat is $5,288, accumulating to $23,713 in deductions over the first five years. Shared areas between the granny flat and owner-occupied property such as patios, pools and barbecues may also entitle the owner to additional depreciation deductions, claimed based on the tenant’s usage percentage.

To understand the viability of using a secondary dwelling as an additional source of income on a particular property, the table below illustrates the differences in regulations between states as well as the first-year depreciation deductions a property investor would be able to claim.

Assumptions and Disclaimer

When evaluating the cash flow potential of a secondary dwelling on your property, we can provide an estimate of the tax depreciation deductions that would become available. Complete this form today and one of our depreciation experts will be in contact.

Sell your property today with Anna Mendonca! 

Anna Mendonca 0433 56 99 33
www.marrickville-realestate.com.au

2% cash rate cut again - Anna Mendonca - Marrickville Real Estate

 2% cash rate cut  to record low by RBA

The Reserve Bank of Australia is widely tipped to cut interest rates for the second time this year when its board meets on Tuesday, despite signs the economy is improving and it happened.

www.marrickville-realestate.com.au

Anna Mendonca - roaming the streets of Marrickville :)

#Beautiful   #Weather   #Sydney   #Marrickville  

Enjoying the office view today!!! nice and sunny 

Anna Mendonca 
Marrickville Real Estate 
www.marrickville-realestate.com.au
1300 938 931

Anna Mendonca - Marrickville Real Estate agent - Back !!!! In action !!

My new picture for Marrickville Real Estate

Call me today for a free market Appraisal on 0433569933

www.marrickville-realestate.com.au

Local Marrickville Council News Updates

Local Marrickville Council News Updates

Rate payers will love this one! Increase in local rate fee's?

Why and what for? Have you say at the local council blog!

Important information about submitting Development Applications

Council is moving towards enhancing lodgement requirements for Development Applications and associated documentation. This means that, from 1 January 2015, Council will no longer accept paper-only Development Applications.
Council strongly opposes latest WestConnex plans

Marrickville Council will seek an urgent meeting with the WestConnex delivery authority, asking for further information about the WestConnex St Peters Interchange plans which have been announced.

Council seeks feedback on proposed additional rate increase

Marrickville Council is seeking community feedback on a proposed additional 3% per cent rate increase – in addition to the 2.4% annual standard increase – to help renew Marrickville's essential community infrastructure.

www.marrickville-realestate.com.au