Welcome to this month's Property Edit.

As we move into the new financial year, I'm sharing a few timely notes for buyers and investors to keep on their radar. First, a look at the tax and superannuation changes now in effect from 1 July, and what they may mean for future property plans.

I'm also unpacking the current Eastern Suburbs listing landscape, including how long stock is sitting on the market, which can tell us a lot about buyer confidence, vendor expectations and where negotiation opportunities may be emerging.

And on a lighter note, we're celebrating a true Sydney institution, with Beppi's marking an incredible 70 years of Italian hospitality.

Let's dive in.

Happy New Financial Year!

The new financial year has arrived, bringing several important tax changes that could influence your finances and future property plans.

Among the biggest updates include new income tax cuts, meaning many Australians will take home more pay, increases to the Superannuation Guarantee to 12%, and the continued expansion of support for eligible first home buyers through various state and federal initiatives.

For property investors, it's also worth paying close attention to the ongoing discussion around negative gearing and capital gains tax reforms. While the proposed changes have attracted significant attention, they are not part of the measures that commenced on 1 July and have not become law. Staying informed about what has changed versus what remains proposed is essential when making investment decisions.

As lending conditions continue to evolve, the new financial year presents an ideal opportunity to review your financial position and property goals.

Whether you're buying your first home, upgrading, or investing, Morish Buyers Agency is here to help you understand how these changes may affect your purchasing power and identify opportunities in the current market.

READY TO SECURE YOUR DREAM PROPERTY