Victoria

The Block's Depreciation Schedules And You

So, “investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block,” according to new analysis reported by The Urban Developer. By far the biggest potential deprec...
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What Does Jim Know About Building Inspections Anyway?

ACTUALLY, QUITE A BIT MORE THAN WE EVER REALISED! We recently discovered that Jim Penman’s dad was a forensic engineer. From an early age Jim’s father was investigating materials, structures and their components which failed o...
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Who Needs a Building Inspection?

Building Inspections are generally ordered in the process of buying or selling a home. A building inspection may also be required if you discover that your home has developed a building defect over time or in response to an incident or accident. ...
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Am I An Owner Builder?

Whether you are or aren’t an owner builder can sometimes be a tricky concept to get your head around. Even if you didn’t personally lift a hammer, but rather project managed different trades to do the work, – you are still, legally, the owne...
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How Can I Save Money This Year?

This year has been a year of challenges. These challenging times are leading to many investors asking the question how can I save money this year? One of the ways many investors can save money is by looking for ways to reduce their tax burden. That ...
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Proposed New Tax To Help Home Owners Remove Asbestos

Did you know that 1 in 3 Australian homes contain asbestos? With home renovations on the rise, many Australian's are purchasing homes built before 1985 with the intention of doing small renos through to complete rebuilds. Unfortunately, many people a...
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Common defects found in homes

Are you buying a home or investment property? Here are some of the common defects that our building inspectors in homes. Termite damage The advantages of getting a vendor report before putting your house on the market. Termite damage was found ...
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What Victoria’s New Tenancy Laws Mean For Landlords

Victoria’s new tenancy laws mean that landlords need to pay extra attention to basic standards, especially relating to health and safety. These include (but are not limited to) providing functioning heaters, stoves and even deadlocks. Furthermore, ...
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Do you think that property you are looking to buy has asbestos?

If the house you are looking to buy was built or renovated before 1990, it is likely that it will contain some form of asbestos-containing materials. Did you know that approximately one-third of homes built in Australia contain asbestos products? ...
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New homes & Termite zones

An increasing number of councils across Australia are seeing the value in designating residential zones as termite prone areas in an effort to help local communities avoid costly repairs and horror surprises in the future. Victoria is the only Aus...
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