Victoria

Building? Here Are Mark Campbell's Lessons Learned

“My rationale for building new was threefold,” writes Mark Campbell, a working-class Aussie. “Firstly, it enabled me to have control over the end product and it made sense from an investment perspective because I could maximise depreciation and...
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The Dirt On Property Depreciation

What’s depreciation? In a nutshell, it’s an allowance under tax laws in Australia for investors. It means they can claim deductions for expenditures in their property investments. Why depreciation? Even extremely well-built houses aren’t imm...
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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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EXPLAINED – Owner Builder Warranty Inspections & S137B of the Victoria Building Act 1993

You're an owner builder and it is time to sell your home. The last thing you want is for your hard work to be a hindrance to potential purchasers who have reservations about quality or compliance, just because the works weren't part of a major domest...
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The D-Word: Time To Talk Depreciation

Sad fact: Many Australian rental property owners are failing to correctly calculate depreciation. “I have often seen clients who have owned investment properties for five, six or seven years and have never claimed any form of depreciation becaus...
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Why 'The Block' Is More Than Just A Pretty Living Space

Sure, it’s pretty. No question. Her inner-city beachy location is also a big positive. But besides the prospect of rising property and house prices long-term there’s another reason why ‘The Block’ is more than just a pretty face on a reality ...
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What does Domestic Building Insurance means to Builder or an Owner Builder in Victoria.

Whether you are a homeowner who is using a Builder or an Owner Builder, it is mandatory to get a domestic building insurance. If you undertake domestic building work worth more than $16,000, then you need domestic building insurance. Furthermore,...
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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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The Dirty World Of Termites

This summer it’s time to think pests. "Generally the soil moisture is high, that makes a big difference to termites. Termites are really just organised cockroaches," says Dr Ewart to The Age in an article titled: Hungry termites marching on Melbour...
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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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