Gross yields tell no one anything useful as there are no outgoings considered. likewise interest and income tax is excluded as they vary widely depending upon personal circumstances.

net yields are the most useful as it takes into consideration all the applicable costs and makes comparing properties easier.

There are s couple of hotel specialists but i have lost my book marks. Google hotel brokers and see how you go. otherwise the crest can help.

Scratch wrote:
What annoys me is MP's are supposed to be elected as a representative of the people in their electorate,!

As Macca on the ABC pointed out this morning, voters have got absolutely nothing to do with it! It is the members of the party who select the local at branch level (as well as the Party having a big say in the matter), then…[Read more]

Can’t really comment without seeing the full context, like the value itself .

Bollocks – utility, demand and location affect the ulimatrdemsnd hence price.

Price will vary depending upon the size of job, proximity of tiles to the workface, shape of room/s, difficulty, pattern, tile size, bed, amount & type of cutting of tiles required, setout etc.

It all adds to the amount of time the tiler will need to complete the work.

Perfectly correct. Deprecitation is not a freebie. what you claim today gets added back when you come to sell. If you never sell it is not a problem.

The best place for reference is the S149 Certificate. If it says not affected or subject to flood you will soon know. Check what your insurer then says.

Nothing noteworthy or new about landbanking. it is a waste of productive rural land for the purpose of speculating n rezoning & windfall profits pushing farms further away from their markets & increasing the cost of fresh produce.

Check rates with kwikkerb, might be on their website

If you are talking to the selling agent, forget it – all is rosy (deduct about 20%). Talk to a property manager either from that same agency about vacancy rates, demand, waiting lists etc or preferably speak to a PM from another agency and say you are looking to either lease out a X bedroom refurbed house or looking for a rental and what range you…[Read more]

I use rentmaster.com.nz – great package & easy to use.

CUT is a federal tax, Land Tax is a state tax. If you aren’t living in it on census date you pay land tax.

Interesting but no. A little bit tricky here but you would need to create a right of way over the existing land (driveway) but it would be benefitting the adjoining property and reducing the value of your burdened property. The risk is the neighbour sells to someone else and your place has to suffer the burden to maintain the right of way.You…[Read more]

There are specific requirements with regards to the developer appointing a strata manager once a % of the building has been sold. They will also be required to establish the sinking and admin fund, so you are not out of pocket for a heap of extra $$.Are all of the units being sold off or will the developer hold a controlling interest?There may be…[Read more]

Totally different beasts Nick, you would need to refer to the Building Code of Australia but it is not bedtime reading – shared housing (single dwelling with multiple unrelated parties eg boarding house are nothing like strata (several sole occupancy units). The BCA covers both as well as every other class of building.There are provisions for…[Read more]

You might consider getting a buyer's agent to do some quick research and if necessary attend the auction to bid under your instructions – eg if you have a set limit give them an instruction up to 85-90% of that amount so you still have some leeway if the auction may swing your way.

I have used Matthew Shaw & Associates – (03) 9598-8099

salacious wrote:
SET OF 4 X 1 BEDROOM FLATS – WALK TO CENTRE OF TOWN ! This set of 4 x 1 bedroom flats is located a short walk from the centre of Ingham. Other features of the flats are :-* Bedrooms airconditioned* Security screen doors* Each flat has double carport* Currently returning $520 per weekIf u don't search for this property first, how…[Read more]

What are the chances of reasonable rates on a block of 8 one bedder townhouses/villas in a rural location? I see some potential to convert to two  bedders down the track?