There is a lot of infrastructure proposed for the area just to keep up with the mining which is planned for the next 10-30 years. Little things like a major private rail line which is in the planning will require a lot of long-term rentals.

To bring some of those stats into perspective, population growth (coupled with average number of people per household) during the period of analysis will show the growth in demand, a state by state median price (ACT/NT/WA/SA/Qld will have lagged wildly behind NSW & Vic for much of the 1960's – 1990's), have you taken into account that up until the…[Read more]

It depends on a couple of things – are you selling? If so, then you will need to select a real estate agent who is aware of what these things are, how they affect the running cost of the house, (the income generated by feed-in tarriffs etc) and the REA points them out in the sales process ie do you have a green rating for the house (NABERS…[Read more]

As noted above, not all states permit the use of the 'nominee'.

I'd suggest going straight to tender to some selected medium density builders (you may wish to engage a project manager or QS to undertake the tender, quality inspections etc).

Don't believe the REA. A pool will only add value for those who value a pool (anyone can add a pool if they want one & there is available land) however it does cut out a significant portion of the market who do not want a pool (child safety, upkeep, running costs etc).It will not add more value than its cost.

start with the yellow pages, but seriously try the master builders association or the australian property institute.

I’m not 100% sure but was under the impression that Telstra had to install a fibre cable to every new property & not copper services.

These are 2 separate contracts. SD is payable on both but not at the same time.Ie pay SD on the option contract when you enter into the contract.If you sell the option to someone else, they pay the sd on exercising the option (balance of the value when exercised).

(Get a very short term lease in place, problem solved).

The gst does not go to the vendor, it is passed on by the vendor to the govt – so not an issue with the vendor (although they must receive the gst in order to pay it).By being registered for gst, you could purchase 'as going concern' hence not paying the tax, providing it meets the other requirements of the ATO.

It would depend on several senarios – is the money owed actually income (ie you have worked for the debtor?/Sold them goods/services for which you are yet to recieve payment? Is this the profit from the sale or total debt (so it may include your costs of earning that income? or is this money a loan made to the person? etc).If it is not income (ie…[Read more]

Fwiw, agents in WA are a bit OTT on price. The eastern states are much cheaper.

if you received the goods, then you would be liable to pay irrwspective of the timeframe. Review you chequebook/transaction account as proof of payment.

The vendor bid allows the vendor to stimulate bidding if it has stalled or to kill off bidding. Killing off bidding then allows the vendor not to negotiate with the highest underbidder. This can be a strategic play for those who do not like buying at auction.

Agents are legally required to hold all deposits etc in a trust fund. If the agent goes belly up fair trading comes to the party (agents compensation fund).

Bidding on the property failed to reach the vendor’s reserve price. Subsequent negotiations within 24 hrs are still subject to auction conditions.

Agree with Adam however I will add that a property settlement is not a ‘sale’ which is either willing, without undue haste or of the entire property (only of an interest), hence the valuation may not reflect the CMV.

Time spent on a val does not neccessarily mean that all issues are not considered or less accurate however it is a reflection of…[Read more]

it may pay to visit your tafe/uni law or conveyancing bookshop. There are other sources like smokeball etc as well.

I'd agree Henley, there is no point getting a DA unless it is for the  highest & best use of the site (but the product has to be designed to be the most cost effective as well).