Is paying LMI really a terrible idea?
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Uses of Trust in property investing
Are you having problem securing a decent deposit? Do you know you can protect your First Home Owners Grant and still buy a property? Do you know you can enter property market with a deposit less than 10%? Do you…
The CGT implications of subdividing and building on the family property
Given the state of the property market in Australia these days, a not-uncommon situation can arise where a residential property owner seeks to demolish and subdivide the block containing the family home and build residential units. If you have the…
What are council contribution overlays
What Are The Common Council Contributions For Developments? As part of any feasibility or due dilligence, people often ask me what Council fees or contributions will they need to pay when developing multiple dwellings? A lot of the fees are…
Council Overlays explained
What are Planning Overlays?Planning Overlays Explained For Town Planning in Victoria, we have zones and overlays to provide the details on planning controls for each property. These provide details on how the use and development of the land can be…
How to identify growth locations
Supply vs Demand Suburbs with higher number of owners occupiers More than 65% owners-occupiers in suburbs indicate growth. Equation: Number of owners occupiers in suburb / Total suburb population * 100. Suburbs with lower vacancy rates If there are 200…
Fifteen steps of a renovation or a remodel project
Here are 15 steps of a renovation and /or remodel project. 1. Budget. 2. Design, Planning & Permits. 3. Roof, Foundation, Water Issues, Siding, Windows. Roof replacement or repair; foundation fix; stopping water leaks (that may threaten future work); installing…
Difference between a DA and a CDC
When building a new single or double storey home you have 2 options to ensure that you are meeting all the regulatory requirements. A Development Application (DA) is a merit-based assessment conducted directly through the local council. The council will…
Development Application stages
DEVELOPMENT APPLICATION – THE 6 STAGES We have set out the information to give you a clear understanding of the entire Development Application (DA) process. Information is set out per stage of the process. In NSW, there are 6 stages…
General CGT questions
Did you know that you can rent out your primary place of residence and still pay no CGT on it? Under ordinary circumstances the sale of a property would attract Capital Gains Tax (CGT). However, you can avoid paying CGT…