Recent content by Kiwi Investor

Centrelink would probably use the Australian Valuation Office (or AVO), check www.avo.gov.au (I think). They are the provider of valuation services to the Federal Govt and agencies. And yes they would all have to be Registered Valuers to undertake this work. There should also be a method of...

Dont forget a registered valuer is a professional and as such you must provide him with an 'instruction' and pay up front for a valuation of the subject property. Banks normally have contracts with so called panel valuers, it can be difficult to get a valuation done by a panel valuer for a...

I have two methods that work for me. 1. Grey matter between ears. 2. Excel, it can do EVERYTHING, incuding DCF's, projection scenarios and the like, along with all important charts.

As pointed out by other members it's about comparisons in your area and RECENT sales data. A formal valuation is signed by a registered valuer, can be challenged legally under certain conditions ( most valuers are required to have prof indemnity insurance) requirements for registration vary...

I think in the near future areas such as Forest Lake, Doolandella, Eight Mile Plains, parts of Rochedale and the suburb near Rochedale (name escapes me) will be opened up more for development. These may provide investment opportunities in the near future. Nev Pask already has holdings in some of...

Yes 400m3 does seem a touch small, but the return looks ok, dont forget to factor in appox a months vacancy into your figures. Part of the reason I think spec homes are sometimes marketed to investors (not that the ones your looking at are specifically) is because of the better deprecation...

Ok what proposed law might this be? Is it a state or Fed law? Any laws as such mentioned would not constitute a 'market' in my opinion, more 'Govt intervention'.

You could also check and see what land sales (if any) have occurred in your area, or the area near your IP (or house). If you pretty much take off the value of improvements, then you should be left with a rough vacant land cost. Say a modest 3 br house may ( and I stress may) be worth around...

Yes a very valid point Khangu, it's all a matter of comparison, not forgetting also that most larger developers need around 50% of a project sold before finance is approved. Most developers use a 'hypothetical development' cost/valuation method to see if a project is going to be viable.

G'day old fart, if you are going to try some land banking in Qld I would suggest you may research these areas, Eight Mile plains (Levington Rd is flagged for future Res Dev's with some dirt being turned now), Runcorn Kuraby area, Pimpama Near Dreamworld, even some areas of Upper Coomera near...

Hi John, I looked at your link on the net and I thought the term 'freehold' could be misleading. I have seen a few smaller properties and townhouses with there own titles, some as small as 250m2, this is becoming a little more common than your would think in parts of Brisbane, rather than...

Sounds like she 'cracked it' Ricardo ! :D

Does this mean the original purchaser (if you can work out who the agreement is actually refering to) is making inferences about a third un-named party to the agreement ? Sounds very fishy to me, are they offering you good money and conditions ? Might not be worth the hassle ?

Dunc is 'spot' on, the Body Corp by laws should have reference to pets and if they are allowed and if so under what circumstances. In my experience (which is limited) most body corps dont allow any pets in a unit type complex, townhouses may be a different story, but give it a shot anyway, I...

I think the capital gain is actually added to your taxable income (or forms part of it anyway) thus increasing your tax liability and maybe putting you over to the next bracket.