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I'm thinking of selling off an IP and will likely have to get a retrospective valuation done. In general, how accurate are retrospective valuations going back 5-10 years? What if there are limited comparable properties? How long do they typically take?

We have lost a tremendous voice of reason. To Hitchens.

There's a lot of property information out there from many bodies with inherent self interest which gives rise to a certain amount of bias. So I put it to you Somersoft, What are your favourite resources for unbiased formation?

Hi-larious, OA you have me in stitches!

ONE of Australia's most senior bankers has taken aim at the negative gearing millions of property owners use, claiming the tax break is leading to an unhealthy focus on housing as a way to get rich, while pushing property prices to unaffordable levels. ANZ Australian chief executive Phil...

great videos, knucklehead!

I didn't mean to complicate things, the zoning point is indeed valid. It's zoned residential 1. Logic would suggest that one should cater to the market in a particular area. From walking around and doing a bit of research there seems to be a majority of single free standing houses, however...

Hello all, You've recently acquired a property adjacent to your PPOR, the details are as follows: - market value of each block is 400k - single detached home on each - the dwellings were constructed in the 1960s, well kept - each block has a frontage of 15.2 m - length is 46m -...

The stamp duty cuts would mean a maximum 6k stamp duty saving for purchase of a property of the value of the maximum threshold of 600k for FHBs. we've seen people go nuts for similar amounts recently with the FHOG bonus. However I think this is unlikely to do much as interest rates are higher...

that would be interesting to know, i haven't found any further information on the SRO website. http://www.sro.vic.gov.au/sro/SROnav.nsf/childdocs/-34FAD0EFBAFF8BE0CA2575A100442101-E35A67FBAB847FF1CA2575D10080A69F-1F4F15D2B7E31144CA2576EE007AFC77-33F164285C8F118CCA2576EE007E3927?open

Thank you for your sage advice and gentle words of encouragement :), you guys are awesome here. I am very very fortunate to receive an annual scholarship worth 20k which is deposited quarterly into my bank account, I would usually not divulge the amount but hey, this is the internet. Does this...

Good evening! I do try to get to know the REAs that I associate with (I get attached easily), and I do appreciate their time. Although, I'm unsure of what the protocol is when it comes to thanking REAs for their time. They've taken a few afternoons to show you a few properties, been patient...

I personally use an addon in Mozilla Firefox, which you can find here: http://blog.linkdiagnosis.com/2008/03/06/how-to-find-out-how-old-the-page-is/ Once it's installed you just need to right click on the webpage and a 'get this page's age' function which should have been added to the...

Good evening! I'm currently an undergraduate student and currently own an IP which I was fortunate enough to have bought in 2007 before this whole boom business happened. I had paid the deposit for it with money that I had saved up throughout my childhood and it now has approx. 250k of...

I do agree that it would be great if one were in the fortunate position of having sufficient capital on hand, pre-approval etc. to be able to submit an unconditional offer to do so to accommodate the vendor as much as possible, as this may in turn be used as a negotiating chip. However, for...

Good evening, I'm a bit of a young one and am in not in any position to develop anything any time soon, but I was wondering what kinds of things usually hinder a development of say a townhouses? What kinds of things could one do in one's power in order to keep the development time of say...

Good afternoon everyone! I've been a long time lurker of Somersoft and have learned a great deal from all of your contributions. I guess I was a bit apprehensive registering because of my relative youth and inexperience, but you're all so friendly I couldn't resist :D So, my questions to...