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Hi Rightvalue, This is something that frustrates me no end. If you ever see a brand new 3 townhouse development being sold for $270k less than it would be worth when strata titled, please let me know, as I would buy it in a flash. This simply doesn't reflect the reality of how commercial...

Hi Gang, I need a bit of advice here please. If you had lived in an IP and moved out and rented a property, then I believe that the IP can be treated as a PPOR and is CGT free is sold within that 6 year period. Great. But while it is an IP (tenant in it and owner in rental...

I went to inspect a property in Melbourne today in Essendon North on a busy Arterial road. The property, a 1000sqm site with a pull down basic 2 bedroom weatherboard/fibro house on it had recentlly sold at Auction for $1.5m. Talking to the owner, she said she paid $10k for it 30 years ago...

An interesting article on Property Investing from the NZ Herald For the past few years, something has been bugging me about residential property investment. I have long been a fan, but recently something has not been right with the way people have talked and written about it - or the way...

According to this survey/article; Property Investors are waiting on the sidelines for the First Home Buyers Grant to finish. This must mean that they are targeting the lower, or affordable end of the market. Good news as this should provide good support for market values .. as the...

One of the things I have learnt from this forum is to not cross collateralise properties if possible and also not to have all your loans with one lender. It appears that investors in NZ are learning this lesson the hard way.. By way of background; The NZ economy is not as healthy as ours...

Getting a rental property valued???, here's a hint..... ...when you apply for a loan/refinance and a valuation is required you need to leave contact details for access to the property. My hint is .... don't just put down the nunber and name of the property manager and leave it at that...

Hi All, I am wanting to tidy up my banking affairs and consolidate loans. I would like a line of credit facility but would also like a fixed interest rate. In my browsing of the net I can't seem to find this facility. Does anyone know if any main bank offers this or is it possible do do...

I found time to do a few valuations for my old firm last Saturday (only 5th weekend home in nearly 7 months, such are the travel demands of the new job). After the inspection I was driving around looking at some comprable sales and as I drove by one I realised that I had valued it. So I...

Hi there, We are thinking of selling an IP in Tassie. I was wondering what are the going yields for multi unit residential properties (on one title) in Tasmania and regional areas. Here in Melb they are generally very low, I know that they are higher in the regions and Tassie . I know...

The other day I drove by a property with a sold sign. I drive by it often. I had previously valued it so I thought I would look the sale up. It is in Camberwell in Melbourne (one of Melbournes top suburbs), a semi detached 1930s clinker brick one of a pair on 400 sqm of land in a very nice...

Hi Guys, I am selling a house that is my PPOR. It's in Werribee in Melbourne's West, aprox 20 mins from the city via the 4 lane freeway and close to the expanding Werribee Plazza a regional shopping centre. It is a 3 bed one bath house of aprox 11 squares, located on a corner block of...

Hi all, I just thought that I would share some experiences of the days valuation experience. There was a recent post about OTP purchases of apartments so "the bad" might be a salutory reminder that the gospel according to HK is not always right. My last job was a "good" story so I thought...