Search results

Oh, bye the way, land tax of $8,200 would be incurred on a single investment property in WA, with raw land value of a little under $2.1m. With other properties in the portfolio, $8,200 could be accrued on as little as $380k of raw land value if the landholder was in the top bracket.

Some astute investors also buy gold and silver, or shares in companies that don't return dividends. I wonder if the $3m residential property is perhaps more akin to those type of investments, rather than those of the $300k variety?