1. I recently read an article that discussed the different sources of data that report property prices/values and which one is more accurate than the other. I was blown away by the shear variations which can occur due to timing and certain exclusions and inclusions. My advice-talk to the property professionals such as a valuer and real estate agents if you’re looking to sell.

2. The property tax laws can be complex so it’s important to get the right advice from the beginning to avoid a nasty surprise. We have come across instances where builders have built a home as part of their business and rather than sell it have decided to move into the property themselves. Generally, where GST has been claimed on the costs a “change of use” has occurred meaning GST is payable on the market value of the home.

3. Is now a good time to buy a property if you’re a property investor? In the current recovery stage of the market the numbers generally won’t work so you need to consider whether you’re prepared to top-up the mortgage from your own savings. However, if you find a good property you can add value and increase the rental income there is definitely less competition, at least from other investors.

If any of the above have you thinking you need to know more, get in touch with us to discuss your situation.