Property Depreciation Schedules - The New reality

Depreciation Old Investment Property

I often get asked, “Can I claim depreciation on my very old investment property?” The simple answer is yes, but this is where a lot of investors make a mistake. There are two components to a depreciation schedule Quantity Surveyors prepare on your investment property. The Building Allowance The first component involves claiming what’s called […]

Is The Block the world’s worst development?

Washington Brown has crunched the numbers on The Block’s latest development in Melbourne’s inner-city bayside suburb of Port Melbourne, and something just doesn’t add up.  From a financial point of view the development, which consisted of transforming a 1920s art deco building into a luxury apartment block, was one of the worst he has ever […]

How will Donald Trump impact Australian property?

What does Trump’s election victory mean for Aussie real estate? Since the US election, there’s been endless speculation about what the win from Donald Trump will mean for not only the US, but other countries around the globe. Would you believe that the predictions for Australia’s property market range from doom and gloom through to […]

The 14 Property Must Haves For Every Property Investor

Every investor – whether expert or amateur – should be looking for the same things in a property investment to ensure its success. While there is no exact formula for buying a successful investment, it’s handy to have a checklist to consult to make sure you’re on the right track. Below are some of the […]

13 Ways to Maximise Your Rental Yield

While a property investor’s major goal is likely to be capital growth, they’ll also be looking for solid rental yields to help them hold onto their asset. To achieve the best possible rental return, you’ll need to maximise the appeal of your property to potential tenants. But what do tenants want? Generally they’ll want a […]

Is Housing in Australia Affordable?

Ahhhhhhhh, housing affordability. That old chestnut. It’s a topic that’s been hotly debated a million times over! And will no doubt continue to be for many years to come. The general consensus is that property in Australia is unaffordable. The results of a recent survey seemed to confirm this, with the proportion of adults who […]

Property Investor Buys James Packer’s Property

So, I’ve just heard the news that James Packer sold his multi-million dollar home, and a property investor buys it! Forgive my bit of journalistic license here as I’m not sure if Dr Chau Chak Wing has purchased the property as an investment, but he is a property investor and developer.  Now, based on the […]

Follow the Golden Rules of Property Investment

Have you ever thought about writing something down that you can hand to your kids that will help them in their property investment journey? I have. I wish I knew at age 25 what I do now at age 45. So I finally got around to writing that article, but you know what – it’s […]

What Depreciation Rate can I claim on my Property?

Property Depreciation Rates – Timelines to Consider for Residential and Commercial Properties Property investors ought to know that when it comes to claiming building allowance, there is a maximum amount to go for which is the full 4%. Building allowances, which are deductions that allow you to claim your investment property’s construction expenses against your […]