News

Like the Idea of More $$ in Your Pocket?

With the end of financial year just around the corner, now is the time to re-visit the tax advantages of owning an investment property. It is timely now to arrange to have a tax depreciation schedule on your investment property. The preparation of a tax depreciation schedule by a qualified quantity surveyor will enhance the

Smoke Alarms – who is responsible?

In 1997 it was announced that every residential property in Victoria must have smoke alarms installed. How many smoke alarms required depends on the floor plan of each property, the property construction type and how many levels the property has. Over 10 years had passed since the introduction of this law and it became evident

Major Factors in determining your rental value

It’s a common misconception that rents will always continue to increase. Just like a properties sales value, rent adjustments should be made taking the following factors into consideration: Current Vacancy Rates Vacancy rates can be effected by supply and demand and seasons, depending on the location of your property. For example, if your property is