News

LAND TAX TIME

18 Jan 2018
Land Tax assessments are due to arrive shortly. Tax is levied on land values over a threshold. The threshold for 2018 is $629,000. If you feel the new valuations are not correct, you can object within 60 days. Importantly though, you must have exa...

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UP UP AND AWAY!

9 Aug 2017
In around 1970 John Hill & Co sold a pair of semis in Emmett Street, Crows Nest for $30,000. One of them is coming up for auction with a price guide of $2,100,000! Some quick maths shows a compound capital growth in excess of 10%. You don&rsqu...

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​NO MORE COUNCIL MERGERS

1 Aug 2017
The decision to halt Council amalgamations in Sydney is an opportunity foregone to see cost savings and a more sensible attitude to redevelopment. Most people could not care less about their council, unless something affects their property. This i...

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ELECTRICITY: SHOP AROUND TO SAVE!

4 Jul 2017
We have just renegotiated the electricity contract on an office building we manage. If the usage is high enough, we can approach competing suppliers to quote to supply power and contract fixed pricing for 1, 2 or 3 years. The charges for supp...

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BUDGET BLUES

27 Jun 2017
With the Senate passing the Gonski education funding, it looks like the budget will go through as announced. It is largely more of the same - big deficits and some tax increases. For property, low interest rates and availability of money mean prop...

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