What's Depreciation?
New to the property investment game and struggling with the lingo? You’re not alone. Below is one definition posted by news.com.au to build your real-estate knowledge.
What’s depreciation?
> Depreciation
Often investors can claim a po...
Read moreProposed New Tax To Help Home Owners Remove Asbestos
Did you know that 1 in 3 Australian homes contain asbestos? With home renovations on the rise, many Australian's are purchasing homes built before 1985 with the intention of doing small renos through to complete rebuilds. Unfortunately, many people a...
Read moreA Good Building Inspection Is Better Than An Expensive Cure
Put yourself in Hao’s shoes. He buys his dream home only to discover a buyer’s worst nightmare: most of his buildings are illegal.
As the Whittlesea Council says: His bungalow was constructed without a permit. And to add insult to financial in...
Read moreTwo Things You Need To Know About Smoke Alarms
One: Smoke Alarms Aren’t Always Reliable
Smoke alarms aren’t always reliable which is why a professional inspector can make your job easier and life safer. A good inspection takes into account adequate positioning and operational status in orde...
Read moreRental Reforms To Hit Queensland
Queensland’s 40-year-old rental laws are under scrutiny. One big potential change: making it easier for tenants to own pets and more pressure to address repairs in a timely manner. Property owners, however, may have more powers in their hands to ch...
Read moreProperty Management and Smoke Alarms are Good Friends
Property management and smoke alarms are good friends. Or at least they should be. Worst possible scenario: Inaction can lead to deaths and a stint in prison.
It’s a familiar story, even in developed countries, however. From one BBC report: “A...
Read moreNew homes & Termite zones
An increasing number of councils across Australia are seeing the value in designating residential zones as termite prone areas in an effort to help local communities avoid costly repairs and horror surprises in the future.
Victoria is the only Aus...
Read moreYour Health Health Before Mould
Imagine if you were battling the following: Nose bleeds, chest infections, sinus troubles, asthma, hair loss, breathing issues, chronic fatigue, rashes and headaches.
Sad to say, but these are just some of the potential consequences of living with...
Read moreInadequate Site and subfloor drainage
A sub-floor is the structure and crawl space between the lowest floor and the ground. High moisture levels in these areas promote fungal decay and other timber pests such as termites.
All sub-floors and crawl spaces should be considered as having ...
Read moreHouse Inspections Take Time
Okay, random question: How long would you spend inspecting a house before buying it?
In Australia, more than half of homeowners (58%) spend less than an hour inspecting before the big buy, according to research put out by ME bank. Thus, it’s not...
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