Q: I want to sell my Melbourne home, which was bought six years ago. The area has experienced particularly strong growth in housing prices, so I’m expecting to sell for more than I originally paid. But the real decision I’m struggling with is whether to renovate the property before putting it on the market. Is renovating really worth the time financially?
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Q: I'm buying a turnkey/completed brand new house, with no body corporate complications. The developer of the estate built all the fencing and I’m wondering if it is necessary to do any checks on these boundaries or encroachments – and, if so, is this only possible if we purchase or arrange a boundary survey?
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Q: I want to purchase my first investment property, but am unsure if I should buy a new or old property. How will the property’s age affect my tax claims on depreciation? I was told by friends that it’s not worth buying properties that don’t have depreciation benefits. Is this true?
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Question: I have recently changed jobs (two months ago) and my wife is expecting our first child in the next six months. With the housing market ripe for the picking, and having saved a 15% deposit, we’re thinking of buying our first home.
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