Property Investment Q&A

  • I’ve had my home for more than 20 years, but have decided to downsize and move closer to the city. It’s a pretty old place and I was wondering what the merits are of knocking it down, subdividing and then selling the land? It’s my PPOR, so will I have to pay CGT? read more

  • They say it’s a buyers market at the moment, so investors are in a good position to negotiate prices. My worry is that in some areas it’s a buyers market for a reason – no one wants to buy there. What will indicate that an area is not worth buying into at the moment, even if there are many bargains there? read more

  • 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. read more

  • We're thinking of renting out our PPOR and buying another property to live in. The median rent in our area is around $300 per week. What tax concessions can we claim when we convert our home to rental? Is it better to just sell rather than rent it out? read more

  • What are the legal implications of selling to family members? My wife is a real estate agent, so she has a fairly good understanding of what’s involved, but we’re not sure if we should transfer the title or complete a normal contract. Is there any way to avoid excessive fees and charges, stamp duty, capital gains, etc? read more

  • Question: My husband and I recently signed a contract of sale for a property passed in at auction that was subject to building and pest inspection. When we signed the contract we understood that there was no cooling off period, and we noted that the contract included a clause saying that the contract could only be ended if the building and pest inspection found 'major structural defects'. read more

  • Question: I plan to buy my first property in Melbourne soon. I will live in this property for a minimum of six months, renovate it, and rent it out as an investment property. I’ve heard that borrowing via trust structures can be useful: What are the main pros and cons to using a discretionary family trust structure? read more

  • Q: I’m an investor with 4 properties located in Sydney. In the last year or so I have had valuations done on two of my properties by professional valuers. In both cases I had more than one valuation done as there appeared to be no consensus on the properties' value. Indeed, the low and high valuations varied by $80,000 on one and $95,000 on the other house. read more

  • My wife and I own our townhouse (strata title) outright with no mortgage. It’s valued at around $300,000 and located in NSW. We hope to sell this and buy a bigger house later in the year so we have more space for our children. Do you think we should we buy the new house before jumping into the property investment market? read more