News

As the financial year approaches its final quarter, now is an opportune time to review your investment properties. One effective strategy to enhance your return is through a tax depreciation schedule, a cost-efficient approach for claiming depreciation on property investments.

Australia’s Housing Crisis - An important step in helping ease the pressure on the housing crisis gripping many areas of Australia is the establishment of the Housing Australia Future Fund (HAFF).

The last of our three key trends impacting the Australian Office Market in 2024 is Technology, held up as the solution to various challenges.

When undertaking a valuation, particularly on behalf of a lending institution, a valuer carefully considers the risk profile of the property.

Within this year alone, we’ve seen an increase in instructions for retrospective property valuations, which can add another layer of complexity to an already intricate process. These retrospective dates can go back as far as 20 to 30 years, and sometimes even longer before that.

Climate change presents an existential threat, evident in extreme weather events, rising sea levels, and disruptions to ecosystems. The urgency to mitigate these effects has prompted global consensus on the need to limit global warming to below 2 degrees Celsius, preferably 1.5 degrees, as outlined in the Paris Agreement. Central to this agenda is the achievement of net-zero emissions, where the balance between greenhouse gas emissions and removals is neutral –a crucial milestone in combating climate change.

A warm thank you for those that joined us at our Sydney Harbour Sailing Soiree on Wednesday 21 February.

The Real Estate Institute of Queensland (REIQ) recently released its Residential Vacancy Rate Report for the December quarter 2023, which shows that the market continues to remain very tight, with a distinct undersupply of rental properties across all regions of Queensland. The statewide vacancy rate for Queensland fell slightly to 0.9% for the quarter. According to the REIQ, most markets remained well within what the REIQ classifies as tight (vacancy rates of up to 2.5%), with over half at 1% or below.