Posts Tagged ‘Property Observer’
Why would a Quantity Surveyor be the life of the party?
Listen. I’m a Quantity Surveyor (QS) who specialises in tax deprecation so, frankly, I’ve heard them all: Q. How can you tell if a QS is extroverted? A. In conversation, he looks at your shoes instead of his own. Q. How does a QS make a bold fashion statement? A. He wears dark grey socks…
Read MoreTax Depreciation Calculators – Is there merit in the estimates?
Google is telling us that more and more people are searching for a ‘tax depreciation calculator’. Admittedly, this search ranked well below the top 2016 result of ‘US Election’ and even a few million short of number 6 ‘Pokemon Go’. Putting the self-deprecating Quantity Surveyor stuff to the side for a moment, searching for an…
Read MoreSydney leading the charge as dwelling values rise in May
Whilst month on month figures are a little haphazard, the last quarter has seen Sydney prices grow by 6.6% with Perth and Hobart the only capitals in negative territory. Our current property growth cycle comes to around 4 years now since May 2012 and values have risen 36.6% to May 2016. Sydney’s growth for this…
Read MoreInside a 2.5 million dollar northern beaches holiday home
There are certain pockets of Australia we find ourselves coming back to alot, and fortunately one of those places is Bynya Road, Palm Beach. We were engaged to prepare a capital allowance & tax depreciation schedule on this stunning holiday home. Estate agent Amethyst McKee described the property as a “charming timber and sandstone home…
Read MoreWhich terms in real estate ads result in higher prices?
In a recent study in Canada by a Professor Paul Anglin, an analysis of the language used in real-estate ads shows that certain words are strongly correlated with the final sale price of a house. Surprisingly words like ‘charming’, ‘spacious’ and ‘fantastic’ do not equate to a higher sale price. The study dissected the wording…
Read MoreMCG on Property Observer Today Discussing Phase A Depreciation Estimates
We’re on Property Observer today discussing Phase A Depreciation Estimates and how they can be used by developers and sales agents to help market a development. You can view the full article on our blog or via Property Observer here: http://www.propertyobserver.com.au/depreciation/understanding-phase-a-depreciation-estimates-and-how-they-can-save-you-money-mike-mortlock?utm_source=po&utm_medium=aida&utm_campaign=observers
Read MorePhase A Depreciation Estimates – For the savvy investor and shrewd agent
Proactive property developers and sales agents are using Phase A Depreciation Estimates, or ‘Phase A’s’, to help market developments to investors. What is a Phase A? A Phase A Depreciation Estimate is a report which shows the potential depreciation deductions available to a property investor, based on a specific property or development. Phase A’s are…
Read MoreMCG Director Mike Mortlock on Property Observer Today
Our article on the influence of real estate terms on sales prices has been featured on Property Observer today. You can take a look at the article here: http://www.propertyobserver.com.au/industry-news/the-five-words-that-help-sell-your-home-and-the-five-that-don-t-mike-mortlock/2012111557844
Read MoreLessons from Freakonomics – Are real estate incentives aligned with the goal of achieving the highest price?
** This article appeared on Property Observer Today ** I’ve recently returned from some time in the United States, and I always find Americans’ service gratuity or ‘tipping’ an interesting contrast to life back in Australia. Tipping got me thinking of the book Freakonomics (which I’d recommend to anyone who’s interested in bizarre correlations and…
Read MoreReplacement Cost Estimates for Insurance – Premium vs Peace of Mind
Home insurance is a balance between minimising the cost of the insurance premiums paid, and maximising the peace of mind that comes with knowing you’re adequately insured. Too often home owners focus only on the premium and are not even sure how a replacement cost estimate is calculated. A little knowledge goes a long way…
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