Category Commentary

Council Rating Subsidies

Council Rates: Who Pays More? The land speculator or family home? Under Capital Improved Valuation (CIV)/ Net Annual Value (NAV) the land speculator typically gets a 30% discount in rates over the family home. Capital Improved Valuation penalises homeowners for…

Renovating for fun and profit

Toby Johnstone in the Sydney Morning Herald is at it again, suggesting renovating for profit in Sydney makes sense. On September 8 he profiled 50 Princes Street Bexley where a bright-eyed couple spent 5 years reclaiming a ‘swamp’. The property…