by actionproperty | Nov 15, 2018 | Property Disputes, Valuation Matters |
The issues of (1) properly disclosed site contamination and (2) a subsequent value fall 30% below the purchase price, were pivotal in the high-profile dispute over an iconic Brisbane development site sale. Queensland’s Court of Appeal confirmed the initial...
by actionproperty | Jun 23, 2017 | Leases & Rentals, Valuation Matters |
W.A.L.E. is a relatively new benchmark adopted by the Australian property investment industry. Obviously, it’s not a mammal, so what does it mean? Simply put, it is yet another benchmark by which to compare investment property value. The Property Council of...
by actionproperty | Jan 14, 2017 | Property Disputes, Valuation Matters |
The loss in value arising from a central QLD Council issuing an incorrect planning development certificate AND the loss in value caused by a falling market were some of issues arising from a buyer believing the property had industrial zoning when in fact it was rural...
by actionproperty | Mar 16, 2014 | Valuation Matters |
A high profile Sydney court battle highlights the inherent conflict between the industry adopted meaning of “Market Value” and a Mortgagee’s duty under Section 420A of the Corporations Act when undertaking a “Forced Sale”. The Act requires in exercising a power of...
by actionproperty | Mar 14, 2013 | Council Rates & Land Tax, Valuation Matters |
The next time you are passing a house on a large block in a built up location or a small farm in the suburbs, chances are that you’re subsidising their Council rates and State land tax … enjoy. Here’s why …. A 2012 token review of the Land Valuation Act...
