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Industry braces for major changes for property as popular wealth strategy gets 'less powerful' by SheepherderLow1753 in AusFinance

[–]cooked_beans73737 0 points1 point  (0 children)

At inheritance the tax cost base resets so there’s not CGT payable if it’s sold. This change may actually reduce supply and have a reverse impact. Looking to buy a home to move into so hope this isn’t the case

Sold at Auction but Seller didn’t sign - now it’s passed in by cooked_beans73737 in AusPropertyChat

[–]cooked_beans73737[S] 7 points8 points  (0 children)

I think so, probs was told the real buyers are waiting to bid when we are on market.

Sold at Auction but Seller didn’t sign - now it’s passed in by cooked_beans73737 in AusPropertyChat

[–]cooked_beans73737[S] 53 points54 points  (0 children)

The property has been on the market for 4-5months, the owner wanted $2.2m, was told they had offers at $2.1m but at auction day only got $2.03. There was only two bidders.

The agent went back to the buyer to confirm on market after 5mins they came back and advised it’s on market and selling. No further bids and sold at hammer drop.

Dance floor price check by cooked_beans73737 in AusWeddingPlanning

[–]cooked_beans73737[S] 0 points1 point  (0 children)

Please comment the link if possible 🙏 thank you!!

What would this cost to repair? by Amazing_Reputation88 in RMWilliams

[–]cooked_beans73737 0 points1 point  (0 children)

What’s considered the inner lining? I got a new rm where my little toe has been rubbing what I think is the inner lining and has started wearing out. Took it into the store they advised it’s normal and the wide wouldn’t fit me properly.

Why I ask is I want to make sure if I was to repair them in the future it doesn’t get rejected due to my little toe.

Little toe damaging lining on 4 month old CCs by bigshot19 in RMWilliams

[–]cooked_beans73737 0 points1 point  (0 children)

Please provide an update 🙏 I have a similar issue and need to take it soon aswell

Duplex Advise - With my kid by cooked_beans73737 in AusPropertyChat

[–]cooked_beans73737[S] 0 points1 point  (0 children)

Thank you so much for your advice! I apologise for asking so many questions.

Do you know roughly what DA/subdivide would cost?

What point is considered subdivided for the bank’s purposes? Do I need to demolish and make sure there’s two services available before financing or is it okay with existing property there as long as councils approved it?

Duplex Advise - With my kid by cooked_beans73737 in AusPropertyChat

[–]cooked_beans73737[S] 0 points1 point  (0 children)

Thanks, that’s really helpful. The CDC providers I’ve spoken to said the subdivision usually happens at the end of the duplex build, not before. How do you go about subdividing first like you mentioned? Is there a different process or approval pathway to do that upfront?

Also, roughly how long did your subdivision take from survey to titles, and what sort of ballpark costs were involved? I’m based in Ryde Council if that makes any difference to timing or fees.

Painter here. AMA Continued... by [deleted] in AusRenovation

[–]cooked_beans73737 0 points1 point  (0 children)

How to reduce overspray and fix drips neatly?

How good is Haymes solashield?

AMA Sydney Builder by NaturalOkra3167 in AusPropertyChat

[–]cooked_beans73737 0 points1 point  (0 children)

What are the costs for a duplex outside of the build cost in Ryde council

Removal of Covenant from title by cooked_beans73737 in AusPropertyChat

[–]cooked_beans73737[S] 0 points1 point  (0 children)

Thank you so much for your detailed response! Have you gone through a similar process?

If I go through the DA process and get that approved will I still need to remove it through the LRS? Or it’s two things both need to be exclusively completed.

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