News

The Macadamia Nut Industry in Bundaberg: A Hub of Agribusiness Innovation. Bundaberg, located on Queensland’s central coast, is renowned not only for its beautiful coastline but also for its thriving agricultural industry. The region has earned a strong reputation as a prime producer of macadamia nuts, avocados, and citrus fruits, as well as sugar cane, small crops and grazing. These sectors contribute significantly to the local economy.

If you own a short-term rental property that you lease through platforms like Airbnb or Stayz, you could claim thousands of dollars in tax deductions through tax depreciation...

Regional Markets Outpacing Capitals - Townsville Leads the Way. A recent PropTrack Insights Report has identified Townsville as Australia’s fasting-growing property market.

Construction Costs Ease, But Builder Confidence Still Fragile. The nations construction sector continues its slow recalibration, with the latest ABS data showing a modest 0.7% rise in construction costs for the June quarter, down from 0.9% in March. The annual increase now sits at 3.4%, marking the lowest year-on-year growth since late 2021. While this signals a welcome easing in inflationary pressure, the industry stays cautious, with builder sentiment still subdued.

Establishing Value at a Point in Time. Requests for retrospective valuations are becoming much more common, particularly in family law matters. Retrospective valuations are often necessary to establish a property’s value at the beginning of a relationship, thereby determining contributions for each party in the event of a separation.

As we round out the series of articles based on the findings of the Valuation Insights Report, produced by the Australian Property Institute earlier this year, the last sector to discuss is Commercial property.

Sydney’s transport hub projects are set to reshape commercial property significantly. Strategic planning and rezoning around key stations are unlocking new investment opportunities and shifting how we live, work, and do business.