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Just released today, some very interesting stats on FHO's.. http://www.abs.gov.au/AUSSTATS/[email protected]/Latestproducts/4130.0Feature%20Article12007-08?opendocument&tabname=Summary&prodno=4130.0&issue=2007-08&num=&view= - The average FHO household income is over $100k. Much higher than national...

My sister/family is considering buying an inner-city Sydney apartment, this would be her first home. Her income is relatively low and on servicability alone would cover only around half the value of the apartment. She has over 5% of genuine savings already. Me and my parents have around...

I've got a PPOR that I'm just about to put on the market. Market in the area right now is starting to get stagnant after a hot run. A fair few new listings with only a few selling. I've had a 3 agents to come in and do appraisals, they are all appraising at $650k to low $700's mark. My...

I've got a house currently undergoing renovations that I'm thinking of either selling or renting out in the next month or two. The property is in Queensland I'd prefer to sell it since the future is now looking a bit scary, but the prices has probably already dropped so much that its too...

Can anyone recommend a good value rainwater tank installer in the Chapel Hill area in Brisbane ? Looking to get a few tanks installed before the council rebate closes at the end of June.

Deductions on repairs/renovations I just purchased a property in Brisbane that I will live in for at least the 1st 6 months (for FHOG and CGT main residence exemption). The property is built in the early 1980's (so no building depreciation on it). There's probably some improvements/works...

Are you allowed to claim expense deductions on a rented out property under Main Residence Exemption status ? Eg, Buy a house in January 2007. Claim FHOG, Stamp Duty concessions, etc. Move in to the house immediately. Move out of house in July 2007 (not to another PPOR). Rent it out...