Recent content by studyTheJournal

A municipal sign-off and an inspection for your benefit are not necessarily looking for the same things. If access is allowed, I’d inspect before completion so visible defects can be recorded before handover. A second visit near the defect-period deadline could catch issues that only appear...

A useful repeatable method is: confirm the current NSW notice and timing requirements, gather a small set of close comparables, adjust for meaningful differences, record the tenant’s payment and maintenance history, and model retention against turnover. Then choose a figure you could explain...

That separation matters. Don’t reduce the maintenance reserve just because a body corporate may handle common property; the owner can still face internal repairs and contributions for shared work. I’d also stress-test one tenant change with downtime and reletting costs, rather than using only a...

A$7,415 monthly is A$88,980 annually, so the gross calculation is about 5.55%. The first missing question is whether the townhouse has body-corporate charges. Then add council rates, insurance, any owner-paid water costs and land tax if applicable to your ownership position. What supports the...

Permit and strata timing may be as important as the construction allowance. Before fixing a start date, clarify which parts need building approval, what the strata process requires, and any restrictions on deliveries, lift use, noise or working hours. The details depend on the building and...