Brisbane has become one of Australia’s most dynamic housing markets in 2024, with dwelling values hitting impressive record highs. As of September 30, 2024, the median home value is $881,000 (source: CoreLogic), making it the second-highest capital city median after Sydney and surpassing Melbourne's median earlier this year in January. This is a promising opportunity for property investors, but it is essential to remain aware of significant capital gains tax (CGT) liabilities

Estate planning is a vital process that ensures accurate asset distribution, tax compliance, and informed decision-making. Accurately valuing your assets is essential for effective estate planning. In this blog, we'll explore why engaging a professional valuer is essential for effective estate planning. Reasons to Engage a Valuer: 1. Accurate Asset Valuation: A valuer provides an unbiased and accurate assessment of your assets, ensuring your estate plan reflects their true va

As a rental property owner, understanding Capital Gains Tax (CGT) events is crucial for accurate tax reporting and minimising potential penalties. A CGT event occurs when a significant change happens to your rental property, affecting its value.   Why Timely Property Valuations Matter - Ensures accurate tax reporting - Reduces risk of disputes or audits - Saves costs by avoiding complex and costly retrospective valuations (see our previous blog on Retrospective Market Valuati