I think you need to see this web page on the ATO site.

http://www.ato.gov.au/individuals/content.asp?doc=/content/43486.htm&page=7&pc=001/002/026/004&mnu=5060&mfp=001&st=&cy=1

The Real Estate Institute in your state should have standard contracts for the sale of land.

THe law society in your state may have them too.

Standard contracts in each state will vary.

Re Wooden floors

If you can afford it, go for a marble feeling floor. Wood is better than carpet, but extremely problematic when furniture is moved around and fixing a deep scratch may also be problematic. If you’re renting the place out, you don’t want to have to deal with inspection reports that detail every scratch on the floor.

Sometimes…[Read more]

Definitely agree that lighting makes a big difference. Firstly make sure the kitchen is well lit.

Having adjustable halogen lights adds value – but if you use special light globes don’t forget to tell your tenant / buyer where to buy the replacements from.

Having the right lights in the right place for features, artwork or just for mood…[Read more]

Hi there, I’m not a seasoned renovator, but I am a seasoned renter and sub-letter. The special touches make all the difference (it’s also why I’m having a lot of trouble finding a better place to live in right now for the rent that I pay!). One of the features I love about the apartment is that one of the bathrooms has been split into 2 half…[Read more]