Month in Review

1 Month in Review Commercial - March 2022. The Month in Review identifies the latest movements and trends for property markets across Australia. A message from our CEO Welcome to the March edition of Month In Review Month in Review March 2022. The pace of change in the world is frantic at present. Here we are, about to complete the first quarter of 2022 and the news so far has been historic even life- changing for many people. In fact, it's almost unfathomable that so much upheaval has occurred since my previous CEO's message just four weeks ago. Natural disasters continue to unfold across our country's eastern seaboard with storms from Brisbane to Sydney wreaking havoc and upending lives.

2 Floods and weather events like these can shake our confidence and feelings of permanence. I'd like to extend our support and sympathy to everyone affected by this recent disaster. Then there's international tensions specifically the conflict in Ukraine. The scale of the human tragedy is difficult to comprehend from this side of the world. The ramifications are likely to reach our shores economically as well. For example, the battle in Eastern Europe will help drive inflation here in Australia. Petrol price hikes are already delivering pain at the bowser and shipping costs continue to creep up. Of course, an uptick in inflation usually prompts a rise in interest rates from the RBA and those will directly affect property market confidence.

3 Australians are proceeding into a year of uncertainty in the real estate sector. Markets have come off record highs in 2021, but a series of events set to unfold this year could slow the momentum. During these turbulent times, the best course of action is to seek calm, rational opinion from experts, and that's where Herron Todd White can be of service. In this COMMERCIAL. Month 's issue, there's a wide range of information to assist in your real estate matters. - OFFICE. CEO. We have advice from our quantity surveying director, Ben Walpole, on maximising your tax position. Then there's national overview submissions in residential and commercial delivered by two of the most knowledgeable professionals in their field, commercial director Angeline Mann, and executive director of valuation & advisory Drew Hendrey.

4 In our main commercial section this Month our valuers have delivered their take on what's in store for office property investment in 2022. Among the stories are: Melbourne - A flight to quality' will see businesses move back to the CBD from fringe and suburban locations;. Perth Borders reopening will spark a wave of intrastate and overseas migration that will help alleviate the skilled worker shortage;. Townsville There'll be downward pressure on rents in line with smaller office space requirements. Please enjoy the March edition of Month In Review . Gary Brinkworth CEO. 22. The investors playbook: 2022. Month in Review March 2022. Buy land, they're not making it anymore.

5 - Mark Twain While Mr Twain was full of good advice, I'm not From your first home through to building a portfolio that ensures certain he was fully across the myriad investment options available to the average Aussie beyond you a comfy seat at the pointy end of the airplane in retirement, simply buying a block of dirt. Land is great, of property investment is something we all have an opinion on. course, but the opportunities are more diverse than that. As we head into 2022, the landscape for building property investment can't afford to miss a word. a property portfolio has changed somewhat. Property ownership is a time-held tradition among In our commercial section, you'll discover a Yes, there remain plenty of positives with post- Aussies.

6 We just love a bit of real estate! From compilation of submissions setting out office pandemic normalcy somewhere in the future, your first home through to building a portfolio sector performance in 2022. Again, these are strengthening domestic economic confidence, that ensures you a comfy seat at the pointy end of the nation's most respected experts in their COMMERCIAL. rising employment and continued low interest FEATURE. the airplane in retirement, property investment is sector and service areas. From purchase prices - OFFICE. rates all helping bolster values. That said, there something we all have an opinion on. to returns to rent details, there is simply no other are international security concerns, increased source as compelling as this for commercial Of course, a lot of damage can be done by having construction costs, potential interest rate rises, property stakeholders.

7 Just a cursory understanding of the subject. Near looming inflation, a federal election and even enough' or thereabouts' is unlikely to keep you recent weather events that will all have an Finally, some of Herron Todd White's rural financially secure in the investment space. An influence on market performance too. teams have delivered their round up of primary opinion delivered by your best mate's uncle at a production property markets throughout Central to success will be relying on advice from barbecue isn't necessarily the most reliable source various locations and industries. This Month 's qualified independent professionals who are of information. Simply owning property for a long submissions also highlight what's influencing their keyed into speciality locations, price points and time and enjoying capital gains doesn't make you market's activity.

8 Property types. an expert. While the information here is nothing short of Enter the crew from Herron Todd White. incredible, it is general in nature. If you have a This Month our residential teams around specific property query, then get in contact with Australia deliver their opinions on how to your nearest Herron Todd White office. Among our successfully invest in 2022. They have crew will be a specialist with the expertise to tackle provided a comprehensive playbook on your real estate quandary. what to consider and what to avoid on a location-by-location basis. There is an enviable amount of excellent information throughout this Month 's report, so anyone with even a cursory interest in 3.

9 QS Corner Month in Review March 2022. Ben Walpole - Quantity Surveying Director Property investment strategies primarily focus on the potential for capital growth, but to achieve The cost of a Herron Todd White tax depreciation schedule this, whether over the short, medium or long term, the investment needs to support its financial is tax deductible and is usually recouped many times over responsibilities, which is generally achieved through rental or business income. The issue every investor allowances for items such as plant and equipment. A tax depreciation schedule is an essential tool for then faces is increased tax obligations due to the Depreciation applies to all property investment all serious property investors looking to maximise income derived from the investment.

10 Categories: residential; commercial; and rural. the benefits of owning their investment property. The Income Tax Assessment Act 1997 allows owners If you don't have one, you could be missing out For the majority of capital works (buildings) the of investment properties to claim annual deductions on thousands of dollars each year in allowable COMMERCIAL. annual rate of depreciation is per cent based FEATURE. for depreciation on capital works (such as buildings deductions. - OFFICE. over a 40-year term from the date of construction. and structural improvements) and capita The inclusion of capital allowances (plant and The cost of a Herron Todd White tax depreciation equipment) is industry specific.