- The normal valuation method is not
used as a set formula. The popularity and demand at the time
establishes true value.
- The manager's unit has both
residential and a commercial entitlement, quite often with an
office, etc. Its market value usually exceeds the value of
residential home units of similar style.
- Various prestige high rise complexes
have sold for over five times the annual net income, with the
current rate being about 4.0 to 5.2 times the net income.
(Covering all QLD and NSW areas)
- Net income is usually equated at
$4,000 - $6,000 per holiday unit, and approximately $1,000 - $1,500 per
annum for permanent letting unit.
- Occupancy rates depend on location,
size and style of buildings, etc.
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