Rural

Outside of residential valuations our expertise is in assessing hobby farms and lifestyle properties up to approximately 100 Ha.

An important component of rural valuations needs to take into consideration the 2 Ha Rule when applied to Capital Gains Tax (CGT). As an example when you sell a farm or lifestyle property the main residence up to 2 ha can be exempt from CGT i.e. Land that is used primarily for private purposes. Land area beyond 2 ha can also be exempt if it is deemed part of the main residence for domestic purposes.

We can also complete plant and equipment valuations in colaboration with our partners in order to assist with capital gains tax assessments.