Your Key to Property Success

At Master Key Realty, we know that real estate is about more than property — it’s about people, their stories, and the trust they place in us to guide them through one of life’s biggest decisions.

We’re delighted to introduce Alan Robertson, who brings a wealth of experience and a genuine passion for helping people achieve their goals.

Alan’s background spans senior management in the corporate sector, where he worked with clients ranging from the Australian Defence Forces and major corporations through to many small businesses. He has also built and sold his own successful company working alongside owners of multi-million-dollar residential, commercial and business properties. With decades of experience negotiating, problem-solving and delivering results, Alan’s greatest strength is his ability to relate to people and understand their needs — making clients feel at ease throughout the process.

A long-time property enthusiast, Alan has bought, sold and renovated his own homes over the years, giving him first-hand insight into what buyers and sellers truly value. Having called the South Burnett home for the past five years, he has embraced the country lifestyle and enjoys being part of the community — whether it’s chatting cars, connecting with locals, or even joining in at our sponsored Proston Golf Club event earlier this year.

Above all, Alan is known as a genuine, approachable person who goes above and beyond for both his family and his clients. We’re proud to welcome him as a co-owner of Master Key Realty, and look forward to the many ways he’ll support and guide our clients in the years ahead.
If you are thinking of selling, or simply want to chat about your property goals, you can reach Alan directly on 0460 008 500 or email alan@masterkeyrealty.com.au

If you're planning to sell property in 2025, there are important changes to the ATO Clearance Certificate rules that you need to know about! These updates affect ALL Australian residents selling property, and they could impact your transaction.

Here’s what’s changed:
As of January 1, 2025, the rules for foreign resident capital gains withholding have been updated, and it’s essential to understand the new requirements:

1. 15% Withholding Tax:
   If the property you’re selling is valued at $750,000 or more, 15% of the purchase price will be withheld by the ATO if you don’t provide a Clearance Certificate.
   (Previously, this only applied to properties valued over $750,000, and the withholding was 12.5%. Now, the 15% withholding applies to ALL properties.)
2. Clearance Certificates are Now Mandatory:
   ALL Australian residents selling property need to provide a clearance certificate from the ATO before settlement. If you don’t provide this certificate, 15% of the sale price will be withheld, and you’ll only get it back when you lodge your next tax return! 😬
3. Timing is Crucial:
   Most clearance certificates can be issued within a few days, but it’s best to apply early—it can take up to 28 days in some cases. If you’re selling property, apply for the certificate as soon as possible to avoid delays.

 ✅ The clearance certificate process is typically handled by your solicitor during the contract stage. They will organise the application for you and ensure it’s submitted to the ATO before settlement. 

How to Apply for an ATO Clearance Certificate
If you’re selling property in Queensland, visit the official ATO website to apply for the clearance certificate:
👉 Apply for an ATO Clearance Certificate https://www.ato.gov.au/single-page-applications/frwt-certificate

Why It’s Important
This new rule is in place to help the ATO collect taxes owed by non-residents selling Australian property. So, it’s important for ALL sellers to understand and follow these steps to avoid withholding tax that could take a while to be refunded.

Make Sure You’re Prepared!
If you’re thinking of selling property this year, don’t wait until the last minute to get your clearance certificate. It could cause delays and issues at settlement, which is the last thing you want when making a property sale.

Disclaimer:
The information provided in this blog is for general informational purposes only and does not constitute legal or financial advice. Please consult a qualified professional for advice on your specific situation.

Kylee Bassett
Licenced Real Estate Agent
Director | Principal of Master Key Realty
REIQ Accredited Agency
Po Box 33 Hivesville 4612
P 0434 431 353 

E kylebassett@masterkeyrealty.com.au