Hi All, Need a bit of advice please. I am talking to an agent about a land in Victoria that is yet to be titled i.e., end of 2017. The person booked the lot from the developer around 6 months back and will sell it with some profit. Contract price with developer - $255k. Sell price now: $285k The agent told me that the sold price in record would be $255k and any potential CG tax would be calculated on the basis of $255k sell price. Am I missing anything? I will talk to a conveyancer tomorrow however love your feedback on anything I should be concerned of. Thanks in advance! NB: If everything goes OK, this is going to be my 2nd investment.