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Intel Xeon E3-1231 V3 3.4GHz Quad-Core Processo Is that a good processor or could I get something better? Money is no object but 1200$ NZD is max

Yes this is an often recommended Xeon in the gaming community due to its excellent price to performance ration in games. It performs (at least in games) a little bit better than a 4770 and hassupport for ECC RAM.

http://linustechtips.com/main/topic/334934-unofficial-ltt-beginners-guide/ (by Minibois) and a few things that will make our community interaction more pleasent:
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Don't change a running system

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Based on what you want to do with the server, you may find older, usually second hand server-grade gear cheaper. I am not saying that the E3-1231v3 isn't a good chip, it is, and I am using it too in my hackintosh, just it being a new platform may cost you too much for your job.

The Fruit Pie: Core i7-9700K ~ 2x Team Force Vulkan 16GB DDR4-3200 ~ Gigabyte Z390 UD ~ XFX RX 480 Reference 8GB ~ WD Black NVMe 1TB ~ WD Black 2TB ~ macOS Monterey amd64

The Warship: Core i7-10700K ~ 2x G.Skill 16GB DDR4-3200 ~ Asus ROG Strix Z490-G Gaming Wi-Fi ~ PNY RTX 3060 12GB LHR ~ Samsung PM981 1.92TB ~ Windows 11 Education amd64
The ThreadStripper: 2x Xeon E5-2696v2 ~ 8x Kingston KVR 16GB DDR3-1600 Registered ECC ~ Asus Z9PE-D16 ~ Sapphire RX 480 Reference 8GB ~ WD Black NVMe 1TB ~ Ubuntu Linux 20.04 amd64

The Question Mark? Core i9-11900K ~ 2x Corsair Vengence 16GB DDR4-3000 @ DDR4-2933 ~ MSI Z590-A Pro ~ Sapphire Nitro RX 580 8GB ~ Samsung PM981A 960GB ~ Windows 11 Education amd64
Home server: Xeon E3-1231v3 ~ 2x Samsung 8GB DDR3-1600 Unbuffered ECC ~ Asus P9D-M ~ nVidia Tesla K20X 6GB ~ Broadcom MegaRAID 9271-8iCC ~ Gigabyte 480GB SATA SSD ~ 8x Mixed HDD 2TB ~ 16x Mixed HDD 3TB ~ Proxmox VE amd64

Laptop 1: Dell Latitude 3500 ~ Core i7-8565U ~ NVS 130 ~ 2x Samsung 16GB DDR4-2400 SO-DIMM ~ Samsung 960 Pro 512GB ~ Samsung 850 Evo 1TB ~ Windows 11 Education amd64
Laptop 2: Apple MacBookPro9.2 ~ Core i5-3210M ~ 2x Samsung 8GB DDR3L-1600 SO-DIMM ~ Intel SSD 520 Series 480GB ~ macOS Catalina amd64

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