Recent content by adam73021

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    Footscray - apartments

    I'm a little confused and hopefully someone can point me in the right direction or confirm the obvious. From all the research I've done the prices for Footscray have & are increasing, yet properties I've looked at have sold for more in the past than what they're asking now :confused...
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    340k where to buy?

    Like this? http://www.domain.com.au/property/sold/apartment-unit-flat/vic/north-melbourne/?adid=2011959042&sp=1
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    Looking at an apartment - water damage from above

    I have a feeling I'm going to get the "stay away" response in bulk, but I'll ask the question anyway; I'm looking at purchasing an apartment that is 11 years old as an IP, during the inspection I noticed that one of the power points was covered with tape - I asked the REA about it to which he...
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    Where to not buy

    If anyone has ever been there you wouldn't stop for petrol, my general advice is to go around it.:p Quite an eye opener.
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    Thoughts of Maribyrnong unit/apartment

    Just thought I'd post this up, I found it fairly interesting that unit prices in Maribyrnong have declined over past 5 years - I'm guessing this has something to do with oversupply?
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    Insurance on unit/apartment with body corp

    Thanks for the responses guys.
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    Footscray - apartments

    Thanks Ivan, have updated the links.
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    Footscray - apartments

    Interested in people's opinions around 2/3br apartments towards the centre of Footscray as an IP? Something along the lines of; http://www.domain.com.au/property/for-sale/apartment-unit-flat/vic/footscray/?adid=2011782372...
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    West Footscray - good streets/areas?

    Whilst on the Footscray discussion; What are people's thoughts around 2/3br apartments towards the centre of Footscray as an IP? Something along the lines of; http://www.domain.com.au/property/for-sale/apartment-unit-flat/vic/footscray/?adid=2011948360...
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    Melbourne: Has any suburb boom then busted?

    You couldn't buy the microwave for that price :D
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    Insurance on unit/apartment with body corp

    I am potentially looking at purchasing a unit/apartment as an IP, this particular property has a body corp. I've been told that body corp generally incorporates some sort of insurance that covers the building and that I won't require "full" insurance per your average suburban house. I presume...
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    Thoughts of Maribyrnong unit/apartment

    I am looking for my first IP, price range would be sub $350k. I have a decent deposit & am looking at something that will essentially be cash flow neutral & relatively simple to manage. I have been recently looking at units/apartments in Maribyrnong, predominantly around the Wests rd area. I'd...
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    Online repayment calculators - how does this make sense?

    I've been doing my figures and looking at alternative means of finance, I've been stumped by some of the online repayment calculators finance companies provide. Loan amount is for $240k Loan term is 25 years Repayments made weekly Bank of Melbourne: 4.65% Minimum repayments: $312.33 per...
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    Off the plan - excessive plan of subdivision time frame?

    I'm currently looking at an OTP purchase intially for an investment that will eventually become my PPOR. The contract had a special condition which has me worried. Is this excessive? Either party may by notice given to the other end this contract if the Plan of Subdivision is not registered...
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    Heating/Cooling for a triple storey

    I'm currently looking at building a townhouse that will initially be an investment but I plan to move in at a later stage. I've been told that evap/refrig cooling & ducted heating may not be possible/inefficient in a triple storey. Does anyone have any experience with this or can anyone shed...
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