Recent content by AStuart88

Yep, their lease ends January next year - if no sale was made by then we'd look at ending it without. Haha, I'm not too fussed about prices sky-rocketing in Narre Warren, I've made a reasonable profit on it without incurring CGT and the extra saving money will be great. Certainly makes...

Hello, My partner and I are going to be buying down in Pakenham in the next 6-12 months. I currently have an investment property rented out at $1000 pcm (in pocket). We won't really start looking for at least another 3-4 months and won't be making any commitments until we've sold the...

Thanks, Flexirent stands at 200 PCM and I have a credit card with a limit of 9000. This generally gets used for the majority of purchases and paid off monthly / bi-monthly. Any idea is appreciated, a rough estimate is better than none. :)

I thought this may have been the case. I just started a new job about 2-3 months ago so the extra money has been goIng to my other non-deductible debt. Were just looking to get out of renting ASAP - wouldn't even think of buying for a minimum of 6 months. May just have to put off buying to...

Hello, I'm just after a rough idea of whether or not we have a chance of getting a loan - or any borrowing power at all. I have an appointment with st George in about a week but would still be nice to have a rough idea if whats possible. As it stands we have... One IP - p&i @ about...

Hello, It's been a while since I've posted on here, I was doing a lot of reading back in 08 when I bought my first property at 21 - a two bedroom unit in Narre Warren (Vic). Circumstances have changed now and although I probably didn't put as much money as I should have into the property due...

May as well give the business a bit of a plug. www.kitchensubuild.com.au Flat-Pack Kitchens, designed for DIY but installation service is available. I can vouch (obviously :rolleyes:) for the quality of the product used, and it's certainly still affordable. Wide range of colors and...

Thought I'd add my piece too, don't mean to hi-jack the topic or anything. I was also included in the June issue of API, just a small interview regarding buying in this economic climate. Seems a great little mag, I'll be getting a subscription shortly..

If you're looking at it long-term, you'll probably definately see a rise in Pakenham. Who knows whether it'll be within 2 years, or 20 years though. I wish I did! If I had to choose between Frankston and Pakenham though, Frankston would definately be the best option, quite a few...

Plenty of new estates going up around McGregor road, was it one of those house and land packages they're advertising around there at the moment, or just land? I Was looking at buying around there for a while, but decided on Narre Warren instead. Give it around 10 years, and I'd think that...

I live about 15 minutes out of Pakenham, and as said below, it's definately in the growth corridor. If you're looking at it for long-term capital gains, the south-eastern sprawl is probably going to ensure that you do get some decent gains but at the moment, I couldn't see much happening there...

Hi, I've recently purchased a property to use as my PPOR with settlement due on the 17th of April. Everything seemed to be going fine, no issues with the conveyancer until on the 14th of April I get a call from my conveyancer stating that basically, there was mis-communication between their...

Been flat out the last few days organising utilities for the unit, and starting to pack my things. Only two weeks until settlement (that is, if everything goes well) now, so starting to get a bit excited! :D Yes, my loan was just under 90%, around 89%, the LMI was only $2000, I don't really...

Only two units on the block, rented for $220 p/w...Monthly returns would've been around $950

It's a hard question to answer, as different areas of the market are going to experience different degrees of growth/reduction. Obviously, we'll have a better idea of where things are after July 1st, as by then, whether the FHBG is removed, reduced or kept as is, the sense of urgency will be...