Recent content by eltonsky

My two cents worth. In general the low rental yields will certainly hesitate investors. However, many low end markets in Melbourne still have 4~5% yield for houses. The problem is in more sought after mid to prestigious markets which have merely 2.5~3%. This may result in some price...

I am not sure. We still have triggers in place: population growth and cheap money. As the current economy, it's unlikely to raise interest rate in next couple of years. The rental yield is merely 2.5% for house at the moment, I didn't see ppl slow down even a little bit. And compared with the...

Hi Beelzebub, Thank you for the insights. Looks like the plans and proposals on gov websites are just mirage. Like you suggested, looking at gov funding is a better/safer approach. Cheers Elton

Hi guys, Thank you guys! I have got quite a few designers (and some one stop service provider) here. Do you know any good planning advisor, who's focusing on planning permit phase? I got one from a friend, called Millar&Merrigan http://www.millarmerrigan.com.au/. They ask for 13.5K for the...

Thanks MTR, Is there anyone specific you talked to from Cadox? Cheers Elton

Thanks guys for the generous sharing (either post or private messages), Really appreciated! Cheers

Hello guys, I bought an IP in mooroolbark (Yarra Range council) last year. It's 900sqm corner block. And with price pushed up quite a bit last year I am thinking of subdivided and put in 2 units. In short, I like to build two 3 bedders 2 bathrooms double garage, two or single storey (TBD...

Hi Peter, Googling "Melbourne 2030" yeilds Melbourne 2030 - Planning for sustainable growth. In Direction 1 - A More Compact City, it lists activities centres around melbourne metro. I think I'd concentrate on the principle activity centres for the long term. It gives me a reason to look at...

Hi Guys, Thank your for your inputs! norwoodman, Thanks for the links. I had a look at ptv projects. The new station projected in southland shopping centre attracts my attention. It's gonna start in the 2nd half of this year and finish in 2017. Looks like a good trigger for a boost. I will...

Greetings forumers! I have to say I am impressed with the varieties and active levels in this property investment specific forum. Wish I've found it earlier... Anyway this is my first post here and conventionally I start with a question on my mind. I have been looking for a development...