Recent content by JBY

Id probably remove the prefix "parts of" and say all of Paddington - a particularly nice affluent suburb to rival Hamilton and Ascot. Id also add Rosalie to the list.

question The question was actually just for an valuation uni assignment. One I am currently having little interest in at the moment.....totally procrastinating.....I guess I was being lazy....:)

I think it was the term 'investment clock' I was thinking of. Whatever123, I think thats the answer I was looking for, cheers.

Valuers Salary Wow, thanks for the additional feedback - even if it isn't what I wanted to hear! :eek: Problem is I work in a stressful health care profession that I want to get out of and I am really passionate about property. The upside is that Im on nearly $80K a year, but I was hoping to...

People often talk about the property clock when referring to whereabouts in a particular sub-market the cycle might be. With that in mind, my question comes in two parts: 1. At what stage on the property clock do you think the sunshine coast residential market is now? and 2.) More...

Both loans are interest only via St George. Outstanding loan on property 1 is: $417,000, Variable interest rate is 6.23% Outstanding loan on property 2 is: $228,000, VIR of 5.43% (discounted rate until 31/08/11 and then it will switch to the same rate as property 1) It was only a quick...

Property 1: investment property purchased for $520K approx 2 years ago with 20% deposit. I haven't had it revalued but I suspect its worth $650-700K. Currently rented at $550 pw. Property 2: My PPOR purchased almost a year ago for $286500, again with 20% deposit. Not sure if any capital...

Im with St George and they have two types of offset. There is one that appears to operate in the way described by StuartW. This type is the only one available for PPOR home loans. Its my understand is that the other type of offset a/c provided by St George (to investment properties only)...

Thanks Rockstar, that was the response I was looking for. Do you live in your house in question or rent both aspects out? It sounds like you have the electricity account in your name and that you pay it and then seek reimbursement from the tenants. I dont want to self-manage and would be...

I live in a small 2 bedroom pole home. Ive had a quick verbal quote done and for approx $100K I can build a 2 bedroom flat with kitchen and 1 bathroom underneath it. In other words, it will be an exact replica of my existing upstairs floorplan done underneath. I want to either rent both out...

I own and use PIAfpu, Personal Professional Version V7.018 for my investment property. There are two aspects that Im not sure how to incorporate into the program - 1. HECS Debt. My HECS debt obviously effects my gross pay and cash flow. I believe that my rental income is also factored into...

Thanks to you all for your feedback, I really appreciate it. The place has definately not been renovated and needs some minor painting work done. Id probably say all the fixtures are the original ones and quite old, except mabe for the air conditioning. Id also suggest the quality of the...

No photos at the moment. Its a 2 bedroom brick duplex. Just need to know that based on the information provided whether or not it is worthwhile paying $600 for a depreciation schedule. Cheers.

Hi all, Just a quick question - My girlfriend is about to rent out her PPOR and therefore convert to an investment property. I advised her to get a depreciation schedule from a quantity surveyor, but I've just found out that her unit was constructed in 1985. Not sure the exact date. I am...

1.5 hours is definately too long a commute to Brisbane. When I say population growth, Im referring to the people actually moving to the sunshine coast to live and work. Anything else is a bonus for me personally.