Recent content by Kmoney

  1. K

    Thoughts on Bendigo, VIC?

    Thanks for all the informative responses guys. Redwood, cheers, I'll give the local council a call, I used to live about 40mins from Bendigo, and visited often, so have a rough feel of the area. Brisbane, thanks, sounds like you're doing pretty well from the area, 2/3 is pretty good...
  2. K

    Thoughts on Bendigo, VIC?

    Looking at CG properties, close to the town center for a minimum 10 year hold period. Large block sizes preferable, and these still exist. Having trouble trying to find some good information on zoning laws though, if anyone can point me in the right direction? I think the hospital upgrade...
  3. K

    Advice on first IP

    Sorry guys, I should've clarified better, loan is sitting around 198k, or 168k taking into account money in offset. Colin, what advantages would there be in going I/O on the current loan? Thanks for your replies guys, appreciated. K.
  4. K

    Advice on first IP

    Thanks for the quick reply Rolf. My other liabilities are minimal, minor amounts on a credit card, and an average car etc. Income is very low risk, in job for 4 years and not likely to move in short term. In regards to structure, I'd be going I/O if I were to proceed, but am unsure as to...
  5. K

    Advice on first IP

    Hello all, first time poster but have been reading forums for a bit. Like to ask advice on current situation: Purchased PPOR 6 months ago, halves with brother (Separate loans). House bought for 500k, for my 250k share I had a 50k deposit. Initial Loan amount: 200k Amount in offset: 30k Loan...
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