Recent content by maroon

  1. M

    Melbourne: Has any suburb boom then busted?

    It has got to be Port Melbourne! 149sqm of prime real estate, 666500 in 2012, sold for a mere 30000 last weekend... Lol http://www.realestate.com.au/property-house-vic-port+melbourne-119353151
  2. M

    Lot entitlements/liabilities - what to do?

    -------------------------------------------------------------------------------- I would like some advice on what I should do about the proposed changes to my lot entitlements and liabilities. Mine is Lot 1 (old freestanding house, separated by a wooden fence to newly built townhouses, no...
  3. M

    Body Corp entitlements/liabilities - what to do?

    I would like some advice on what I should do about the proposed changes to my lot entitlements and liabilities. Mine is Lot 1 (old freestanding house, separated by a wooden fence to newly built townhouses, no shared land/driveway) - entitlement 1, liability 1. Lots 2-6 are townhouses that...
  4. M

    Caveat AND title insurance

    Hmm, mine's fees to lodge the caveat is $300. Which is why I question the need for both.
  5. M

    Caveat AND title insurance

    Conveyancer is suggesting lodging a caveat AND taking out title insurance. I can't get a good explanation for getting both. From Stewart Title Residential Purchaser Information: Standard cover is also offered for the period between settlement and actual registration of documents to guard...
  6. M

    First IP Melbourne

    Thanks for the input Jake. Prahran apartment: Point taken about the ground floor position and the block. What's wrong with stucco? Asbestos? Or that most find it ugly? Positives I'd think are its location and return (rent 390pw, low bodycorp) Fairfield: Need to find out a bit more...
  7. M

    First IP Melbourne

    Hi all, My first post, although I've been lurking for a while. Done some basic reading on these forums and I think it's about time i get into the market. I'm working in regional VIC and will be moving around for the next 1-2 years, so thinking of an IP first, PPOR next. Earn a decent wage so...
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