Recent content by mercthunder

1) I have an investment property in Bendigo where i am paying interest only to the loan. It has never been owner occupied and has always been rented to a tennant from day one. I am looking to purchase a block of vacant land in a new estate within Sydney. The reason i want to do this is...

Hi Rolf, Being a newbie at this i am a little unsure of how this works. Are you saying i should pay interest only into the offset account, or as much as i like (min repayment, or even more than the min repayment). Cheers mate.

Hi all, Hoping to get some advice. I just got approval for an interest only loan, and i am wondering whether it's best for me to pay the interest only each month, or put down the minimum repayment and start building some equity in the property. My goals are to purchase my own property to...

Thanks. I will shoot you an email :). Not near Sandhurst unfortunately :(

If you are referring to real estate agents, i would love to know this info as well :)

Awesome thanks Ben. That has eased my mind a little, considering i don't know the area well and have been relying on internet research for this purchase. Yes, i was relying on the high depreciation to help me out there. I know 6.1% yield is nothing to boast about, but it seems decent enough...

Hi Ben. Thanks for the advice. My only concern with the area was that someone in another post commented on Long Gully being the "ghetto" part of Bendigo which worried me, so i was't sure whether California Gully is in the same category? This might not be a bad thing, because in Sydney, Mount...

Hi all, i have found a good new property in California Gully with good rental yields. I was wondering whether this is a decent area to invest? I am from Sydney and don't know much on the area, but the house is only 2.5 years old, pristine condition, and is already tenanted which is convenient...

Hi Sara, What do you think of California Gully? It is near bendigo, and has some nice new property there. Cheers

Hi guys, For an investment property i believe one of the key things to consider is the vacancy rate of the area. I was wondering what is considered a high vanacy rate, and what would be considered a lot vacancy rate? The suburb i am looking to purchase in has a vacancy rate of 1.2-1.3%...

Hi all, I was initially looking at a 3 bedroom 2 bathroom house to purchase as an investment. However, in the area i am looking at i have found a nice new 4 bedroom 2 bathroom house at a good price. My question is: Is it harder to tenant a 4 bedroom house? It seems most people would...

Hi Belu, I am mid 20's and finished university 2 years ago. I have saved up enough for a 20% deposit on a 300K house. My goals are to purchase an investment in an area that has good rental yields, and put as much equity as i can into the house over the next 3 years. I believe i should be able...

Thanks for the great advice. I hadn't considered Golden Square so i will certainly take a look. I had mainly been thinking about doing a house/land package in Kangaroo Flat or Jackass Flat (Evergreen Waters). Cheers.

Hi all, i am thinking of investing in the above two areas. In terms of capital growth which of the two areas would be the best to invest in?

Thanks for all the information guys. So what do you think about Waterford/Beenleigh vs. Bendigo (VIC) in terms of capital growth? Which is the better area to buy?