Recent content by mkib

Thanks Y-man. I was looking at units in Chelsea as they seemed little affordable but the commonwealth bank property guide shows zero growth in that suburb in last 12 months. Any idea why?

Some of the properties I have looked at recently will go for auctions. I just learned today that you can't bid conditionally ie. subject to inspection. If I am the highest bidder I have to buy the property regardless of the condition. So, how does that work? Is it wise to pay an inspector before...

I have come across a property in bayswater of my interest. Its a unit close to train station, primary school and park. But a friend of mine told me today that bayswater is a 'bit of a rough' area. Is there any truth in this? I know people possess different opinions for a suburb. But I would...

Thanks for advice. I would definitely prefer a house than a unit but if living in a unit gives me the option to come closer to the city I would prefer that too. I would try to avoid noble park if I can. And Keysborough doesn't have a train station? How about Hallam and Narre warren?

Thanks a lot for your input guys. That gives me a head start for my search.

Thanks guys for input. Here's my need: Must-haves: - 3 bedrooms - Close to train station - Schools Not-importants: - Size of the property - House or unit Nice-to-haves: - Growth prospect Location preference: East/south-east; preferably not more than 35-40k from the city. The...

Hi guys, I know this an investor's forum but I was wondering if I could get some advice for buying my first dwelling place. The market is tough and I am struggling to find a place that meet my needs with a low budget$400k) I have. If this post doesn't go against the forum rules and members are...