Recent content by Newbie247

Yes JPS25, that's them. The Island Waters apartments are the more exclusive ones which are above my price point unfortunately - all built by the same developer though. I did think that having the Island Waters apts in close proximity to the Broadwater Apts could only be a good thing though...

I agree that the underlying investment is what's important here and unless I'd buy the property without the NRAS entitlement then I wouldn't be buying it with the entitlement (although the NRAS incentive certainly does make some properties a lot more appealing). Take the Kawana Waters property...

I'm getting some figures from him later in the week so will have a better idea of whether it's potentially worth the heightened risk. Not sure of his commission either - this is payable directly from the developer. He does seem very knowledgeable on NRAS and everything he has said to date has...

He didn't say that tourism would be the main driver - just one of them. I think the LNG project was the main one - and likely to result in a greater need for affordable housing. I'm looking to spend as little as possible (probably around $365k on an apt.), so the 20% rental discount won't eat...

Hi, I'm a long time reader of these forums but first time poster - hoping some of you might have some words of wisdom for me. I have one IP at present (a 2 bed Apt in Camperdown, Sydney) which is doing quite well. I've been looking to get an NRAS property for quite some time. I've seen...