Recent content by srkp

I would say it comes down to your limiting factor in investing. If you are short of deposit then Novated lease isn't a bad idea. You are saving on the GST as well. If your serviceability is the limiting factor then don't bother as brokers here said. Apart from the limiting factor in...

I am confused .. Value - 600, owe - 460 80% of 600 = 480. Though equity is 140k, bank will lend 480-460=20k without LMI. What can you buy with 20k for deposit + stampduty? Or am I missing something here?

Mine is in Blacktown council for sure. "Toongabbie is a suburb of Sydney, in the state of New South Wales, Australia. Toongabbie is located 30 kilometres west of the Sydney central business district and is part of the Greater Western Sydney region. Toongabbie is split between the local...

I should explore this option too. Any links to a consultant/planner active in Blacktown Council area who might be able to take a closer look at the site and suggest practical solutions? By the way, the property is in Toongabbie.

New to the forum and IP arena and seeking advice/help from experienced investors here. Recently bought an old house on a 700sqm land - close to station - in Blacktown LGA - cost $700k. Zoning - 2(a) - RESIDENTIAL 'A' CLAUSE 48 - which allows for dual occupancy. I knew subdivision of the...