Recent content by Totaro

Again thanks Blacky

Hmmm, so far it seem the opinion is more in favor of Brisbane instead of Gosford?

would Fortitude Valley be a good choice, for its close distance to CBD and the Showground? Seems like a trendy suburb, but also there seems to be a lot of high rise building going up.

Good find LeoT. I'm not necessarily going to do the actual development, but if there's subvidable potential why not...not sure how things work in QLD but in Sydney sometime ppl just do the DA and flip the house with profit Any particular suburb to start off my searches?

I have to admit that Brissy has not been on my radar until very recently, so apart from recalling many prediction, I was not too sure about the fundamental drives. For sydney I can see these, being population growth incl migrant inflow, lack of housing stock, massive state gov spending on...

thanks Blacky, that's very good advice. Job will be located in Austria. Employer is kinda like an NGO and they have special agreement with both Australia and Austria tax authority and they have made it clear that salary will be exempt from local income tax. However since I'm already spend half...

Salary would be denomited in USD so should be fairly stable. I heard big banks generally multiply 0.8 for foreign salary as a buffer, but that should give me similar or just slight less loan capacity. Servicability will obviously depends on AUDUSD exchange rate. MB=mortgage broker, BA=?

would a house around 10-15km from CBD, or a unit near CBD (say south bank, fortitute valley) makes more sense? It seems near CBD there isn't too much detached house stock. gross yield for CBD fringe apt seems to be ok but strata can be a pain. Another concern for Brisbane apt is whether it will...

I will soon be relocated to an overseas location and employer has told me the salary would be exempt income. I'm contemplating of getting an investment property before leaving for the new post. It will add a bit of stress and there is a risk of making rush decisions, however I have certain fear...

Another crazy weekend in Sydney...while I reside in Sydney and believe there are still some room to go, I start to wondering whether other area provide better value in terms of capital gain over mid term (2-5 years)? I'm not too sure about the affordability issue and whether some hot areas has...

The one with three units does have one kitchen for each, so three kitchens. Council says there is no DA on file. Agent said if it's done internally then council won't bother. I doubt how true it is... I'm sure if there is an inspection, the owner would deny wrong doing...but if there are...

why is that?

So it is possible to do it legally via a application for multiple occupancy? Where can I find relevant info? I searched the SEPP and LEP and only saw rules about granny flat but not multiple. I tried to search on council's website for the two above mentioned properties, but there isn't any...

in case of the above two property, they are both zoned as R2 low density residential. They both in Parramatta council

I refer to recent advertisement on realestate.com.au. It seems some properties have been converted/extended/Granny Flat to produce three or even 4 rental incomes. Links: http://www.realestate.com.au/property-house-nsw-guildford-117121187...