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    Ridiculous strata fees gripe (again)!

    LOL I think that's right - in this case the reason it's so cheap is BECAUSE of the incredibly high strata. There are a couple of other old CBD buildings that are similarly 'cheap' (ie not). I imagine it could rent for $800/wk, but it still wouldn't be worth it. I'm guessing there's major...
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    Ridiculous strata fees gripe (again)!

    When I think of ridiculous strata fees, I think of this place: http://www.domain.com.au/Property/For-Sale/Apartment/NSW/Sydney/?adid=2009039444 Now, you could argue it might be a typo, but judging by the auction price guide, I don't think so. And I'm aware of other commercial/residential...
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    Lock In

    Yeah, fine, I should have said not worth it FOR ME. I never fix for more than three years anyway, and the prices they've quoted when I've fixed in the past were just ridiculous compared to my personal risk assessment. My point was there's no sense in rate lock for the sake of rate lock unless...
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    Lock In

    I've always been offered rate lock at a cost of a couple of hundred or so... which usually makes the rate lock not worth it. I'm surprised they said they 'couldn't' do it, but in this environment it wouldn't be worth your while anyway imo. My rate actually went down a fraction of a percent due...
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    New Loan Drawn by NAB to change the Interest rate from Varaible to Fixed

    Just to say I had the opposite experience - I also fixed one loan with NAB recently, thought they would treat as a 'new' loan, but they just basically changed it for me and just sent me a letter advising they had done so. But I had a low LVR (<50%), not sure if that makes a difference. They did...
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    Epping unit, Buy now or wait till next year

    Yes, it looks like the one from the school site. As I say, you want to be as close as possible to the school (under current selection procedures) to get priority. They have over double the number of applications as there are places I think (usually there is also a local co-ed school serving the...
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    Epping unit, Buy now or wait till next year

    How do you feel about Eastwood? Similar price for 2 bedrooms, probably even cheaper, although the quality may not be as high. Greater variety of shops, local school is very highly rated. Parts of Eastwood are in the Cheltenham Girls catchment too but there's no guarantee you'll get in either way...
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    Yields in Sydney

    Obviously. Just trying to give him some kind of base to start from as per his question.
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    Yields in Sydney

    RPdata claims a latest 'indicative' yield for houses of 4.3% and units of 5.1% for Sydney. Make of that what you will!
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    Buying in Epping, Beecroft, Artarmon

    You should be able to get a villa/town house further down the train line in Eastwood at that price (just) or definitely in slightly cheaper West Ryde. Also possibly Marsfield, but that wouldn't be as near a station. A three-bed unit should also be doable in Epping.
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    Who's paying my strata fees?

    Yep it's probably going to the wrong address, at which they are just ignoring it. I've had similar things happen with council rates and water bills, both of which I had to chase up. PM is supposed to pay if you've given them the duty of doing so BUT obviously they won't if they haven't received...
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    Is Australia facing an economic downturn/recession?

    While I can't speak to the general position of the disabled in Singapore, you have to remember that labour is cheap, relatively. For instance, a full-time live in carer from Indonesia might cost AUD$300/month, then double that for insurance, room and board, levy, etc., so AUD$600/month. You see...
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    Add another building to an existing strata plan??

    Not quite the same thing, but there was an apartment block in the CBD where owners of a top floor apartment (possibly two together) applied to the body corporate to use the roof space plus apartment roof to create this mega-apartment. The proposal went through, and the apartment was revalued in...
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    Buying PPOR in Epping NSW

    I'm guessing you've considered it already, but just in case - is there any reason you need a 'good-sized' block? You could get something villa-sized within walking distance to the station for that price, which seems to me enough for a young family. If nothing else it'll save you time on the bus...
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    Tenant requests - reasonable?

    Appreciate all the replies! Thanks Wylie, I'd call it a 'medium' property, not high end like the one you describe but I appreciate your story. So I should probably have just pushed the lease date back to their actual move-in date? It's just that they originally said they would take the lease...
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    Tenant requests - reasonable?

    So, this has never happened to me before. Tenants sign lease, pick up keys a few days before they're actually going to move in. They then come back to the RE agent demanding another clean (I've been through the place and it's very clean imo, and the agent who did the original inspection report...
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    The Very Best Selling Agents.....

    - return your calls - answer your questions, even if 'it's on the brochure' (then why did I just overhear you telling someone something different?) - don't assume anything about you by the way you look - talk to both/all parties when a question is raised, rather than directing sole...
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    Utilising Tax Credits

    If I understand this correctly - and I might not - you can "use up" the losses by NOT investing in another property when your properties turn cashflow positive. Since the rental income is income derived in Australia, you can then offset those past losses against the positive cashflow from the...
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    what makes property price in Australia (Sydney in particular) overpriced ?

    Singapore's fertility rate is one of the lowest in the world at < 1.2, lower than Japan's, and well below the replacement rate of 2.1. I'd say they're aware of it, but maybe not in the way you might imagine.
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    what makes property price in Australia (Sydney in particular) overpriced ?

    Yeah, we lived in Singapore for a few years - even considered buying property there, didn't - and the markets just aren't comparable imo. In a country where 80% of the population or thereabouts lives in an HDB, that's their 'standard', just as the three-bedroom house on a block of land is ours...
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