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    Melbourne April 2010 Somersoft (MIG) meeting - 28th of April

    Sorry won't be able to make it tonight. Have fun!!
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    Melbourne April 2010 Somersoft (MIG) meeting - 28th of April

    Count me in too!! Thaks for organising PT_Bear. Cheers.
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    Renovating For Profit Course - Anyone Been?

    Seriously considering doing renos or subdivisions, been reading books and all, but really need to get a start on things. Anyone in Melbourne who is doing this for a living and willing to have a chat or take up an apprentice or evn a JV?? Cheers.
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    Some people!

    WOW $54k reno on just a kitchen??!!:eek::eek: Could have renovated the whole house with that kinda money!!
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    Subdividing a block in Dandenong

    400m2 might be a bit small to further subdivide. I know most councils would be looking at a site of at least 300m2. But then again, all councils different. So might be best to check up with the local council.
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    Over priced fee for obtaining a town planning permit

    ''I am about to do the same thing in Brimbank. Indications I have are around $3.5-$5k for this process. This is using a planning firm or a draftsman who does this a lot.'' RightValue Hi RightValue, The cost mentioned $3.5-5k is just for the permit to subdivide? How much would the...
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    Who knows of a good builder in Melbourne

    Which area in Melb are you looking to build?
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    RP Data Group Access - anyone interested in access??

    Anyone know how much the subscription will be per annum? And how many log ins will there be? Cheers.
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    RP Data Group Access - anyone interested in access??

    Hi guys, i'd be interested in Victoria if any one wants to share. Cheers!!
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    Capital Gains Tax - investment property

    Thanks for the infos guys!!
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    Capital Gains Tax - investment property

    Hi all, cant seem to find a straight forward answer for this question. I hope someone can help me out. Thanks in advance. Say I purchased a property (in my own name) purely for investment.... Scenario A - Rented it out and decided I want to sell the property within a year, what would be...
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    New Eynesbury township - west of Melbourne

    It actually not that near to Melton. Drove there last weekend, and its roughly 10 mins from the main Melton town. Just curious though, as to why that township was built with no other housing estates surrounding it? It has only one access road at the moment. Golf course is done but no schools...
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    Incentive for agent

    1.5%?! Is that all? I was actually expecting around the 2-3% mark. Is that the standard commission rate in Vic?
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    Incentive for agent

    I'm curious to find out what is the % commission agents get in Vic? And is it the same % to sell a house/unit/apartment and to sell a piece of land?
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    melbourne CBD or close to.

    Let me guess Xynergy, you have some properties there for sale yea?
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    Melton Vic.

    Very interested in knowing if there are any new infrastructures or any other new developments going on in Melton at the moment? I know the Deer Park Bypass is ongoing and the Melton Harness Racecourse is going on too. Anything else besides these?
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    Under $300k in VIC?!

    I would suggest the western part of Melb like Melton, Werribee as I'm a big fan. It's cheap and the potential for growth is there. Sure the growth in the past might not be as good as the other areas but if it's one of the fastest growing area in Vic, i don't see anything wrong with that. That...
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    1st IP - New House & Land package?

    I think with everything, there will always be good and bad. But I think if you are keen to start investing (or first time buyer) the most important thing is to TAKE ACTION. I myself have gone through it also. Was keen to get started in investing in 2005. But I spent too much time reading up...
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    Buying Subject to Section 32

    I agree, they need to give you the Section 32 before any buyer signs anything.
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    Tax issues with Overseas Investor

    Thanks for the reply Josko. I'm assuming then that he will not be taxed in Australia? Only taxed in his own country? Sorry I'm new to this but I need to speak to my solicitor in regards to....??:confused: Are there any criteria for someone from overseas to open a bank acc here so they can...
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