Search results

Thank you all, certainly a lot to think about and yes wish we had of looked into it more when first striking the deal. Rob. The date of contract was 1 November 1985 for the family home. The date of settlement is not on the record provided by the land titles office. Gary your assumptions are...

Thanks Hotrod very prompt response! Are there other deductions she can make to reduce that bill? That was less than I thought it might be, seems a fairly straight forward calculation as well. We thought we might need to sell the property if the CGT was too high and mum gift our share to...

Dear learned ones. I will be booking into see a tax specialist with my my mum but would like to float the question first with the Somersoft community. Love this site! Mum purchased the family home for $55,000 on 1 November 1985 apparently just 2 months after CGT was introduced on 1 September...

Franga North has dropped 39 places and is now ranked 212th in the Ages liveability ranking. 200. Plenty +28 $$$$ 201. Boronia -61 $$ 202. Seaford -49 $$ 203. Bentleigh East +51 $$$ 204. The Basin +14 $$ 205. Diamond Creek +18 $$ 206. Dandenong -34 $$ 207. Watsonia North +3 $$ 208...

Afternoon all Must say I am unsure how the bypass will positively effect Frankston North. I am sure it will but would like to ask why? Frankston North already has easy direct access to the freeway/ Eastlink this will not be improved upon. With the bypass now making it easier to travel to...

Dear knowledgeable ones Myself and the lovely wife are looking for our first home that we will live in. We have an IP at the famous 3200 postcode and are now in a position to find a house just for us! We have been looking around the Maidstone area and apart from a lack of shops and a train...

This one at 32 Jenkens st, sold for $227,500 according to the Herald Sun http://www.realestate.com.au/property-house-vic-frankston+north-106647911 Still some cheapies to be had. Obviously need a bit of work but a great IP for the price I would think. Cheers

G'day bigBucks Could you please expandon that a little. Is Patterson college a dodgy one? Is this a good or bad thing?

Hello all I have been following the sale prices in Frankston North over the last year or so as I have my 1st IP there and it seems that the prices have been on a slow and steady increase. The amount of homes sold each weekend looks to have dropped significantly since this time last year...

Hi Monopoly I by know means meant to give theimpression I have been blessed with great tenants. The Frankston North Tenant is a dream. My Rosebud house on the other hand... Where do I start! Consecutive tenants vanadalised and trashed the place making it unliveable whilst my insurance...

Sorry Pickle Pickle nohard luck story here. The tenant I have had in my IP for the last year and a half is almost perfect! Always in advance on rent, makes own repairs and always happy for a chat:)

Thank you all for the responses, it really does help to get advice of people who have hadmore experience than I in this area. I love this forum! Happy to advise I have now placed a tenant in the home until the start of November,which means the house will be available during summer or peak...

Just thought I'd offer up my own limited but very recent experience of internet advertising. I put a holiday rental add on Gumtree.com which is a free service, allows you to upload photos etc.. Two weeks on the add has had approx 150 hits of which 4 people have contacted me. Out of the 4 I...

Yep fair enough. The license and credit card option would at least allow me to have them tracked down for expenses if things went wrong! I'm hoping to do all this privately as well, which may casue extra issues if tenants get nasty. It's an older house but one well loved. I already own the...

Thanks PP! I'm going for the all out approach of renting (Hopefully) as a holiday rental for the period Nov through Easter and then looking for someone to take up a six month lease in between. Obviously I may be looking for something I may not be able to achieve:p. An added benefit of the...

Hello people Apologies if I am in the wrong section but I was hoping to seek some advice from anyone who uses one of their properties fro short term rentals. I have a furnished house in Rosebud I was hoping to use for holiday rentals. I realise the market is strongest over summer but I...

Purchased one in North Franga about 15 months ago for $240,000. Thought I had got in on the tail end of the growth then! Still going up slowly but surely. I have been renting it out to a tenant for $210 per week, up from $180 when first purchased. He takes great care of the house has never...

Hello all Most likely the wrong thread :p but just wondering what you think a ball park figure would have been to build this particular unit we are talking about? I too purshased a home in North Franga in the same area and currently reside there. It might pay to start toying with the idea of...

Thanks Rolf. Sorry to ask but can you clarify the bolded bit for me? Cheers