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I personally do not believe that prices will be going down much further. Working with agents, open homes have been insane (WAY more people than last year) and people are paying above the asking price as there are multiple offers.. This was unheard of 6 months ago... Maybe a little bit of...

Yeah usually 2 weeks rent up front and 4 weeks bond paid up front by tenants then released to the owner in the middle or end of the month.

Actpla Hello, Do you know about the new subdividing laws? You should call up ACTPLA for more info as from what they have told us, all dual-oc's will be stopped permanently in March and only multi unit sites made up of more than one 800square metre blocks in core area can be made. If you...

Hi Kristine, Thanks for that I'll keep that in mind. What other options could you recommend? Could they maybe lend me a deposit out of thier equity so it looks like a cash gift then later I get a personal loan to pay them back? Cheers :)

Thanks every body! Thanks for every ones imput. You guys/girls have given me a better idea what to look for. I went down to the bank today and made an appointment some one to see what would be required to qualify for an investment loan... Now to answer peoples questions: - I do not owe...

Hello all, Just to introduce my self, I am 19 and I work in the Real Estate industry... Sorry if this post is a repeat by the way :eek: A bit on my situation right now... I have very little costs as I am currently paying board so I can most likely afford to negatively gear 1 unit (yes I...

Hello, Working in the real estate industry in Canberra, I can say that Gungahlin would not be suitable for investing in at this stage. My reason is that there is too much supply, but not enough demand. If you go to www.allhomes.com.au you will see that there are dozens of houses there for...