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Hi guys, I am wondering are there any capital growth potential for student accomodation ? (normally such student accomodations have high rental yields) I don't expect the CG for such accomodations is great, but can it go negative in several years time? Any thoughts are welcome. Thanks.

Thanks guys, that really helps. this is our first IP, so at this stage, by considering our budget, we probably will buy an villa in a relative good location and hopefully the rental yield is good as what Bayview said.

Hey Gigantor, Very interesting indeed. you make me feel like placing an offer. Thanks for sharing. My major concern is from a capital growth perspective. having said that, the land component would be of particular importance. as we all know, apartments don't own land whereas villa does...

Thanks guys. They are really helpful!! I got a copy of section 32 today from REA and read through it. it contains the body corparate certificate, but it didn't specify if I can do renovations inside the property( leave the outside untouched). I would like to put a wall in the middle of the...

Hi guys, Just wondering if any of you may recommend me a good Conveyancing silicitor in Melbourne (either good reputation or you've appointed before)? I would like to buy a property but struggling with legal issues. of course Fees is another concern. Thanks guys.

Sorry Bill, I am really new to this area, could you give me a more clear answer for the question? do you imply that the answer is yes, i do own the land? Moreover, If I would like to tear down the property later on and rebuild a new one, (I wouldn't touch the shared wall which is part of...

Hi Guys, Just a question on villa unit, i understand that a villa unit is an semi-detached house, and you don't own the common area such as stairwells, driveways and gardens. but my question is do I own the land where the property is standing on ? somebody told me that the land is under my...