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    Opinions on specific property

    G'day, I am wondering if anyone could offer some views on the property below and reasons that it may not have sold. http://www.realestate.com.au/property-unit-vic-frankston-113790523 I can't remember off hand but the rent being achieved is about $230 per week and the strata is...
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    Tenant lease expiring - what to do

    I would definitely check with your insurance provider to see if they cover periodic leases, I know that mine doesn't. Remember it is a negotiation, if you do decide to go with a periodic lease it may be worthwhile increasing the rent and stating your case that the increased rent is justified...
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    Building / pest inspection before offer?

    We recently put in an offer subject to finance and building inspection. The offer was accepted and we the proceeded to have the building inspection completed. The building inspection identified that the house needed re-stumping so we walked away from the deal. There was no complaints or...
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    St Albans

    They don't call it "Stab Albans" for nothing!
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    Corio & Norlane

    Many thanks to everyone for their words of wisdom and advice. We looked at a few properties in Norlane and one in Corio during the week. They fell short of some of our key criteria so we'll see how we go. One observation was flying around the streets on motorised bicycles seems to be the...
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    Corio & Norlane

    Thanks for the advice thus far guys. We're attempting to keep budget to $210,000 or less with a big block so Werribee and Hoppers Crossing are just out of our range. Can JacM or anyone else narrow down the areas or streets of Corio/Norlane that are undesirable? By the way, has anyone...
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    Corio & Norlane

    G'day, We're a 31 year old couple with a newborn currently living in Melbourne. We have an investment property in Perth that is close to neutrally geared and are now looking to purchase a principal place of residence here. Our rationale is that interest rates are at historic lows, the...
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    When buying, to do checklist?

    Other items you may wish to add include: - Pest inspection - Check if there are any overlays on the property (may prevent you from making alterations or redevelopment) Isn't it best to have a building inspection completed before signing a contract of sale (before a deposit too if there...
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