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Thanks Guys I suspected it was cheap for a reason. I have done very little research on NSW, mainly been looking in VIC and QLD. Are there any areas around Mount Druit where you can buy a unit or town house for around 300k that might be less troublesome?

Hi I'm a Perth base investor looking for 3rd IP I have been trying to find properties that are or are close to cash flow positive. I have come across Mount Druitt, the numbers look good, 2x1 for low 200s but seem to attract rents around 260 - 280 per week Does anyone know much about...

Hi I have just been looking into NRAS properties but cant find much about selling these properties. Does anyone know what happens if you buy one and need to sell it after a few years? Some company's that are selling NRAS properties state they can be sold at any time to another investor...

thanks guys

Hi Can anybody please recommend me a conveyancer or solicitor in Adelaide with reasonable fees? Thanks Adam

What about Smith Field? Found some brand new 3x2 villas there for 260k Looks closer to train station but further from the expressway

Hi Gools Thanks, you make a good point, our First IP was in an area south of perth, when we owned there it was new and was a pretty good area, now it has changed a lot ( in 5 yrs) , lots of run down houses, lots of graffiti and a fair bit of crime. I have been grappling with the idea of...

Hi Gools I was looking at 3 bed villas like this one http://www.realestate.com.au/cgi-bin/rsearch?fslm=1&a=o&id=106234635&t=res&s=sa When you say further north would you include Andrews Farm as a potential area. What is Andrews farm and the other areas you mentioned like compared with...

Thanks for the info guys.

Hi Guys Thanks for the info. As far as Salisbury goes is there any one area that is better than the rest, ie north, east, heights, downs,park. I am getting the impression the further from Elizabeth the better. Sounds like for the few hundred dollars in air fares it might be worth coming for...

Hi everyone I am considering buying my next IP in Salisbury and am interested if anyone has any thoughts on this area and the idea of investing in SA overall. I see there are things happening like the new expressway and Olympic dam upgrade but on the other has I have read posts referring to...

Thanks for all the info, I'm thinking using a BA could be the go, now the questions is if the first home buyers grant goes is now the time to buy or is it better to wait a few months?

Hi Propertunity When the silent sales occur is it true to say these properties have only been for sale for a short time, hence no marketing has occurred yet. As a buyers agent advised me they often negotiate price reductions of 10 - 15% my question is why would a vendor accept such a low...

Thanks for the advise. I'm looking in Brisbane at the moment and looking to spend around 400k, probably on a town house, I thought when the agent told me 10 - 15% it was a bit excessive. I think the buyers agent option is looking good. Most of them seem to suggest around 7k, would thins be about...

Sorry wrote this in the wrong forum

Hi everyone As I wrote in my first post I live in Perth and am looking to buy interstate. I have contacted a few buyers agents and discussed buying properties in the sub 500k bracket and was surprised to find they are suggesting they will consider property's 10 to 15 percent over your budget...

Hi Rixter Thanks for the advise...yes, living out of the state means I want to set and forget as much as possible, however I would intend on visiting one a year and obviously try to find a good property manager. Just been looking at town houses in Carindale, any thoughts on that area...

Hi All I'm new to the forum and I'm looking to invest in Brisbane. We have a budget of 350 - 400 k and at this stage looking at town houses or similar. I live in Perth and as mentioned in this forum a few times buying inter state can be tricky. We currently have a IP in Perth and don't...