Search results

Am looking at a potential IP in Melbourne, block is around 700m2 and has a 2br house on it which would rent out easily. The property has already got plans/permits for a 3BR townhouse to go out the back of the block. My feeling is that in order to secure this place at auction I'd need to go...

I hear many say that in order to accumulate wealth you must "pay yourself first" whenever you receive your wages. Two questions here: 1) What is a reasonable percentage? 10%? As much as you can? 2) Is keeping as much $$ as possible in your mortgage offset account considered as paying...

You may have seen my other threads - we're looking for our first IP with up to $330k to spend. Looking around various Melbourne outer suburbs... Our initial thought was to look for a place which could be easily rented out now, but with a block big enough that over time we could build a...

Hi all, Looking for my first IP in Melbourne - looking to spend up to $310k A couple of questions: Obviously, being close to a train station is desirable. I've been trying to find places no more than 2km from a station. Does being this close to a station make much difference? What...

Hi everyone, My wife and I are looking to buy our first IP - up to $300-310k. Like everyone else we're looking to get the best rental return and capital growth over time.. The areas we're considering are St Albans and Lalor. Both appear to have good PT connections and reasonable...

I'm looking at a property in Footscray, Vic - as a place to live - not an IP. Block is 640m2, in theory could be sub-divided - but we would not do so as we'd want it to become our family home. Here it is. House itself is old style - beautiful facade. Definitely needs some work...