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Thank you all for your valuable assistance and advice!!

Thanks that helps much!!! It will take a couple of town-houses on the block. Does this change anything? I want to keep one as PPOR and rent out the other one as IP.

I am thinking of demolition my 106 yr old house and building a new house in its place. I was told that prior demolition taking place, I can get a scrap value report issued by a professional (I can't remember who does such reports) and claim its value in my tax return. Is that true? If so...

Is there anyway to claim for house and contents prior demolition of house? Thanks any advice is welcomed. Mark

Thanks Rob!!

Thank you all for your suggestions. Merry Xmas and a happy New Year!!!!!

Thanks! The property in question is in Victoria. Does this help? Also is there someone we can call to find out?

Is there a way to get around the stamp duty payment if the child allows the parents to live in the home for free of charge after the parent transfers the title of their home to their children?

I would appreciate any guidance/comments/warnings on the following suburbs from anyone is living in Melbourne: BROOKLYN HEATHERTON HUNTINGDALE JACANA MARIBYRNONG NOTTING HILL SEDDON TOTTENHAM WEST FOOTSCRAY WILLIAMS LANDING YARRAVILLE Thanks!

Hi all, Great questions and perfect timing. I am ALSO looking at a few unit blocks in Melbourne within a 20km radius from city centre, does anyone know of a reliable builder/ inspector to go through these in Melbourne with a fine tooth comb? M.

Thanks "our obsession" for the advice and offer.

Hi, I am putting together a list of historical Median House Prices going back to 1988 in Melbourne and was wondering if anyone has already such information in excel format? If not, perhaps some experianced investors can suggest what information is best studied/attained from such a report...

I'll swap your "Residex-Best Rent Report" for "A Guide to Property Values 2008".

Thanks for the advice. I'll be talking to the rep. tomorrow and will let you know during the week. At this stage, I've very interested.

Hi Toe, I am still interested but can you please confirm current cost/6month for Vic and the reps details? Thanks!

Thanks Propertunity! Your guidence is invaluable!!!!!!! The fixed rate PPOR $250K is higher than current variable rate but is due to go to variable rate from March 2010. Should i still put it against the lower value loan? Or becuase its only 4 months away from becoming a variable rate loan...

Thank you Gools & Propertunity. Such advice is invaluable!! If i understand you both correctly, i should attach my offset account to the largest loan on my PPOR becuase its non-deductable? That way i can withdraw any savings i have accumulated in the offset account to allow for a another...

Hi Propertunity & Gools, Your comments regarding setting up an offset account are excellent suggestions. However I have a question - I have 3 loans with my bank but my bank will only allow me to have 1 offset account with them. 2 x HomeMorgage & 1 x InvestmentLoan which i plan to use as a...

Hi Toe. Please send me the reps details for online demo. Thanks!

This sounds interesting. How's it going?