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  1. J

    The property clock for the sunshine coast

    People often talk about the property clock when referring to whereabouts in a particular sub-market the cycle might be. With that in mind, my question comes in two parts: 1. At what stage on the property clock do you think the sunshine coast residential market is now? and 2.) More...
  2. J

    Serviceability Brick wall

    Property 1: investment property purchased for $520K approx 2 years ago with 20% deposit. I haven't had it revalued but I suspect its worth $650-700K. Currently rented at $550 pw. Property 2: My PPOR purchased almost a year ago for $286500, again with 20% deposit. Not sure if any capital...
  3. J

    Building under pole home

    I live in a small 2 bedroom pole home. Ive had a quick verbal quote done and for approx $100K I can build a 2 bedroom flat with kitchen and 1 bathroom underneath it. In other words, it will be an exact replica of my existing upstairs floorplan done underneath. I want to either rent both out...
  4. J

    PIA Program

    I own and use PIAfpu, Personal Professional Version V7.018 for my investment property. There are two aspects that Im not sure how to incorporate into the program - 1. HECS Debt. My HECS debt obviously effects my gross pay and cash flow. I believe that my rental income is also factored into...
  5. J

    Depreciation

    Hi all, Just a quick question - My girlfriend is about to rent out her PPOR and therefore convert to an investment property. I advised her to get a depreciation schedule from a quantity surveyor, but I've just found out that her unit was constructed in 1985. Not sure the exact date. I am...
  6. J

    Nambour - A rough diamond

    Hi fellow investors, Just a very quick email to comment on my opinion of Nambour, Queensland as a good long-term residential property investment. Infrastructure / Anecdotal Factors: * Projected population growth for South-East Queensland. * Apparently very high affordability issues...
  7. J

    land tax?

    Quick question -: I bought a new property off the plan. When the building was completed settlement went through in July 2008. The property cost me $520,000. At the time of settlement I paid approx $400 - 500 land tax via the solicitor. It was my first property and it was purchased as an...
  8. J

    property Valuer Salary

    I am looking at a change of career. I live in Queensland. I am thinking about completing a Bachelor of Property and getting a job as a valuer. I would be interested in hearing from people already in the industry. Do you enjoy what you do? What words of advice/opinion can you give on...
  9. J

    Legal/financial responsibility with replacing a joint awning

    My queensland investment property is a townhouse in a complex of eight. The design of the properties is as such that my front door is directly next to my neighbour's front door. Both our front doors are covered by the same single awning. My property manager recently reported that in storm...
  10. J

    St George backtracking.....

    As some of you may know, STG have two types of offset a/cs. A/c type #1 if for a PPOR and works whereby the money in the offset reduces the principle and not the loan repayments. Offset a/c type #2 works whereby the a/c balance reduces the actual monthly repeyments. I recently purchased a...
  11. J

    Prof Steven Keen.

    http://www.news.com.au/business/money/story/0,28323,25750335-5013951,00.html I feel embarrassed for Prof Steven Keen. Really I do. This guy needs to seriously give it a rest and chill out. :cool: On a more positive note, I just negotiated below market value from a nice and probably...
  12. J

    White Ants

    Hi guys & girls, Ive signed a contract on my first Queensland property which Im going to live in for a little while, but will make it an investment property in the long term. I had the building and pest inspection done today and Im still awaiting the report. I was very briefly at the property...
  13. J

    first property loan - offset account

    Hi all, My first property purchase. I think I understand 100% offset accounts but just want to double check and clarify that my understanding is correct, as online calculators designated as 'offset account calculators' seem to focus on the time saved on your loan rather than how it effects...
  14. J

    Building & Pest Inspection Recommendations

    Hi, Im buying a property on the sunshine coast. :) Can anyone recommend a building/pest inspector that you felt gave an exceptional service (or alternatively was really crap!). So far, I've pulled a couple of names off the net, so feel free to comment on these if you've used them: *...
  15. J

    fixtures

    I viewed a property and there was some sort of home theatre projector attached to the ceiling and a screen on the wall. I signed the contract which only mentions the air conditioning. Im still in the process of negotiating, but just curious about your opinion: 1. Is the projector and screen...
  16. J

    offer

    Once I have made an offer, at what point can another potential buyer come in and make an offer too?
  17. J

    first property

    Im looking at buying my first property and just want some clarity on the process, timescales, and any tips you think I might benefit from with regards to negotiation. 1. Is there a general rule of thumb on what % below the purchase price I should start negotiating? What % below the purchase...
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