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Thanks for the advice :) I'll keep looking around - there's a lot more choice at the moment.

Thanks. It does depend on the investing strategy. My plan is to hold the property for a while, minimum of 5 years and just build up some equity. Apartments are going up all over Canberra as that's the nature of in-filling. Bruce is a newer suburb so it looks more obvious. Watson and other...

Hi all Any views on whether Bruce Canberra is a reasonable suburb for a FHB to get into? If anyone has access to recent sales data for the suburb it would be much appreciated. ;) Cheers HL

Hi Just saw a small segment in the AFR today about a Federal Budget measure to now charge GST on new residential properties. I've bought off the plan and about to settle and would be a major set back to think that I have to add GST to the purchase price when I settle :eek: Does anyone...

moved post to another thread

Hmmm glad I've been set straight :rolleyes: So a communist society is incapable of bubbles?? Particularly when recent government fiscal/monetary policy has been particularly generous?

Troubling sign Hi all, Any thoughts on this but what impact it might have on our housing market over the next 12 months? http://www.news.com.au/business/worrying-signs-of-bubble-for-chinas-economy/story-e6frfm1i-1225822389054 Probably stating the obvious - if China's economy stalls...

Hi - hope you guys can help with a newbie question. Are LVRs different for investment properties versus PPOR (first home)? The 60% LVR seems really high...Thanks.

Thanks for the tip :) Actually I've seen Omega a lot too in new development deals. Sometimes I just wish they would offer people vouchers and let buyers do their own thing.

Hi Sir Oinks Alot - any thoughts on Blanco? I see heaps of these in new developments. Hear they're pretty average though.

H Craig, Forgive me for being a little slow :) Do you mean good for the developer or buyer? HL

Hi all, I've been driving by the few sites in development in Bruce about once every month and I notice that the Vantage apartments looks nowhere near to completion. However the developer's site suggests it will be ready in December 2009? Has anyone heard anymore about this? Unfortunately...

Rugrat - thanks for the list of questions. Over the past year, in the search for my PPOR, I've learnt a lot about my risk profile etc as well. Will make sure I have some good answers before embarking on an IP search. Those REAs can sniff out weakness in a millisecond!

Propertunity - great thread thanks! I just can't believe that I'm 30 yrs old and don't know any of this stuff. I just really want to thank you guys for your advice. Well never too late to get started right ;)

Yep a lot of research :o Unfortunately I haven't found out too many details about the actual flat (e.g. body corporate rates etc) as I was more using it as an example. Following the suggestion of heading further out and buying something with more land (perhaps older house), would something...

Thanks for considering so many newbie questions... So for a new starter, considering a first IP, should there be a more dominant consideration - capital growth or rental yield? Another thing - Some people I've spoken to about property investment has suggested that I get an interest only...

Thanks all. Very useful observations :) Certainly take on board the suggestion that it might be better value to buy cheaper/poorer condition and fix it up minimally. Makes perfect sense. Ditto re communal laundry. Dammit - are there different considerations for buying something for good...

Hi all, Continuing on the process of educating myself in property investment (still a loooong way to go). I would be interested in people's views on this property as a potential IP? :) http://www.allhomes.com.au/ah/ah0073?slid=167408613 Hypothetical at this stage... just committed to my...

Thanks CraigB :)

Hi all, Bit of a specific question. Unfortunately not much luck finding info on the net. Are there any rules in building code for the ACT re ventilation in bathrooms (e.g. that it must be provided)? I've just bought a unit and noticed that a bathroom exhaust fan was not in the...