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Hello all... What is your opinion on this, as a long term investment: (bought off the plan) Watermark luxury appt - http://www.thelakesnorwest.com.au/about-watermark Asking price 735K 2 bed facing lake on level 2 Area 91m internal plus balcony 11 m Plus 2 car spaces Swimming pool and...

Hi, I have a 2 bedder unit in Far North Queensland. Lease is about to expire end of February, and current tenant says he does not know at the moment if he will renew the lease. I told the PM to start looking for a new tenant, and they said that in order to do that, they will first have to...

Hi, I have 1 negatively geared IP. Currently the interest minus rent is approx $900 per month. Now Assume I have just found about $50K buried in my backyard. Which of these 2 is financially more beneficial?: 1. Put this 50K in an offset account against the Investment Property Loan I...

Hi, I need to install Blinds or curtains on a rather large window in my IP in Darwin (I live in NSW). The window is roughly 15m2 in area. I have received 2 quotes from well known shops (can I mention names here?) but the cheapest one is WELL above $1000 !! I am now thinking of: 1...

Hi, I have one IP (in NT) which has been on 1 year leases for 4 years. I just bought another one (in QLD) which had the first lease signed for 6 months. Both my PMs charge one week's rent as "Letting Fee". There is NO explicit mention in either PMs' contract for "Re-Letting Fees"/"Lease...

can someone expand on the 'travel' item Hi I visited my IP in Far North QLD recently. I was there for 4 nights, during which I: - inspected my IP - spoke to a few local estate agents but the other time I went snorkelling, bushwalking etc. etc - you get the picture :) So what does...

Hi The well known Michael Yardney has said in his latest newsletter: "In fact I think Darwin represents a bit of a property bubble for Australia and is probably at around the same stage that Perth was about two years ago.... In fact I would caution that Darwin property values will drop as we...

Thanks for your feedback. realestate.com.au is advertising a suburd sales history report for $10, includes 12 months history. domain.com.au has an SMS service where u can sms them the address and they send u the price it sold for. What do people think of these 2 methods? Thanks

Hi is there a way to find out the real/genuine/official price that a property sold at recently? For eg if one of the popular real estate web sites says that unit 1/1 sold for 500K 3/4 months ago - how do I verify that?? All suggestions welcome as long as I can get to the REAL genuine...