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  1. L

    Buying in Gippsland?

    Thankyou to all your responses. Thanks Wobbycarly, I agree that Sale is great ,Warragul & Drouin(although very hilly) are also good places. I will do some extra research on those areas too and hopefully find something to my liking :) Thanks for your advice :) Also, thanks Neophyte I too...
  2. L

    Buying in Gippsland?

    Hi Guys, Im thinking of buying an IP in Gippsland as I was originally from the area. My thoughts are on Traralgon for various reasons, but I just wanted to hear what everyone else thought about Gippsland? I'd love to hear from everyone :) Thanks
  3. L

    What would you do?

    Thankyou Fourex, This is something I will need to look into deeper, as I have little understanding of the process of subdividing. Therefore your attachement is much appreciated. Thanks again, Leah
  4. L

    What would you do?

    Thankyou Willair for your advice. Much appreciated. I agree that OTP investment needs to be approached caution. Main thing I discovered is expected completion date & actual completion date can be extremely different. So I have learnt if I was to do this again, I can add in liquidated damages...
  5. L

    What would you do?

    Thank you both for your advice. I understand that I am in a great position for off the plan deals. I also understand that at the end of the day though, my boss is also looking to make money too. So i just want to tread cautiously! (despite my boss being best mates with my dad!) Thanks again...
  6. L

    What would you do?

    Thankyou for your quick response. Answers are as follows: The unit is complete, and is my PPOR. Others are currently being rented out for $220p/w Am yet to see how much more I can borrow- I should probably check that out! Thanks Kind Regards, Leah
  7. L

    What would you do?

    Hi, my name is Leah This is my first time posting so please be kind :) I have been working for a building company for 3yrs. Last yr my boss was doing a unit development- so I bought 1x unit at 190k (w/ the rest sold at 220k) My loan w/ the bank is 150k at a 3yr fixed rate of 4.59% I have...
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