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  1. J

    NRAS property in Churwar, Ipswitch, Qld

    When doing calculations have you taken into account the federal and state government combined rebate at the end of the financial year that is tax free? This will easily offset your initial 25% rebate even allowing for interest lost if you'd invested the money elsewhere. There are quite a...
  2. J

    Auction 18th of December

    For the Coronet Bay property, the auction date is very intruiging. It's in a high summer tourist area and lots of properties in the district sell well over summer. At the very least it would get a lot more passer-bys if it was being auctioned in 2 weeks.
  3. J

    Buy or Rent in Glen Waverley ( surrounding suburbs)

    I don't wish to turn this into a debate about the merits of public vs private schooling, but as a blanket statement the pp is incorrect. To the op, keep in mind that house prices in Glen Waverly's feeder area are slightly higher than out of the area because of the reputation of the school. So...
  4. J

    Wonthaggi.. is it still worth for IP

    I am in two minds about this area atm. It's that old problem of not having a crystal ball. :D Rentals are inflated and will be until the desal workforce starts to decrease. The question is, how much will they decrease? This summer the whole district will be completely out of control with not...
  5. J

    One nice property or multiple not so nice properties?

    I would go the North Balwyn route. As you said, if you were already considering private school education for your child/ren then you are saving 20,000 pa roughly every year they are at the high school. Then you factor in the potential capital growth. Also, add in the growth of NB vs PC (and...
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