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$350K for a house is a great buy in EH as long as the house is in good condition not near the power line. EH is mostly owner occupied properties and lack of public transport makes it difficult to rent there. The outlook of Dandenong has improved a lot in the past 3-4 years with the council...

Hi, Just wondering if anyone knows whether subdivision is possible on non-rectangular blocks in VIC. This house is in Noble Park with plenty of land available at the back but the issue is the block is diamond shaped at the rear. I am attaching a diagram (image link) of some key measurements of...

Adjoining the bedroom of my house is an extension room which has a flat roof (does not have roof tiles). The house (including the bedroom) is standard BV with roof tiles. Currently there is no heating and cooling in both the rooms and I'm considering to put one, mainly the extension room is...

Ofcourse. But these wooden floors are exceptional, not sure how they got yellowish color (normally color is brown), smoothness and the tint.

Hi, Can someone recommend a cost effective floor sander and polisher in SE suburbs Melbourne which you have used and happy with the results. Can you also share how much they charged. I am looking for the results like in the attached link. Is it something special they have done (like tinting or...

Thanks all for replying. In general I understand there are risks of not doing building inspection but lets talk about a specific scenario. Please allow me to play devil's advocate and challenge the conventional wisdom :D I will start by saying, I am a total noob, don't know anything about...

Thanks for replying. 1. Doesn't the bank need home insurance before releasing funds. If yes, if insurer is least bothered about building and pest, how does this work 2. Say 3 months after I insured my property a minor earthquake in the area. Even though I know my property might be...

Hi all, I wasted money on B&P inspection of a property earlier which was underquoted at 300K+ auction and come the auction day, reserve was known to be 350K. Had I known the property was outside my budget, I would not have spent $650 on B&P in the first place. Having burnt my hands, now I am...

Thank you all for the overwhelming response to my thread. Given the timing and structure of this, it does seem a risky decision at the moment. I need to consider your suggestions, so will come back.. Cheers

Hi all, I have a full time job and earning around 100K+ and currently paying a lot of tax as I have no investment. I am planning to buy a taxi plate so analysing first, if it will be any useful. I am planning to start this business with a partner who is a taxi driver and who will be...

Say you are planning to buy a $300K house and have $90K deposit + extra cash for non-home related expenses. Is it better to 1. Put 30% deposit (90K) and take 70% loan 2. Put 20% deposit (60K) and take 80% loan, and put the remaining 30K in the offset account. Which approach of the two will...

I am looking at a prospective property for PPoR which has a clause on the title that cannot build front fence higher than 3 ft. The property isn't a corner one and the clause seem to be there since the subdivision 50 yrs ago. Now because the front yard is large and backyard little, I was...

Thank you Aaron and all for your knowledgeable answers.

Planning to buy a property off executor auction but unsure what questions to ask and what areas to look in contract to uncover the tricky bits 1. As I understand it can be a deceased estate or bank respossession, are there any other categories as well. 2. What are the risks to the purchaser...

Thanks for comments everyone:)

Take this scenario Say the value of the property seems to be $320-330K based on recent comparable sales A buyer Mr.X has intelligence that the response to the auction is going to be lacklusture. Say 3 parties turn up to the auction. The auction starts with the declaration of the reserve price...

Hi all, Yesterday I was searching some properties over the internet for PPoR in Epping/South Morang area and shortlisted some. Today did some more research and to my surprise all the properties ended up being close to the proposed E6 freeway:eek: (around the Darebin Creek). Did some more...

The discrepancy is the that the original Domain listing still says 420K. Not sure why refind says that 50K reduction happened. How does it know that it ever happened?

Thanks is there any other free research tool to show price drops? Or you get what you paid for:D I have tried oldlistings and refindhouseprices, they both are dodgy.

Hi all, I am using refindhouseprices dot com as my price research tool. However, sometimes the price reduction shown on the refind listing profile does not appear on the orignial RE or Domain listing Case in point: http://www.refindhouseprices.com/viewad/8998578/2/1474%20North%20Road...