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  1. K

    End of an Era

    Aww I almost made it to five years! (October is so far away...) I echo everyone else in thanking Jan/Ian/Sim. Since joining Somersoft, I went from having 1 IP with iffy finance in place to 3 of my own and 2 that I am "managing" for family. This forum has been so invaluable in steering me...
  2. K

    Thoughts? West Melbourne, first investment

    Principal Place Of Residence Off The Plan
  3. K

    West Footscray - good streets/areas?

    Overpriced but I really like this place 24 Stanley Street
  4. K

    RBA May 2015 announcement - 25 point cut

    I wish us mortals were special too! :) That's the thing, the LAST TIME the rates dropped, there was a tiny little notification in online banking. THIS TIME there's absolutely nothing.....I've got four separate loan accounts and I've clicked around everywhere looking for that tiny little...
  5. K

    RBA May 2015 announcement - 25 point cut

    Hi Peter, I'm with Macquarie and for the life of me can't find any announcement on MY mortgage to say the rates dropped. Do you know if it's (0.20% drop) across the board for all existing loans? And how come they tell you guys (brokers), but not the actual customers!?
  6. K

    Sunshine ip

    I viewed that property myself and one of the few drawbacks I saw to it was that the side-fence borders a multi-level block of units and there's a bus stop directly in front. I wouldn't feel all that comfortable with up to 15 apartments being on the other side of the fence. The bus stop...
  7. K

    Sunshine/Albion for first home buyer

    Was this a joke? (if so, I missed it!) Because the AMF Bowling Centre at Albion has been gone for at least 3 years, maybe even 5 years now!
  8. K

    Sunshine/Albion for first home buyer

    FWIW, I've bought via Buyer's Agent and also bought using my own research and instincts. I had a positive experience using Buyer's Agent, but it was for an IP interstate. For PPOR, I wouldn't be against using a BA again. It's not a silly question at all. Years ago, LONG before renovated...
  9. K

    Deer Park - Write Up

    I know nothing about Pascoe Vale or Coburg, from an IP perspective that's why I chose not to mention those suburbs. If you read my post again, you'll see I was never advocating to spend $450k on a townhouse in Deer Park. Not sure why you thought that... I still maintain a Sunshine purchase is...
  10. K

    Deer Park - Write Up

    $450k I would strongly consider a 3-bed new townhouse in Sunshine, Braybrook, Albion for CG (Braybrook had 12% CG in 2014, for example...which followed 2012 drop and 2013 small gain) I would look in Maidstone or West Footscray for 2-bed Units for $450k I'd also consider apartments in...
  11. K

    Sunshine/Albion for first home buyer

    Yes Matthews Hill area is the best part of Sunshine. Just remember that "Sunshine" and "Sunshine West" are completely different suburbs and only share the word Sunshine. Since you're looking in the area, the general consensus rankings would be something like 1) Sunshine 2) Albion 3)...
  12. K

    Deer Park - Write Up

    Hi jp Source for this? I know the area but don't live there...
  13. K

    Quantity surveyor? Can you recommend anyone?

    Depreciator BMT Washington Brown I've used them all, can't complain about any of them!
  14. K

    Laminate flooring -

    In my sister's IP, we redid the floors in the living room. 20sqm total, 5x4m living room. We, my dad and I, ripped out all the carpets, underlay and the timber edge thing with nails that the carpets are attached to. That was a day's work. Then we went to Costco and bought the 14mm...
  15. K

    how much you should offer and how to get it accepted ?

    Try getting a friend to call the agent and pretend to be an interested buyer? Just to gauge if his lack of interest in you is a lack of interest to everyone, or if it's just you. If the agent shows interest in your friend, then you'll at least know he/she is actively trying to sell the...
  16. K

    Where to buy 400k Melbourne?

    My advice is to take $50k off, then look what you can buy for $350k That'll make things a little clearer. Find something $350k, see how the numbers stack up, and then you'll know if you want to go ahead. I wouldn't be looking at $400k if I were you. Just because you're pre-approved for...
  17. K

    where to buy in sunshine

    FYI I was comparing Albion to Sunshine West, not Sunshine proper.
  18. K

    where to buy in sunshine

    IMO Sunshine West shares almost nothing with Sunshine other than the name Sunshine. However, it's not bad. I just don't put much value in the area. I agree with the above too. If you are looking just outside Sunshine, focus on Albion instead. It's just as close as Sunshine West but is...
  19. K

    450k in melbournes west..

    You work near Cairnlea so I would stick with all of the above you mentioned except Preston. 450k won't buy much in Sunshine and Albion. That money now buys run-down houses on 450+ sqm, or buys new townhouses. You said you don't like units/townhouses, so I think you'd be looking at old...
  20. K

    Albion,Ardeer,Broadmeadows,Coolaroo, DeerPark or StAlban

    Not quite $850k but I found the link to it! http://www.realestate.com.au/property-house-vic-st+albans-114712259 I'm still shocked at that sale price...!
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