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Hi, hoping someone here can check these figures are ok and my line of thinking is correct. IP: est value 490k. using 475k as base price (15k costs if sell) Loan: 300k Rate used: 6.96% 300000 @ 0.0696 = $20880 int paid p.a $430 rent (conservative) - 7% agents commission x 52 weeks =...

Prices have been down/subdued/flat since mid-last year or so. Below are the reasons why properties either did not sell via private treaty or auction rates were low: June-July - Winter months. Hard to sell homes. Tradition "slow period". Cannot count this towards sales/auction figures...

Okay, A lot of articles I read where they interview so called experts or agents or analysts say that these people believe first 6 months of the year will be flat or slightly -ve and after that, in the 2nd half of 2011 the market will be back in full swing. I don't understand their reasoning...

hi all, what I mean by above is one where you can put in more details to check your repayments and how fast you are paying off by inputting different data for different stages in your loan. eg. there are lot of calculators that tell you how much your repayments would be or how much time and...

Hi all. This is not a "should i buy" but more "should i hold, or sell". Most investors will say never sell, but I am not sure about that theory. Anyone who may know this market, would appreciate your help. For those who do not know, Auburn is pretty much around where "west" sydney...

Hi All. This is my situation. I have signed contract for a house and settlement is about 5 1/2 weeks from now (agent said it might be able to be extended, but agents say anything to get the signature). I am planning on selling my IP, but obviously, will not be sold before my new house's...

For internal (and external) walls, I had always thought the horizontal strip usually about 3/4 of the way up a wall signified a wall is a fibro wall. Some agents now tell me some of them are "picture rails". How do you tell the difference between them?

Hi all. first post. This is my situation, please let me know what you think i should do. I bought a IP 5 years ago. To be honest, capital gains would be between 0 - 7% only between that time (in total, not p.a) So really, it is turning out to be a loss. Rental yield is about 4.5%, previous...