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    Kangaroo Meat. Would You Eat It??

    I've only had kangaroo at a restaurant. I got a dish with a few different types of meat and I couldn't even tell which was the kangaroo :confused: Would anyone eat a Bug Mac? http://www.thecitizen.co.tz/business/14-international-business/7588-bug-mac-larva-quiche-food-of-the-future.html haha
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    Seaford Beachside = Very Relaxing, but..

    I think Mt Eliza would be a nice place to live if you worked from home, worked in the suburbs or were at retirement age. I think people working from home is becoming much more popular now. I would love to live there if I wasn't working in the city (which I think I will be after I grad). Mt...
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    Seaford Beachside = Very Relaxing, but..

    What do people think of Mt Eliza and the Peninsula? If I were to move so far from the city I don't think I'd mind going out that little bit further. It's a little more expensive but I think it has a much nicer atmosphere and you can find really big blocks and stunning views that you wouldn't get...
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    Wealth & Property Investment Books

    Oops don't worry! I just found it in the FAQ~
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    Wealth & Property Investment Books

    I KNOW there must already be a thread on this somewhere but I couldn't find it in a search. I'd like some recommendations for books I can read to improve my knowledge of property investing or any good books on finance and wealth in general. So far the very few financey type books I’ve read...
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    Why Houses Being Unaffordable is a Myth...

    Oh and I can't agree more with the posts above. People complain about "ugly urban sprawl" and building at the fringes but then they whine when developers want to construct units or apartments because it will devalue their property and cause traffic problems. Isn't it kind of a moral hazard...
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    Why Houses Being Unaffordable is a Myth...

    I just think that current house prices and government policies are pushing people to borrow what I consider risky amounts (both FHB and investors). That is wonderful when property prices are going higher..but if something happened like an increase in unemployment wouldn't we have some serious...
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    Why Houses Being Unaffordable is a Myth...

    I know as a single person it would be pretty unaffordable for me to purchase a home to live in and pay off a mortgage. If I take out a $300,000 25 year loan paying 7.5% interest I'd be making repayments of $511.19 per week. I estimate my graduate salary will be around $49,000 per year...
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    Why Houses Being Unaffordable is a Myth...

    I was speaking to my grandmother the other day and I asked her how much she paid for her home. She said $50. I didn't even believe her so I forced her to get out the documents showing how much her and my grandfather paid. They paid a $50 deposit and a mortgage of $2 per week for 3 years...
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    What is wrong with Kensington & Flemington, Melbourne?

    Oh well, it's not exactly safe to walk around anywhere at night these days. I wouldn't want to walk around the CBD at night by myself either. What about Richmond and Abbotsford? They seem a little pricier than Kensington and Flemington, but still not bad!
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    need help re. SE suburbs

    You could find a town house or unit in your price range in any of the beachside areas like Apendale, Chelsea, Edithvale, maybe even Mentone, Cheltenham and Highett. What about Keysborough? I don't find Keysborough as scary as Noble Park, Dandenong, Springvale etc haha
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    Is it a good time to buy an property?

    If you're worried about house prices dropping I think that some areas are more at risk that others. If house prices were to fall I think it would happen in the mortgage belt areas, the new high rise apartment blocks and the multi-million dollar homes. If you buy in an area where people don't...
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    OTP - Queens Rd Melbourne

    Oh and also if there was a way you could find out what type of people are buying in the building, investors or owner occupiers? Renters tend to devalue your apartment, they can be loud, messy, careless etc. I recommend buying in a building with a high proportion of owner occupiers.
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    OTP - Queens Rd Melbourne

    Stamp duty calculator... http://www.barefootinvestor.com/financial-calculators/stamp-duty-calculator/ I guess the risk with a high rise apartment complex is that if one apartment in the complex sells at a low price for whatever reason it can set the bench mark for the entire building. What...
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    OTP - Queens Rd Melbourne

    If your education loan is interest free (HELP/HECS) and you are a non resident for tax purposes (ie they can't deduct it from your salary)...why in the world would you pay the loan back? haha
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    Building Age

    The biggest benefits of newer homes (or even renovated homes) is the tax benefits of depreciation. New/modern/renovated homes are also in greater demand and renters will pay more for them than they would for an older house in the same area.
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    What is wrong with Kensington & Flemington, Melbourne?

    If the only issue is nearby government housing I think Kensington & Flemington are too close to the city not to transition and become a little pricier. Plenty of excellent suburbs have government housing because they place government housing close to public transport, schools and other...
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    Port Melbourne

    I think Port Melbourne is a really lovely area. It's super close to the city, St Kilda and the beach but it still feels like a quiet suburb. It has all the benefits of St Kilda without the drawbacks (ie prostitutes outside your house, loud nightclubs etc) haha
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    What is wrong with Kensington & Flemington, Melbourne?

    I've recently been browsing realestate.com.au looking at properties to rent and buy. I've noticed that you seem to get a much larger property in Kensington and Flemington (e.g. a 3 bedroom townhouse) for around the same price (or even less) as a very small apartment in other areas close to the...
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