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    Ringwood help

    I posted this post a while ago but I had no responses. Maybe someone has knowledge of Ringwood.. My aim is to buy a piece of land large enough to subdivide in the future in Ringwood. It's my first project and I've selected Ringwood because it's a transport hub, has enough facilities and...
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    Where to buy in Ringwood

    Hi, I'm in search of properties in Ringwood but have no in depth knowledge of the area. It seems that the property prices are different to the north of the shopping centre, the south of the railway lines and to the east near the Maroonda hospital. Why is that? My objective is to look for a...
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    Help on purchasing Ringwood

    Hi, my aim is to buy a piece of land large enough to subdivide in the future in Ringwood. It's my first project and I've selected Ringwood because it's a transport hub, has enough facilities and cheaper relative to inner easter suburbs so at the very least, I would be able to sell it after a few...
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    HELP!!!! Wantirna South or Ringwood?

    Thank you! Thanks everyone, I'll look into Heathmont as well as Ringwood. The rental supply is quite large in Ringwood. I wonder how long the turn over for a property is.
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    HELP!!!! Wantirna South or Ringwood?

    My situation I want to buy into Ringwood or Wantirna because I can't afford anywhere else in terms of buying a house to rent out for the next three years easily. My aim is to be able to subdivide or develop after a few years and sell the property. Are there any alternative areas...
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    HELP!!!! Wantirna South or Ringwood?

    I need help on making a decision on buying a property between these two. But I don't have knowledge and don't know which one is the best weighing on the ups and down. My aim is to buy a property: .Maximum $500 .Immediately rent out at a minimum 4% .After 3 years, either renovate or build at...
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    Finding a house around $400K in eastern suburbs

    Hi everyone, I'm trying to find a house (old or good) that can be subdivided (I don't know what size minimum is needed for subdivision) in the eastern suburbs, anywhere from doncaster onwards that has good potential for a 4 year investment. Does anyone have experience or suggestions?
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    70 square meter 1 bedroom in Melbourne

    thanks everyone, the bid fell through, the owners are wanting over $370K, I think that's very steep and too confident to ask for today's price. The agent said 360K would probably do, but at the momement, there's a lot of action happening in the late 350K range. I think maybe a 3 bedroom...
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    Florida Daytona beach in the US?

    I've done some research and see over in Florida , the house prices are going down quite a bit and is forecasted to go down further next year. Where would be a good place to buy in the US other than Florida? I read "quiggles" threads and see he's still doing very well in Buffalo. Any...
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    Bloomberg - 68 of 70 Chinese cities record rises this year.

    Shouldn't even thing about China. Rental yields in Beijing are about 2% or below for now. The government just stepped in and said if you're not a local resident that's paid 5 years tax, you can't buy a house. If you've got 2 houses or more, you can't buy. If you've already got a...
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    North Flagstaff gardens vs South West CBD

    There's 2 apartments. one next to Flagstaff gardens and one on flinders near spencer. If I had some more money, collins st, bourke, swanston would all be nice places. But somehow, the south west and flagstaff gardens have always had relatively cheaper apartments. But which location...
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    New IP or Reduce existing debt

    I have an extra 80K at the moment. Which, if I put it towards my existing $307K IP loan, would save me 14 years and $290K in interest. Alternatively, I can use the 80K for a downpayment for a 2nd IP. Which is a 1 bedroom 70 square meter in Melbourne CBD for $350K for capital growth. My...
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    70 square meter 1 bedroom in Melbourne

    . It's currently tenanted at $400/week. . It's the new apartments built along the train bridge opposite the casino. The orange ones that are very slim, if you're familiar with that area. (worried about the noise from trains going to and from southern cross to flinders vice versa) . The place...
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    lump sum repayment or downpayment?

    Hi Sheryn. Thankyou for your suggestion. But I didn't mention the mortgage on the 307K loan is actually an IP. At the moment, I have a primary residence owing 180K and the IP that's owing 307K. Does that change the situation? Becuase I'm quite new to this. Thank you
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    70 square meter 1 bedroom in Melbourne

    Body corporate _+ rates = $3000 a year. I'm focused on the capital gains side. The minimum I think this place would sell would be $350K. What's the outlook short term?
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    70 square meter 1 bedroom in Melbourne

    I came across a 70square meter one bedroom in melbourne along the yarra across crown casino. Aiming for capital growth for this one. It's asking 360K I'm not too sure about the market at the moment. Any comments?
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    lump sum repayment or downpayment?

    I have an extra 80K at the moment. Which, if I put it towards my existing $307K loan, would save me 14 years and $290K in interest. Alternatively, I can use the 80K for a downpayment for a 1 bedroom 70 square meter in Melbourne CBD for $350 as an IP for capital growth. Any suggestions...
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    China the biggest bubble ?

    Why not take the ride? Why not take the ride and ride the inflation? Market economics tell us properties will benifit on such occassions. There's an island down south in China called "hai nan". I remembered properties in 2003 were 350AUD a square meter, now, it's like 3500 square meter. I 'm...
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    brisbane what is going to happen now?

    China 1000 percented in 10 years. Thats 100% per year. ...... Maybe more in the future. I bought a property in China 5 years ago in Chongqing. it increased 400% in 4 years. Very crazy yes. In Hainan, 2002, I looked at a beautiful apartment for 70 square meters, back then at $400 a square meter...
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