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    Lending market changes in 2015 ? looking ahead, what?s next?

    You can 'harangue' ;) or ask nicely for I/O for 10 years, Jerrybee. I've known someone who was successful at getting an extension from 5 years to 10 years just by calling the bank. No harm trying. :)
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    1 Bedders in Melbourne

    Heh heh heh, watch out Y-man! :D Once I finish my patch of the woods, I'm coming for Thornbury, Fairfield and Alphington! ;)
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    Yet another Brisbane thread... $650k budget

    Seachange not doing his job of late about Manly and Teneriffe :p Cliff, you've been remiss, abovementioned suburbs not rolling off newbies tongues and being etched in their memory indelibly. :D You did get him/her to recite Wynnum by heart, I give you that! :)
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    Where in Melbourne

    What about St Albans? How come you didn't mention St Albans? :p
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    Yup, corner blocks are special, I think it's 28.5 equivalent dwellings per hectare if it's a corner block and Logan Council goes by equivalent density ratios if you want to develop a corner block. If it's at least 701m, you can do dual occupancy plus strata title it. I keep wondering if you...
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    Where is RetireRich101 when you need him? :D I believe all your assumptions are correct if you are Low Density Residential Suburban precinct, Secto. There is no minimum lot size for an auxiliary unit to be built on a lot. So yes, looks like you can build those dual occupancy - main dwelling +...
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    Are you in Loganholme, Secto? There was a big kerfuffle amongst residents because of impending zoning changes. Some blocks were going to be rezoned for high density and higher heights and some residents were up in arms.
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    Secto, do you know what your precinct is, is it 'large suburban'? Usually it's the R600 blocks that get zoned 'low density residential' 'suburban' precinct. From memory, an earlier poster had a R1000 zoning that is now low density residential 'large suburban' precinct. If you are not sure, PM...
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    Regarding services (electricity and water meters) This is what the Logan Fact Sheet on Auxiliary Units and Secondary Dwellings state: Auxiliary units may have separate meters Secondary dwelling should not have separate service meters So Logan City Council doesn't force you to have...
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    A household is defined in the definitions of the planning scheme, SC1.2, page 43 as: A Dual Occupancy that is an auxiliary unit differs from a secondary dwelling in that the two dwellings in a Dual occupancy that is an auxiliary unit may be occupied by different households. A secondary...
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    340k where to buy?

    oc1 was making a cheeky comment on houses in Meadow Heights. It's an inside joke, only if you're from Melbourne or have lived in Melbourne for quite a while or understand the Melbourne Northern suburbs well will you understand what he's obliquely referring to :)
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    If an ancillary unit has no laundry, then it is not considered a "dwelling" as a "dwelling" must have 'clothes washing facilities'. Hence, one covered + one uncovered space is enough and this is for the primary dwelling. However, if you are to add a laundry to the unit it could still be...
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    Brisbane bargain GET IT NOW

    That'll be enough for the paddle, datto, now you'll have to find the rest of the money for the RAFT! :p (to the tune of "Moonlight Bay") I was sailing along on Honeywood Road Can you hear the river flowing it seemed to say I'm coming to your house Now don't float away As we kissed our money...
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    Settled on 2nd IP in Logan!

    CONGRATS Justin! I believe you have created instant equity as well with the good buying price. Noice! :)
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    Buy and hold strategy break down

    Actually, my advice was to Nathan specifically because he was looking to buy doer-uppers, maybe in Logan, for 250k to renovate. 2-3 properties. So I was wondering if he knew about the auxiliary units that could be built either attached to the main dwelling or completely detached. So he doesn't...
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    The aforementioned Council rates for auxiliary units did catch me off guard. Logan City Council never mentioned that before in any of their prior communications. It can't be a full Council rate for a 2 bedroom 70m auxiliary unit, RR, just can't be!
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    Qld State Govt approves New Logan Planning Scheme. Start in May

    Thanks MWDB, I started reading the New Logan Planning Scheme and realising that just because the scheme is 'silent', for instance, on rear setbacks or side setbacks of dual occupancy (auxiliary units) doesn't mean there is no requirement for a rear setback. There are perhaps building codes in...
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    Buy and hold strategy break down

    Nathan, since you are a builder and renovator, have you thought about buying highset or lowset properties in Logan then build a 70m 2 bedroom auxiliary unit on each property to increase cash flow and potentially property value. There is no minimum lot size to build an auxiliary unit which can...
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    Is this too close to Motorway for IP?

    Hi Monalisa, not through Council website but my knowledge where to obtain picture/pdf of the proposed busway route. :D The proposed busway extension infrastructure project has been public knowledge for many years since 2006-2007 but the exact route was not confirmed till beginning this year. The...
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    Is this too close to Motorway for IP?

    There's a proposed busway going to run parallel to the Motorway on the side of the houses where the home is located.
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