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    Property for retirement

    I am considering buying an apartment/unit in Melbourne for future retirement use. I want to find a location where: 1. I can do away with my car and rely on public transport. 2. Near shopping centres/markets where I can do my daily shopping conveniently. 3. Near gardens or parks where I...
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    how much is a shower hose

    I am overseas. My agent told me today that the shower hose was broken (see photo) and need replacement. They quote 150. I just wonder if it is really so expensive to replace a hose? Any comments? What is the reasonable price to replace such a hose in Melbourne?
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    comment on the quotes invited

    I received an email from my property agent: "The gas plumber has attended the property and replaced gas valve, fan controller, fan motor, but the heater keeps breaking down. The unit is built in 1991, and is very old. We have obtained a quote of $1800 inc Gst to have it replaced." I asked...
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    Big jump in premium for building insurance

    I have building insurance with westpac for my IP for 14 years and have never claimed anything. The house is over 50 years old, only two bed. Last year the total premium is 772.87 and this year it has been increased to 982!!! Just want to ask is it normal to have such a great increase...
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    What to do?

    A few months ago, the brick fence of my IP was damaged. As I am overseas, I can't do anything except agree to the agent who insisted that it should be removed to avoid causing harm to pedestrians in case it collapsed. (See the first photo.) Since then the agent left the company and I heard...
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    GST and PAYG

    I am a non-resident for tax purpose and have a few IPs in Melbourne. I used to ask an accountant to do my tax return but found that there were often calculations or input mistakes. So I decide to do the tax return via e-tax by myself. But I come across the following questions: 1. When I...
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    Held over fund

    My tenant used to pay 3 months' rent in a lot but the fund will be held over and not released to me. Now they have held over a total of $3000 in my account. The agent say the rent should not be released to me until it is due and they also have to reserve the fund to pay council fees etc...
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    Fence removal and tipping

    My property agent informed me that the fence of my IP has collapsed and is not repairable. (see attached photo) I am advised either to rebuild or remove. It costs $640 to remove it and tip it. I tend to remove it but is $640 too expensive?:confused:
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    Is air ticket tax deductable?

    We are Australian citizens but as we have been working overseas full time these years, we are now classified as a non-resident for tax purpose. Last Dec, we made an offer for a house over the internet and flew to Melbourne to inspect the house on the settlement day, did two days cleaning up...
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    big land or period home?

    I have been looking at properties in Western melbourne: Yarraville, spotswood, seddon and newpot. I find that many of the period homes around train station have small land size. Further from the station, usually the homes have bigger lands. Just wonder which group is of better potential and...
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    inner west or inner city?

    I am thinking of either buying an apartment in the inner city (e.g south melbourne) or a small house in yarraville/seddon/spotswood for long term investment purpose. It seems that with the price of a 3 bed apartment in inner city, I can buy a small house in the inner west. Which is a better...
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