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  1. K

    Do I need solicitor/conveyencer for Section 32 for land?

    We are looking at purchasing a block of land and I have received the Section 32 from the Real Estate Agent, is it best to get this checked over by a solicitor or conveyancer before submitting an offer and if so, does anyone have any recommendations for one in Melbourne (west side if that makes...
  2. K

    Land overlooking fence and high voltage box??

    Hi there, we are looking at buying a block of land to build a bigger ppor on and came across a private sale of one that is already titled as they aren't releasing anymore off the plan for a while til they sell some of their current blocks. We went and checked it out yesterday and it is in a good...
  3. K

    Stamp duty when taking over a contract that has fallen through as nominee

    I posted this in one of the other sections but then thought it might have more success here?? We are coming up to settlement on our first investment property in Ballarat on 12th October, finance has finally been approved, however we have hit a little glitch. The property is and NRAS property...
  4. K

    Stamp duty when taking over a contract as nominee

    Not sure if this is the right place for this, please move if not :) We are coming up to settlement on our first investment property in Ballarat on 12th October, finance has finally been approved, however we have hit a little glitch. The property is and NRAS property that had begun...
  5. K

    Stamp Duty on house being constructed?

    Waiting to hear back from the agent regarding this, but sitting here doing nothing so i thought if i could get an idea i could be doing some figures! The property is in VIC, $319k and is about 6-8 weeks off completion. Any estimates I can play with?
  6. K

    Redbank Plains QLD, or Sebastopol Ballarat?

    Would love some feedback on which of these areas you would consider better for investment long term growth wise?
  7. K

    New apartment = huge stamp duty savings???

    I just found a listing for one of the units i am looking at purchasing and it's advertising line is New Apartment = Huge Stamp Duty Savings!!! What is the deal with this? I thought a completed building required Stamp Duty??? In Victoria.
  8. K

    Noble Park?? Good areas?

    We are looking at buying our first IP (a 2br apartment unit). I have read there are good and bad areas to Noble Park...anyone local care to share the bits to stay away from? :)
  9. K

    LMI on deposit for IP??

    We are currently looking into purchasing our first IP. Our PPOR will probably be valued between $350k and $400k and we currently owe $215k on it. I am looking at a property worth $330k so would need to take out about $110k against our PPOR to cover deposit, Stamp duty, legal fees and holding...
  10. K

    Buy old and renovate or New and claim depreciation?

    I have been looking into our first investment property and am wondering whether we would be better off doing a facelift on an old property for instant cash flow boost or buy a new property and save on stamp duty and be able to claim depreciation? Any opinions??
  11. K

    Very confused 1st time investor

    Okay, so i have been reading like mad the last few days trying to research where would be good to invest in for our first property. We are currently buying our house in Tarneit Melbourne and have approx $150-$200k equity here. We are typical family with 2 young kids on mainly one income and...
  12. K

    Christie Downs??

    Okay I've been sitting here for hours researching and read some recommendations for Seaford/Christies Beach etc as being great potential growth areas. I just came across a great house only 1 year old in Christie Downs close to beach, train station, shops. 2 living areas, 3 bedroom fully...
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