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Hi, I realise up to $450 k may not leave many options, but just wondering if anyone can suggest the closest suburbs to Melbourne where I could find the following (PPOR): 2 bedrooms + OK Smallish house OK (can be a bit old fashioned, needing new carpets etc) Garden size more important...

Hi I put an offer down on a strata unit. One condition I wrote was “strata report to the satisfaction of the buyer” The offer has been verbally accepted and will soon be signed by the owners. However the agent has just told me that the agency principal has said I need to define what is to...

What does everyone think about how prices in Perth have gone since 09? Specifically villas (anywhere between 4 and 10 on block) in metro area - north - within 12 km of city. Think Osborne Park, Stirling, Balga, Noranda, Morley, etc. Saw a 3 b/r 1 b/r villa that was purchased in 09 for $270...

Hi I am looking at buying a strata villa in a group of 8. The units are all single storey. There is no common major facilities ie pool, lift, gym, etc. The only common thing really is the main driveway down the middle & about 5 visitor car parks. Ive heard that when signing the contract I...

G’day Looking for a property in Perth. House preferred, otherwise townhouse or single story unit with own private yard. Within 15 km of city preferably on train line, otherwise major bus route OK. Budget of $380k (house/townhouse only – have an extra 10% or so for costs). Purchasing...

G'day all Looking at a 15 000 sqm vacant property approx 2.5 hrs north of Perth in a small regional town. The property boundary is within 1km of a sports field (race course), and approx 1.5 km to nearest established houses. Anyone have any idea how much it'd cost for Western Power (I...

Hi guys Anyone invested recently in WA (regional/rural) for less than $200k? This is still possible in some smaller towns where rent far exceeds mortgage payment, a few run down houses in Kal or Cool, quite a bit around Collie/Bunbury/etc (more suburban stuff), or a few more remote places...

Hi all I've read into FHOG (this is in WA by the way) rules. Apparently you can't get FHOG for vacant land (no contract or plan to build) cos its not considered "residential property" or something. So Im wondering, if one buys vacant land one year (not getting FHOG), and then buys their...

Hello Have heard varying opinions on whether best structure for buying houses is to set them up as rentals for starters (ie for first day, month, year, whatever). Reason is: if you start your house as an IP, you can negatively gear it down the line easily - your interest payments compared to...

Hi, How does everyone get around bank’s servicing requirements when trying to grow their property portfolio with a cash neutral or cash positive house addition? My situation: Income: 65k p/a gross ($1800 net p/f) Have a $275 000 mortgage on a house with an approx value of $340 000...

Hi, A question about how to get banks to revalue PPOR home so that the equity can be accessed to fund a deposit for an IP. :confused: 1. How does this normally happen? Do I have to pay an independent valuer to do the assessment, as proof to the bank that the house has risen in value since...