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Hi, Just about to start my search, just looking for some advice on the type of property that might be best for CG in Melbourne at around the $375K range. Its not much to work with I know. Does anyone have any opinions if id be better at trying to grab a small apartment in a more expensive...

Thanks heaps for the info guys, much appreciated. Norwoodman- Your insights into Gracemere and Rocky are always invaluable :) Ta

Anyone have any updates from PR's regarding vacancy rates or overall feel for gracemere at the moment? Last I heard there was a big oversupply and highish vacancy rates (for rocky) but development seems to have slowed from what I can find out... thanks in advance

Great info norwoodman, thanks

Hey Tesla, Pm'd you

Im also looking to join in a group too if anything available?

haha :D Hopefully ive got every mistake in the book out of the way and learnt from them in my first 2 IP's!

hi mate, yeah im not blown away by performance of either now that i looked into them. Its very early days, i settled both 2 months ago. Both were OTP and as i read these forums ive realised ive prob made every mistake possible :D These properties were both suggested by an advocate who...

Hi norwoodman, Thanks. As I mentioned earlier I bought these under the recommendation of a friend, which I did only very basic research which i now regret. The info I was given is that gracemere will experience a great deal of CG over the next 10 years as the govt is spending big money...

great advice mike, ty

Thanks for the info 'of the vultures' Can anyone recommend any other real estate podcasts that would be of value?

Thanks for advice guys, very appreciative:)

Thanks for the response. Yes its not inexperienced on paper, but my knowledge is very basic. My career is very demanding and I stupidly purchased these properties under the advice of someone I know w/out doing much due dilligence. the NRAS property is in deeragun near townsville, i was...

Hi, New to investing and the forum, loving the informative posts. My situation is im a very inexperienced investor, I have 2 investment properties that I have purchased recently which I used all the equity in my home to purchase. I didnt do as much research as I should have, laziness and...

Thanks for the info guys. Will chk out HWT too

Does anyone know anything about the Lillypilly gardens development in gracemere? Sounds extremely hyped up, numbers look too good to be true also. Had one offered to me recently My understanding is there are 3 developments (Lillypilly 1,2 &3) Does anyone know much about them...

Thanks for the info mate, much appreciated

Hi, First post ever, enjoying the good info in the forums. Ive been doing my research on investment properties around the Rocky area. Im finding alot of mixed info on Gracemere. Looks as if rent is dropping in the area signficantly over the past 12 months due to over supply. I see...