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I am looking at building a Porter Davis home. I am wondering what peoples thoughts are? I am building in the bayside suburbs of Melbourne. To Bifold or not to Bifold (Large sliding doors with flyscreens). Pros Look good. Has a bit of a wow factor Cons No flyscreens. House full of...

I wish to develop a site i have an old house on. I am an individual and not registered for GST. My intentions are; 1. Build 2 side by side townhouses 2. Use a builder to Build (Pay GST) 3. Keep one unit 4. Sell the other unit. Do I have to pay GST, to the ATO, on the sale of the...

How was 2012 for you? What do you have planned for 2013? Let me start. How was 2012 for you? Not much happened for me. Properties in Melb. Valued at $2.6m. Loans now increased by $20k as the whole portfolio is negatively geared. No growth in properties. No renovations or rental...

I made a reservation with a well known rental agency about 200m from work for a 12 seater mini bus to take my daughters friends to our holiday home for her 13th birthday to enjoy a weekend of water skiing at Lake Eildon. We decided to take up two cars. My car seats 5 and my wife car seats 7...

Why cant we borrow from foreign banks? Are there any foreign banks operating in Australia that lend on residential properties? Is there a law that says you can only lend money to Australians at a level above the RBA rate? If most loans are sourced from overseas. I still cannot understand...

Hi AS its Xmas time and i am debating whether to get an xbox or paystation 3. I have a boy and girl in grade 5 and 6. My son has an old playstation 2. I never really used it much. My initial thoughts were the xbox but I now read that the playstation 3 has a blu-ray player and you can...

Dont they both have similar reputations. I know which one i prefer. www.realestate.com.au/property-townhouse-vic-frankston+south-107575725?rsf=ebrochure-to-property-details-page

I have a 5 Yr fixed rate loan at 6.99%. I wish to renew it 4 months early for 5 yrs at the same rate of 6.99% They tell me it will cost $1500 for the pleasure. Is this correct. I have done this in the past and i am sure it did not cost me? Any thoughts from the brokers here!!!!

Hi All What is a reasonable commission for a holiday letting agency to charge the landlord. My property near Mansfield, Victoria get charged 13%. Is that reasonable? What are you charged?

I have two properties south of the football ground along Kar St. Both are two bed units. One is in Nolan St and the other in George St. I have put the one on George St on the market and the agent has told me that he cannot advertise it as South Frankston as its really in Frankston. He says...

I have a holiday rental where I have listed the property on Stayz.com then passed the rental to an agency in the town who charges me 13% of the rental and then deals with the holiday tenant. My property is listed here - http://www.stayz.com.au/70445 Stayz.com generates more holiday rentals...

I am not sure if this has been mentioned before or not, but i am curious. We pay interest of 7.5% on a $100k mortgage. The banks tell us, they need to borrow from overseas to finance Australian mortgages. In some countries they have central bank rates of close to 0%. Where does all the money...

Well thats how i sort of see it. Property prices are supported by the rents they generate. I increased the rent on two properties this week. One by $20 a week, the other by $10. So to earn $1,560 ($30 x 52 weeks) a year interest you need to have $29,714 in the bank at the current of...

I have spent the past 12 months renovating a holiday house in the Victorian high country. We live in bayside Melbourne and have fallen in love with the high country. We bought it during the GFC and was really impressed with the view. I drove down on the sunday after my sons football match...

If you were selling at auction. Not one bid. Would you pay the advertising? Surely there is some expectation you get something for all the money supposedly expended. Comments appreciated.

When you go for a jog, walk or bike ride do you acknowledge the person coming in the opposition direction and say G'day or good morning? Some do some dont. Generally, i try and say G'day. Generally, I do.

This is in Victoria. A tenant has broken a lease after 6 months into a 12 month lease. The property manager has found a new tenant and charged me, the landlord, half the letting fee. The PM tells me that is how it should be done under the residential tenancy Act. In the past I have not...

I am looking at building a PPOR with a project builder like Metricon. They say the Nolan 41sqs has a base price of $280k. Before i start negotiations, can i tell them i will not proceed unless the base price is reduced by say 10%. Is this normal practice? I get the impression, these...

I am always interested in what people did and what their plans are for next year. Here is mine. What did you do in 2009? I bought a holiday rental in Goughs Bay (near Mansfield, in the high country of Victoria) at the height of the GFC. I reckon I bought and timed well. Currently doing...

I just got a fine for doing 68 in a 60 zone. I did notice he was parked illegally on a bike path down Station St in Edithvale. There are specific reserves where cars can park but he was definitely on the bike path. I also left a query with Bicycle Victoria. Can they issue tickets from...