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I Chris, thanks for the reply. Yes, ground floor is the thing putting us off the most. The st is a premier st and is quite quiet. The Prahran building is a 1950's build with only 10 apartments on the block. Personally, although I like the area I would rather invest in house and land...

Hi all, new to the game and would like some advice on our first IP. We have narrowed it down to two properties but are split as to which one to go for. They are both 1 bedroom apartments, roughly same size (58sqm), similar rental returns, both private sales. Both are run down need kitchen...

No courtyard in this one, otherwise yes, I could justify a similar price to the 2nd floor

Thanks for the reply Jake, I should have mentioned that when we eventually look a our second investment we plan to hold onto this one and rent it out. We are looking at spending no more than $460k at the moment which will only get us a 1 bed in the blue chip areas like SY, Prahran or Toorak and...

Hi all, New to the forums, and a noob in regards to property investment lol. Just needing some advice or to be pointed in the right direction as to where I can do some homework. My partner and I are 29 and are finally in a poisition to enter the market. We are looking to purchase an apartment...

It would be a PPOR for 2-3 years, then a long term IP. It is located in a highly sought after location/street but there are not a lot of recent sales to compare to. We do like it but think $460k is overs. Would it be unreasonable to make an offer less than what the vendor wants (i.e. high...

This may be a difficult question to answer but would like to get some thoughts. Went to auction on weekend to bid on 3rd floor apartment. Missed out and the property ended up selling for $468k. Went to open inspection yesterday for a ground floor apartment in same building (less secure, no...