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Reading between the lines I beliveve the RBA will be taking the measures in preparation for further necessary interest rate cuts to stimulate the real economy.

25 THs. As mentioned BC equates to $35 a week. My point being that great relatively risk free opportunities are available in Brisbane without fear of buying into a bubble or at the top of the cycle.

Some great value to be had in Brisbane I bought 6kms west of the CBD in Indooroopilly. Massive infrastructure spend in the area - shopping mall upgrade, Legacy tunnel. It's also viewed as blue chip and the schools in that area are more highly rated than the suburbs that you mentioned. A lot of...

Regarding depreciation....some assistance please.:) I'm moving into a newly acquired property for around 3 months. I'll then advertise this for rent and rent it out. Should I get a depreciation schedule done: 1 - Now while it is my PPOR - but prior to refurb - carpets, floating floor...

Hi, I'm looking at buying a property (property to be decided) in a suburb (Mansfield QLD) where I'm finding it hard to judge what would make a good offer. Can anybody point me to where I can find a report that would cover all suburb sales? I'm not so much interested in suburb performance. Just...

If somebody rents out their PPOR 1 month after moving in, then as has been stated, a pro-rata amount has to paid to the OSR. ie 11/12ths. BUT an investment property attracts a higher rate of transfer duty than a PPOR. So would the amount of duty to be paid be based on the PPOR rate of duty or...

Why do the flood maps matter? Properties which were flooded in St Lucia, Bulimba etc are selling well. The 1974 flood was worse and those flooded areas have appreciated well. I dont think we should get hung up on a once in 40 year event and I think as time passes the market begins to...

Bought a TH in the Indooroopilly/Taringa area recently prior to being advertised on RE. Lurked outside at subsequent inspection a couple of days later. Saw around 15 parties enter.

I'm looking at the western suburbs - Indooroopilly, Kenmore etc. Is it just my imagination but is the amount of available stock for sale unusually low, or is this just a normal winter thing? Can anybody point me to how I can verify my thoughts? Is anybody finding out the same in other...

People who have enough deposit to buy their home through their super would surely have already have purchased their first home already? A $300k property with a 40% deposit in their super means that person would have earned $1.3m in gross earnings. I doubt anybody who has earned that much...

Thanks for the replies guys. This specialized knowledge goes to show that it's worth using a broker.

Not that my view counts for much but I'd say that this time next month, another set of data showing a rise in unemployment will have the 'experts' calling another rate cut in the near future. A strong AUD and a strong trend in increasing unemployment is something I would not want to bet...

Earnings - $52k last FY. (Last 13 weeks annualized to $80k. ANZ lent based on this so wife bumped up her hours) Job - Nurse (through an agency for last 18 months). Shifts 2-3 12 hour shifts per week (is this part-time?) - fluctuates week to week and season to season.

Can anybody tell me which lenders lend based on last 3 months earnings annualized? I know ANZ do. Do they all do this? Is it something that all brokers should be familiar with?

Thanks. So what we are saying is that whatever the purchase price, add 5% and then calculate the interest repayments on that figure? Then use this figure as the loan expense when calculating the return?

Ok. I'll put my hand up. What is this 105% calculation? Can somebody point me to a resource which explains this? Isn't the best measure annual return on deposit paid?

Unemployment up again. Interest rates to be cut next month? This so called transition from the mining sector to other areas doesn't appear to be happening too well. Shouldn't we just look at the position of the country prior to the mining boom and assume it will be worse than then thanks to the...

How much were you able to leverage your savings? 900%, 800%, 500% or a big fat ZERO percent?

A couple of questions: 1. Will a BC's insurance cover termite damage? and 2. Will it cover termite damage if caused by negligence of the owner eg not maintaining non-common areas causing water pooling or over-grown vegetation?

Sunnybank is anything but 'blue-chip'. Big houses don't make a suburb 'blue-chip'. If that were the case then we could call ANY suburb blue-chip as they all have some big houses. Top schools, low crime, proximity to CBD do, and Sunnybank has non of those. I'm not saying that SB is not a place...