Search results

Got it from realestateinvestar web site. It's inconsistent across multiple sources. PMs should be the best source.

Thanks Rixter. I don't know much about Coorparoo yet. I was just curious about what's available on that market and what others think about that 2br as an example of IP in that suburb. As for me, the numbers look quite good and if I were to buy there I'd seriously consider that one. As I...

Thanks for the reminder Richard. The flood map for that one looks good. Overall, my only negative about the Coorparoo is quite high vacancy rate (various numbers, but looks like approx. 3.2% at the moment). What is your thinking guys about this?

Does not look like a good profit 10 years after purchase. However, with the Myer development I think it's going to get more CG.

From the photos though it looks like a complex of about 4 or 5.

No idea. As for me it sounds even better if it's a split house.

Quick related question for you guys. Let's say I top up existing PPOR loan and split it to loan 1 (same amount as current loan) and loan 2 (which is for any equity that can be released). The lender does not have an offset but only redraw option. Can I then redraw the funds when I find my next...

I've been checking Coorparoo 2br units online and found this attractive one: http://www.realestate.com.au/property-unit-qld-coorparoo-119171143 What do you guys think? I reckon it's a good value for the quality unit with good location. It's also quite small complex which is also good as...

Hi guys. Quick question for those renting via airbnb. How do the banks treat the income coming via airbnb rent when you apply for your next loans? Renting through airbnb has its potential. I'm just not sure how it work from the point of view of the next finance applications.

Btw, I have been through the process of my own home construction recently which has been a great experience. Still lots of things to learn though.

For me the gf option sounds good as I may not have enough finance at this stage to build a duplex in Sydney. Also, as commented previously, it will be some good practice for me. If I decide to proceed with gf I'll be keeping the house and gf as it will improve my cashflow and I can't see a...

Thanks for all the responses guys! I do feel that at this stage one the best options for me would be to build a granny as I've already got a house with land allowing for a granny (SW Sydney). The numbers look good so far and the demand is there. It's also going to improve the cashflow...

Quick question guys. From your experience what requires less funds and is easier/more straightforward: subdivision and construction of a new house or building a duplex?

Any recommendations as for the specific CC areas?

Thanks Propertunity. I may want to keep the properly with granny flat and rent it. I though that in Qld (maybe except for some areas) it is/was only possible to rent a granny to a relative of a resident which very much limits the market. Is it the case? If so, CC sounds better to me as it is...

Thanks Propertunity! I'm considering a granny too. Why not Western Sydney? Is it too hot? Which areas of Sydney can you recommend (if any)?

Hello everyone! I've been thinking about trying myself in property development for quite some time now. In the meantime I've been educating myself with all available information on property development, finance, marketing, etc. I think I may soon decide to move from theory to practice and...

Hello Terry, Could you please explain the impact of purchasing jointly?

Thanks everyone. Very helpful. The other thing I'm thinking about is when to setup LOC. I'll probably need the LOC funds mid next year. However, there have been recently good sales in my suburb (Sydney south west) and I think now would be a good time to setup LOC as valuation may be...

Thanks Rixter! Can I increase LOC amount in say several years if I get more equity in my PPOR? Does variable/fixed rate has any impact on this?