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Hi Terry ... would you be able to elaborate a bit more. How can you sell when only you have paid 5% or 10% of the total land value a the time of exchange? And why would the new purchase buy it when he knows the seller is not even the owner of the land? Please demystify if you can .....thx.

Hi Guys, Just wanted to clarify this point, if one exchanges contract on a land and has not settled yet on it, can he sell the land? I was hearing mixed views as my understanding was once you are the owner of the land (become one after you have settled on it) then you can sell (provided...

Would you know roughly how many years till the next growth cycle??

Hello everyone, Have been looking for a while now at the Oran Park town Master plan and have also drove there few times and checked out the area and the new houses coming along. Reading the sales brochure, there are estimate of 25000 houses to be built in total. The estate has some good...

So does it mean if you have a % share in the a property, the threshold for land tax is also calculated according to the % of ownership. Eg: If the high income partner is reaching close to his land tax threshold, the next property they buy, in order to avoid being slugged with land tax, the...

Had a chat with one of the consultants at Landcom sales office and was informed, most of the past and future land releases are filled mostly or partly. Strangely they also suggested at times a filled land is better for building purposes as compared to a normal land. Had my reservations on that...

Did exactly that, checked with few builders who are building in the area and got told it will depend on the amount of fill being put in the land. Coz, that would translate to how deeper the builder will have to boar as they charge extra for every meter they have go deeper than what is allowed...

Hello there, The recent releases from Landcom at Sydney south west have got plenty of lots either affected by BAL ratings or are mostly or party filled. Upon checking with Landcom and even Liverpool council they weren't able advise on the extra $$ that may incur for building a house on a...

In my opinion Leppington and Edmondson park area will become the future hub. With the train stations operational by next year, it will act as a Central Point with train lines to go to (Liverpool, Parramatta and further west), (Airport, Sydney City circle ) and (Campbelltown, Macarthur). So...

Oran Park and the surrounds are really picking up in terms of infrastructure development which causing the price to go up. Went there few weeks back and was amazed at the amount of construction going on.

Thanks Rixter for the explanation. I understand the strategy and with you on that, but what I find hard to work out is the execution of it. So say if I do buy 1st IP in year 2015, then as per plan, I would require to buy 2nd IP in 2016 and so on. In order to buy the 2nd IP, I will need to...

Hmm, could be a possibility esp with the number of new land releases and developments that are planned to occur over next few years. There could be a surplus of properties in Southwest. But then, we keep hearing how the population of Sydney is ever growing and will continue to grow at even...

Good point and noted. This idea did cross my mind and inclined towards hedging out my investments instead of 1 big bang investment but didn't know the WHY?. The inclination was purely based on gut feeling. Thanks for the reasoning. Hmm, yes a valid point. Just because Sydney market is growing...

Working out the end goal is challenging bit and I was after some ideas from the members of the forum. I liked the two options that you have presented in the example, which certainly has got me thinking and will keep in mind. Thank for the pointers. Feel free to share any other suggestion you may...

Couldn't have agreed more on that point, have already taken up an appointment to flesh that bit out and understand it fully. Have also spoken to few brokers and got meetings lined up. wouldn't be slugging myself with a 650k loan without fully knowing the minor details. My general...

Thanks Rixter. My investment strategy is not any different to what most of the new investors have when they initially set out in this path. That is to have a positive cash flow after 50's and not having to slug it hard for it (passive income). That's at a high level and will evolve as I...

I've read quite a few posts with people asking/advising to have a clear financial strategy. I was wondering if someone could share some of the Strategies currently being used. How individuals go onto build a property portfolio based on the equity and/or on a single meager income. Do they over...

Hi Danwatto, My PPOR was built (bought a land first and then built on it). The advantage of this approach was: - Got the house built as per my liking, had my own customized floor plan - was able to negotiate better with builders and saved heaps upfront - stamp duty was less (only on the...

Hello All, My partner and I intend to buy an IP and are tossing over the idea of whether buy a land and build a house on it OR go for a Land and house package. With the former option, yes there is a bit of running around and may turn out to be cheaper (Stamp duty less as only on Land) but...

Can the percentage be changed later during the course? So should one who has plans to build a property portfolio with her partner should go for the 50-50% sharing. With the male partner on top tax bracket, on short term it may provide no so great tax savings, however long term (hoping the IP...