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That's what I thought - thanks for the clarification.

Folks, thanks very much for taking the time to respond, it's greatly appreciated. :) Brady, I hear what you're saying about borrowing 80%, we would likely do that particularly considering the advantage of borrowing >$250K. We have the majority of our funds in GBP and EUR at present, so are...

Hi All, Apologies if there's a thread/threads about this, I've spent a while looking but to no avail. Could anyone offer any insight into negotiating a discount on lenders' interest rates? I'm not talking about negotiating techniques, more some thoughts on the willingness of lenders to roll up...

Found it! We’ve finally answered our question “where in Tassie for under $150K” so I thought I’d update this thread and say a quick thanks to everyone who offered their thoughts. For us it ended up being a $140K 2 bedroom unit in West Launceston; brick and tile, little garden, lovely view of...

Chigwell Hi MYoung, Well, I've never been there, so have no right to run it down, but I came across this when doing my initial research on Tassie suburbs... http://en.wikipedia.org/wiki/Chigwell%2C_Tasmania Unfortunately that entry was the nicest thing anyone had to say about the...

SOS and DDI, many thanks for your posts, they’re really helpful for building up a balanced view of the area prior to our arrival there in February and DDI, your experiences make for interesting reading – you’ve certainly done well in Launceston :D The advice on the west coast is well noted...

Very interesting post DDI; I’ve recently seen a few references to developments in Penguin, so good to hear a bit about what’s going on. I got the idea from a couple of things I read that there might also be some other projects at an earlier stage of planning – did you hear about anything else in...

Tassie under $150K and harems Hi All, As someone who also used to do a 4 hour round trip to work everyday, it once again shows me Tasmanians really do know a thing or two about quality of life with their reluctance to travel – good on ‘em I reckon! :D Thanks for clarifying the CG...

Tassie under $150K Hi SOS and Muz, Thanks so much for taking the time to post – it’s great to be able to get a local perspective on things so we can start to focus our ideas/research before we get down there in February. :D It certainly seems very clear that an IP close to one of the...

Thanks for your thoughts MJK, greatly appreciated :) What you say does tend to confirm what I was thinking as I've read several times that Tasmanians consider close to the town/city centre as being within walking distance and that further than 25mins away is thought of as a bit out in the...

Thanks for your post A86. Yup, Tassie investors are indeed a rare breed, but apart from SOS, I've seen enough around on the forums to know they do exist! I've been spending a lot of time on all the REA websites, but posted to try to get some personal insights into the market from those...

I’ve been lurking and learning here for some time and would like to thank all the generous and knowledgeable forumites for their posts – its great to find such a vibrant and open community. :D I’m hoping to pick the brains of Tasmania based investors on some good spots to research for buying...