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I dont think there is much difference in price once you factor in the cost of Render.

This looks like a good buy. Great pocket of Albion. http://www.realestate.com.au/property-unit-vic-albion-118537883

Thanks for the links. It does seem that the east is outpacing the west the last five years. Is there any sites that can plot back further than 5 years? Be interesting to see if the lower priced suburbs catch up in % growth in the long term. From memory prior to 2009 suburbs such as sunshine...

Has anybody got data on the percentage growth between the East and West of Melbourne. A few years ago a fellow Somersoft member showed that there was not much difference between the East and western suburbs in relation to growth. This time around i do feel that the East is outpacing the...

Stay away from anything that is associated with 21st Century. They dudded many with their so called bullet proof forex trading scheme. Last year they were telling everyone to invest in bitcoins and now this Landbanking Scheme!!!

http://www.smh.com.au/national/henry-kaye-back-in-business-doubts-over-small-investors-100-million-stake-in-questionable-property-investment-schemes-20150307-13xw42.html

Hi Brendon How's the build cost now with all the changes?

Thanks everyone that has shared their real life samples of Positive Cashflow properties. I just attended a Dymphna Boholt seminar and she paints a different picture. She was throwing cash flow + property's with 20k+ to $100k. She didnt really give any specific costing figures, but in general she...

Hi Aaron. I will be looking to sell. In the past with a rising market, i would keep 1 out of the 3 but with the market in the last 2 years i have been selling all.

Hello everyone. Besides full doc and lo doc loans via major lenders, what other types of finance is available for 3 unit developments? I have 20%-30% of the total costs. I am using full doc loans via NAB at the moment, but find that they are not very keen to help with my business. Also...

And here is a 4 unit site for $350k http://www.realestate.com.au/property-house-vic-frankston-113602191

theres this one that can also fit 3. http://www.realestate.com.au/property-house-vic-frankston-114235515

how much do you think it is worth?

They are quite small. I estimate that it would be around 280k to build. Oscar is doing a lot of the work himself thus the lower cost

80k sounds tooooooo cheap. How big are they, where, what finish.

Problem with Brookfields is that it it is tied up with Melton. Caroline Springs had Deer Park, St Albans, Sunshine which are built up areas. People were selling up in areas like Sunshine, Footscray etc.. to move into new homes in Caroline Springs. Whos going to sell up to move to Brookfields...

Have you researched what comparable properties sell for in Melton. I know Rowan claims that his properties are premium and is about 25% priced above other sites. But i feel his pricing is more than 50% more than similar buildings.

To make any money you need the property to increase at least 20% in 5 years to cover all your costs and agents fees. They were making outrages claims that the properties may grow by 50% by the time you settle. Be careful!!!

Are you talking about Rowan Burns? Figures dont stack up at all. They are overpriced in even todays prices.

Hi Oscar What size are the units?