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On the limited info provided, my first choice would be Hawthorn. Something in a quiet side street, but close enough to Glenferrie or Auburn train stations. Parks are second to none, shopping/amenities are pretty decent. Rgds, Chris

sorry sorry - that was me stuffing up the poll...too quick on the trigger and didn't read the full question properly. I thought it was per month, and I didn't divide by two for the couple :o:o For the record, it is approx -$12k for the year for the portfolio pre-tax, divided by two gives...

Thanks HD and WM, You're right WM, the apartment option was never on the cards when I first purchased or ran the numbers - it was always villas or nothing. Certainly opens up a whole new avenue for due diligence on, assume end product would be something along these lines...

Thanks Westminster, Yes still have the two adjacent IP's in Balga, they are virtually untouched except for a new kitchen in IP2. Pretty bog standard old places as I'm sure you know well. What are some of the main R40 changes in recent times, I'm very out of touch with the codes? I had 220sqm...

One car for the family - a 2007 Mazda Tribute wagon, with cargo barrier for the dog and a couple of child seats!

Thanks for all the reply guys, I definitely know I'm not the only one to lose capital during the GFC, and for sure others lost much more than me both in absolute terms and maybe percentage terms. I do get frustrated more about the lost time than the lost dollars, and looking back annoyed...

Hi all, Long time SS member, but haven't posted in quite a few years. I have been thinking a lot more about my investments & planning recently, but I have really taken a long break from that whole mindset. I bought two IP's in Perth in 2006 & 2007, the second one coinciding very nicely...

The interest earned on your savings account will increase...;)

Good luck with it, hope you get the high returns commensurate with the risk :) Sounds like you've done the research yards...let us know how it goes !! Rgds, Chris

Hence why I am sitting on mine... The final numbers don't stack up for me yet, but the rents are solid (320pw+) and IR's are low. So I'll just wait, and every 10k the finished villas go up (only the cruddy ones are still under 345K BC...) my end value goes by N x 10k, where N is the unit...

Yeah, I watch the prices and volumes in that corridor quite closely (Noll/Westminster/Balga). For Jaycee - you could probably get a 3x1 that needs a bit of work on a triplex block for 330-340K, but you are pretty spot on. In the Feb-May period I swear I was seeing triplex block listings in...

Congrats Hoolign, that's a good solid yield on the new IP !! Keep it up :D Chris

Only just saw this thread.... Bayview reminded me of one I saw on a Porsche 911 driving up from Kwinana a few months ago. (I kid you not) MRTOSSR2U pulling the **** out of himself I reckon. Chris

Hi Sash, Trying to work out your typo...did you mean a bit or a lot? :) Personally, I think maybe 5% more off from now in mid0range suburbs, then flat for quite a few years. Rgds, Chris

True. I often wonder what the other 19 are doing right now...

No one has started a thread on this yet...even though it is potentially the biggest corporate merger in Australia for the last decade. The announcement was made to the ASX this morning, and seems to have been kept very quiet prior to now. What does this mean for RIO/BHP? In terms of...

Hi Redwing, I was wondering if anyone was going to post anything on this...I found it by accident when flicking (right at the start thankfully). Thought it was great, if at a quite basic level - the historical references to Shakespears "Merchant of Venice" were pretty fascinating...

Don't worry Michael, I kudos'd him for both of us! I was in Brissy last week for work (Eagle Farm as well), and stayed around the Breakfast Creek area - great pub/restaurants in that place!! I definitely concur with WW from my limited trips there - the Ascot area is really great...

Woops...I'll have to change my answer then! :D I answered with respect to my total investment portfolio, which is intended to cover both CF and CG requirements....residential IP's are one part of the whole. Rgds, Chris

Yeah that was me, and it wasn't a throw away line either! I genuinely think that savings comes very hard to most people, and having the discipline to stick to a savings plan is very different to paying of a personal loan etc. With savings, the money is sitting there available to the...