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For reasons I can't explain, I need to put down deposit on a House & Land Package within the next few days, avail the FHOG & hopefully settle here in the next 12-16 months. Budget: $400K for a 4br House on a ~ 500sqm Land (min. Frontage 14m) Location: proximity to CBD via public Transport...

Have owned the IP for almost 2 years now, first year rates (07-08) were paid on time ,as the invoice was sent to my current residential address. For 08-09 I never received an invoice from the Council, turns out they have been sending it to the IP address ! I called the Council last week to...

Hello again investors ! Needed a consensus on what you think about buying a decent 3br house , good block size (over 600 sqm) , well maintained and in good condition. It is situated exactly opposite a secondary college , and a park 500m on College's left. It has concrete fencing in the...

While a Wpac Finance Manager has put me in a dilemma, I thought I'll post here my scenario for comments - IP1 50% equity, existing loan term 8 yrs Lo doc (5 yr fixed), hence repayments are high ... $1870pm to be exact (1040 = rent pm) - Annual income 61K pre-tax - Looking for IP2 (around...

My first IP : 2br unit in Melbourne East (25Km from CBD) but next to station/market - Gas ducted heating - split A/c - Main b/r with ensuite - Lockup Garage with internal access - Outside paved with BBQ 7 year old ... advertised at $260K .... Offer accepted for $252K ... after a little...

And yes I am a little nervous ... Here's the situation .. property's been on the market for 5 weeks , wasn't sold in Auction . Agent told me reserve price was 350K and auction ended at 295K !! So now its on private sale Abt the property/ location:- 500m from the Train station / Central Markets...

In Short, I don't have last 2 years tax returns that will prove that I am currently earning 50K p.a..... So Westpac told me that I won't be able to borrow . My problem is that for 04-05 I was a student and hence my return has 10K as net income, and for 05-06 (self-employed .. 1st year) I...

Hey There I'v been concentrating my efforts for looking an IP in Ringwood area (Melbourne) since the past 2 months. Unfortunately for me the avergae price (3br. House 800sqm block) works out in 300 - 350K range which isn't my budget. Max. I wanna be spending is 280K . Loan isn't a problem , but...