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Pieman, what you will get in Berwick with 900k and what you get in inner city with that money are two very different products and will cater to different needs.

Yes Virgo. Thats the plan...However more because i have family there so in a way its moving back...I may also do some property developments there... Oscar - I dont want to be taking the headache of property management + i Do think i will be able to get similar returns using alternative...

Yes, thats a good plan to sell one at a time...Thats is what i am thinking now. Put one on market in Feb 2014 followed up by Spring 2014.

Yes, my personal circumstances are such that i will need to sell my portfolio in 3 years time anyways. Will be moving to overseas for good and dont want to be doing prop management from there...

Are price rises expected next and the year after next? Specifically for for outer western Sydney?

3 properties...Roughly 130-150k each

Hi All, Contrary to all the buying questions...I am grappling with the decision as to when to put my Sydney(Quakers Hills) properties for sale. I have experienced good growth in these properties. Expected sale price should be region of 400-420K with current rental of 400p.w... The sale...

Thanks everyone for their suggestions. I have got these repaired by replacing with Hardwood F14 timber :). Cost 280$ for 3 steps.

Thanks all. Yes i have some pics which i will upload in the evening. For both Concrete or hardwood i will need to get someone to do this for me as i am interstate. Can anyone recommend a good professional in the area(Coorparoo QLD)? Thanks...

I own the whole unit complex and thus there is no Strata. There are total of 5 to 6 threads which which need replacement.

Hi All, Got a call from my Property Manager for Brisbane unit complex that some of the concrete steps are now broken and need repair/replacement. I am bit lost here, as those I have spoken to have said to just go and replace them with timber step planks. Ideally however I will like to...

Hi All, I have a 5 unit block in inner city Brisbane and have a question regarding the repairs. Usually here in Melbourne(being local), the Property manager advises me of the repairs and i arrange my own trades person to look into it. However In Brisbane however i am seeing trend where...

5.35% with CBA. 80%lvr wealth package but its fee has been rebated.

Thanks for the all replies. Westminster/chilliblue: The strata insurance that i have taken has the Building cover included which i have nominated as $1.2M since they are basic 2bed*5 units. I am assuming that i don't need any separate Building insurance. In case the Building is damaged the...

Wish everyone a very Happy and safe New Year :). I have just been able to put a block of units in QLD under contract. It’s a block of 5 individually titled and rented units. I have been advised and have taken up Strata Insurance with Wesfarmers Insurance for the entire block which comes with...

Well to use my personal experience, bought a house 30kms from the cbd in 2002 for 130k rented it at 125pw. Today its valued at 375k and rents at 330pw. No Body corporate whatsoever. To add to above there is even potential to subdivide the property and build at back :) further increasing the...

Hi Jake, Has this historically been the case? Can you please give me some examples if you have any?

Though i agree that i use spreadsheet extensively to compare and evaluate opportunities and investments, i will have to say that my final decision is based on gut feel alone... Example - I just had evaluated a very good deal and on spreadsheet it was the best i ever have(maybe sign of times...

;) I am from IT background and yes i do have long spreadsheets that no one else can seem to make sense of...but....i have close to a dozen ip's now :)

Thanks vbplease. I have come across seqsales and have had a detailed discussion with them. However my main issues in buying with them is that: 1- They are typically operating in the large complexes only (50-60 and above) 2- BC costs are high as most have swimming pools etc 3- Most of...