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    Sydney Median Price in 2018 - 2019

    Sash has called a "severe correction" in 2018 - 2019. Using the Domain report the Sydney median houseprice at December 2014 was $873,786. http://www.domain.com.au/public/guides.aspx Using this as a base what change do you expect in the Sydney median property price after the correction...
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    Interest free offers from retailers

    Just wondering what should be considered when looking at interest free periods from retailers. We are looking at getting an Ikea kitchen this month while they have their voucher offer on. If the purchase is over $5K you can also get 48 months interest free. Is it worth taking up the...
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    Disguise that you are an interstate buyer

    Hi All, Do I need to disclose that I am an interstate buyer ?. I currently wish to bid on properties in Queensland. Can I use the address of an investment property that we own in Queensland when placing bids for properties either via Auction or for sale. Can I just supply a rates...
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    Your lowest rental yield / poorest cash flow purchase

    In "inner" Sydney at the moment it is hard to get anything like a reasonable yield from a house purchase. Just interested in some low yield purchase stories and how they ended. We have a place on Sydney's north shore that cost us around $720K all up back in 2008. The rent was around $400...
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    Is there value is being loyal to a bank ?

    We have been with CBA forever and have everything with them. They provide a very experienced personal banker that we have used for years and have been very happy with. For a long time we did't have much in the way of banking requirements as we paid off the PPOR a long time ago and just...
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    Brisbane Council Rates / Zoning

    We have a property in Enoggera which is 3 units (2 x 1) on 780 metre battleaxe block. The development would be 50 years + old and is a raised house like structure clearly build as 3 units. The area is zoned low density residential. The rates are category 4 which is multi-residential. The...
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    Gift ideas for the property investor or renovator

    There is an upcoming birthday for a keen property investor and renovator. Any suggestions for a unique and creative gift (less than $200) ? Was thinking a Bunnins gift card or one of those electronic measuring tools - but would love to get something more interesting.
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    How have obtained discounts by buying in bulk ?

    At the moment we need to purchase 6 air-conditioners for delivery in two different cities. The expectation is that we can get a discount by negotiating a bulk purchase with the supplier. I have read about property investors who just stock up on things likes tapware whenever there is a...
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    Brisbane North - Purchase and Renovation

    After gaining a lot of assistance from the knowledge and recommendations from Somersoft members - both from the threads and directly we thought we would share our journey of purchasing and renovating interstate. It seems there are a lot of members looking at Brisbane from elsewhere so...
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    Reverse Mortgage

    Hi, I was hoping to get some information about the best product or options for accessing the equity in a PPOR in retirement. My parents are in their mid-eighties and live in a smallish brick house in Sydney south on a 990 m2 block - valued around $750K. They will not consider downsizing and...
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    Exempt Developments - NSW

    Hoping there might be some experience or thoughts on what you can do under the Exempt Developments in SEPP in NSW. Basically we want to put in a recreation room and the 20 m2 allowed for garden sheds etc should be adequate - particularly if it saves needing to go through councils and...
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    Building Convenant on Title

    A property we were looking at purchasing has a building convenant from when it was sold by the Department of Housing in 1973. The Housing Commission of NSW can release the requirement. Just wondering if these is something that is routine for them to do or whether it is an absolute red...
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