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Would AirBNB and not being able to vet the potential renters be classed endangering the neighbours? Further, is there anything about changing the class of the property from standard residential to boarding house situation? Health/Fire code? And does it allow immediate eviction or...

9 years on, I'm pretty much after the same answers. Anyone have any experiences and recommendations?

Because people will still sue regardless. Look at how people are still complaining about places like Docklands Rd and the airport. Easier, and less of a strain on the council budget to avoid having to defend themselves in court altogether.

Funnily enough we have one on either side of the rollout border. Two properties, one street, one is 5 houses within the border, the other 5 houses outside of it. Building apparently started last Nov 13 so not sure of any impact yet.

I'm looking on the other side of the equation - how quickly subdivided developments sell. I haven't seen much of that. Any one know about 336 Station Rd St Albans? They paid handsomely for it about 10 years back (about then, because I was trying for it at the time too) as a development site and...

Wasn't trying to offload a parcel on you was he? :p Even the Asians are looking to get out. Kealba is a middle of nowhere land type place that tried to take advantage of the property boom but got cooked in the squat. Disclaimer: Immediate family have investments in both Kealba and St. Albans.

It's a good rental place, with low cost IPs so you can relatively quickly get them CFP, for but capital growth it is much easier elsewhere.

Capital growth has been almost nil in the area since the GFC. My parents have an IP there (east side, near HS and local shops) - 275k before GFC, lucky to get 330k now. It's cheap, but don't expect any capital gains. Even the large plots suitable for building units have only had marginal...

Distance to the city is important, including the different ways to get to the city, both by cars and public transport. Airport is also much closer for travellers from Derrimut. I'd actually be more interested in offices and industrial close to me, because there would be more chance of work...

I'd say it is getting too hot...and I'm one of those who doesn't believe the affordability index! When land in my area that was offered to me just a year ago for $180k is now trying to sell for 270-300k then it's getting ridiculous. You could have bought a whole house and land for that price...

Just an update on this area based on what I commented last time on it: The estate as a whole has about 20% more land to sell. They have completed Windsor Blvd, the main road going through the estate, and so have the No. 400 bus going through it. It connects Sunshine RWS (10-15mins away...

How stretched they were before the incident or how stretched they are now? If they were stretched before the incident, because they didn't plan for it, then certainly it is their fault for not factoring this in. I know we missed a lot of oppurtunities over the years because we were very...

We've had this before...8 people out of a very small 3 bedder (2 people on lease with people sleeping in the living room etc). Funny thing is the tenants complained that the hot water service was broken because they couldn't get enough hot water out of it - considering it was a domestic supply...

They are not worth it if you are looking from an IP point of view. If you are looking to upgrade a PPOR then they may be worth it. I know the building costs (including all extras) of the display home we are moving into at the end of this year are now much higher than what we paid for it. So...

I'd say St. Albans or Deer Park. St Albans in the corner closest to Kelior Downs and Keilor Plains train station should get you some potential under 300k with land, and potential to renovate; 19kms from city with alternative routes to the city (Western RR, Calder Fwy and Western Hwy). I've...

Brimbank Gardens is in Derrimut, while just over Foleys Rd is St Andrew's field and Central Park which are in Deer Park. Personally I have bought a living house in Brimbank Gardens, but not a IP, due to the fact that it is still a bit too far from PT (the nearest Connex is 5-6kms away in...

I think someone said it best, don't buy the houses you "want" to live in, buy the houses that the tenants "have" to live in. So if the tenants can only afford xxx a week, then only buy houses that can be sustained by that sort of tenant. No good buying a house that is worth millions, where...

St Albans is ok, slow to catch up due to its reputation for gang violence and drugs just like west footscray a couple of years ago, but even now its hard to find suitable homes. Lots of older larger lots in St Albans (~800-1000m2) and lots of demand by developers because of that.

As far as I am concerned, the labour governement in Victoria can put up or shut up about housing affordability with their Stamp Duty being 2x almost everywhere else. So until they do something about it, I say labour has no moral right to speak about housing affordability.

I would rather save the 120K and drop it as fast as possible into that new house which will be your PPOR so you can reduce the non-deductable asset as soon as possible.