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  1. Smilla

    Acreage close to Melbourne CBD - opinions?

    Many thanks for all the suggestions. Lots of the places mentioned are lovely but unfortunately they are 1 hour plus on the train, so my partner won't consider it! Little River is a possibility, as is Diggers Rest. Many thanks again, everyone.
  2. Smilla

    Acreage close to Melbourne CBD - opinions?

    Hi there, My partner and I are moving back to Melbourne after living overseas. We are planning to buy a lifestyle block (minimum 1.5 acres) and spend a few years renovating and adding value to the property then selling it after about five years (we are buying it to live in and enjoy, but want...
  3. Smilla

    Borrowing in NZ with 10% deposit, high Oz income & Oz equity?

    Hi Alexlee. Sorry I should have been clearer. There's no problem from our side. The issue is that if you earn an overseas income and want to buy in Nz they typically require at least a 20% deposit (sometimes up to 50%!). I have read that exceptions are sometimes made and that non-banks...
  4. Smilla

    Borrowing in NZ with 10% deposit, high Oz income & Oz equity?

    Hi there :) Has anyone borrowed in NZ with a 10% deposit while on an overseas income? Here is our situation. Would love to hear of other's experiences. My fiance is a Kiwi with a high income earned in Australia. We own three properties in Oz with AUD300K equity at the moment and enough money...
  5. Smilla

    theft of light bulbs and smoke alarms

    I know, it's just charming isn't it. the purchase and replacement of these items cost about $150 however there are other small repairs etc which means the total repair bill is around $800. we are with terri scheer who have the categories as loss of rent, malicious damage, accidental loss/dam...
  6. Smilla

    theft of light bulbs and smoke alarms

    Hi all, We recently had to evict some tenants for non payment of rent and there was a small amount of damage done to the house. In addition the tenants took all the light bulbs and smoke alarms with them. I am looking at the insurance claim form and there is a note in there stating that...
  7. Smilla

    Obligations regarding heating for large old house

    thank you for the thoughtful responses everyone. We have agreed to release the tenants from the lease and are looking at installing some kind of heating solution in the house - either a large gas heater or gas ducted heating as well as maybe a hot water service and increasing the rent...
  8. Smilla

    Obligations regarding heating for large old house

    Hi All, We have a bit of a predicament with an IP we own in Victoria. The house is a large, old, high ceiling'd four bedroom weatherboard house. While the house is functional and in good repair, it is typical of many houses of its age with poor heating, insulation etc. In recognition of this...
  9. Smilla

    Keys for every lock?

    I have just had a request from our new tenants for keys to some locks that we consider unneccessary. We have just turned our PPOR into a rental property. It is a ground floor apartment, with a sliding door out onto the patio that faces the street, and a sliding door out onto the patio which...
  10. Smilla

    PM recommendation for Sth Melb/Southbank?

    Is anyone able to recommend a good PM that services Southbank/Sth Melb? Has anyone used PMs at any of the following agents? MICM - St Kilda Road Buxton - Albert Park Carroll McKeddie - Sth Yarra Biggin Scott - Melbourne\ Dingle partners - Melbourne Hayden RE - Melbourne Any...
  11. Smilla

    Updates from PM - is this a little ridiculous?

    thanks for the advice. we don't keep a spreadsheet but I look over the statement each time and see if everythin looks roughly right. I should have been doing more I think.
  12. Smilla

    Updates from PM - is this a little ridiculous?

    We are in the midst of swapping to a new PM due to our current one being seriously slack with getting repairs done etc. this is our first IP and we have had it for three years. it is in a small country town and at the time of purchase there was only an option of one PM in the area. recently a...
  13. Smilla

    Rental Shortage in CBD

    some people in this thread come across as very bitter!
  14. Smilla

    Advised to put rent up $30 pw!

    i would easily use my stove once a day or more.
  15. Smilla

    Property Sale Results in newspaper arent accurate

    My partner and I bought a property on Thursday and it appeared in the sale results in the Herald Sun today. I noticed that they said it sold for 10,000 more than it did. I've spent the last couple of years checking results in the paper during our searches for properties and always thought...
  16. Smilla

    House fires - please read!

    Same here. Though after a while you just develop a nose for an email hoax.
  17. Smilla

    The heat in Melbourne's Inner City Property Market continues.

    What’s everyone’s experience at the moment out on the street? In my experience prices are really deflated at the moment. My partner and I are looking for a PPOR - 2 bedroom apartment with an oversize balcony, terrace or courtyard in South Melbourne, Southbank (south end), South Yarra, or St...
  18. Smilla

    Crisis of conscience

    Another option is mentioning that your neighbour has offered the place to you personally – that he isnt putting it on the open market. You could give him the impression that you have first dibs.
  19. Smilla

    The Fastest Way to figure out what a property is worth

    I think you can find a property that is the type of place you want in the location you want, but not know where is sits on the value scale. It is hard with this place as it is a two bedroom house which is not common in the area. It’s hard to find comparable properties. Second issue is...
  20. Smilla

    Purchasing in VIC - Frankston Area

    yes, agreed. I'm trying to determine its approximate true value.
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