Search results

  1. K

    School zones Investments

    Whilst not new strategy, I thought it is worth while bringing it up again given the news brought up about how to "save" half a million dollars for the family by buying houses in top school catchment areas...
  2. K

    Rental income and interest payments

    Hi all, I have the following loans setup for my PPOR and 1 IP: Loan 1: PPOR loan (450K) with Offset (150K) (secured by PPOR) Loan 2: IP loan for 20% of value of IP (secured by PPOR) Loan 3: IP loan for 80% of value (secured by IP) Loan 4: IP loan (115K) with offset (115K) (secured by...
  3. K

    Settlement of OTP property

    I have bought an 3/2/1 2 storey OTP house from Mirvac in January this year.I have been told that it is about to be completed in 3 weeks and will be ready for settlement. I have 15 business days between their notification and settlement date. This is my first IP so I have some questions in...
  4. K

    Negative Gearing on chopping block

    Not April Fools like the earlier thread but potentially negative gearing is going to be scaled back significantly: http://www.sbs.com.au/news/article/2014/04/03/australian-house-prices-taking-fresh-look-negative-gearing...
  5. K

    Do you get judged by your friends on where you buy?

    I have had discussion with my colleagues in regard to buying IPs recently. You generally get different looks from colleagues (and friends) depending on the location of the property you invested. For example, my colleague just bought a house at Lower North Shore of Sydney, and everyone's eyes...
  6. K

    Researching on Melbourne

    I am looking at expanding my IP portfolio. Due to Sydney being everything too expensive these days, I am casting the net further out to say Melbourne and Brisbane. Of course another advantage is another land tax threshold available where in Sydney it is easy to go over it (land is so expensive)...
  7. K

    Current Home Loan interest rates

    I am currently with ANZ Breakfree Package with 1.00% discount (4.88%) for standard variable rate. I have just been offered 1.25% discount (4.74%) with Advantage package from St George via another broker. I am seriously considering moving as I am looking to buy my first IP (I already have PPOR)...
  8. K

    Refinance with possible future IP purchase

    Currently I am on Westpac with PPOR loan of 525K and is currently moving to ANZ Breakfree with 1% discount. ANZ has valued my house at 800K. I have cash at 140K on Westpac offset. ANZ suggest I borrow up to 80% LVR (ie 640K, ie extra 105K) against the home. I had to fill in a statuory...
  9. K

    Sydney Pest Control Inspector

    May anyone please recommend a pest/termite control company for Sydney inspection? Our neighbour has discovered termite at the fence so I want to inspect my house as well. Hopefully those company would use environmentally friendly way to eliminate the pests. Thank you very much.
  10. K

    Home truths - don't buy there

    What the? Parramatta? Wondered if anyone actually subscribes to his report? http://www.news.com.au/business/money/story/0,25479,23613617-5013951,00.html ___________________________________________________________ Money: Property Article from: The Australian Brought to you...
  11. K

    Sydney Metro Line Development

    Well well well the long awaited presentation for the Sydney Metro line development. Actual Presentation: http://www.nsw.gov.au/docs/MREP.pdf Media Releases: http://www.nsw.gov.au/docs/080318_Transport_SydneyLink.pdf Website: http://www.sydlink.com.au/ Let's see how long it takes...
  12. K

    Miami, Florida, 50% Off!!!!

    Maybe with Strong Aussie dollars we can pick up some bargains there?! MIAMI, FLORIDA: HOUSING CRASH 50% OFF!!!! http://www.youtube.com/watch?v=tkuW8bCjC6c CENTRAL CALIFORNIA HOUSING CRASH http://www.youtube.com/watch?v=QVFBojFJTZM
  13. K

    Sydney: No more Northwest rail link (on again/off again)?

    http://www.smh.com.au/news/national/bye-heavy-rail-now-for-a-northwest-metro/2008/02/25/1203788248514.html Oh well, maybe better not to buy NorthWest of Sydney after all? The NSW government keep changing plans so that nothing ever gets started and "more cost efficient"...
  14. K

    Sydney's struggle street

    Very interesting article on Kellyville, Sydney. I cannot believe people would pay almost 1 mill at Kellyville. Was the market THAT OVERHEATED at that time? Or was it all part of those real estate seminar scams? I need to drive to Seymour Way this week to see the houses for myself...
  15. K

    Sydney: North-West Rail Link derailed?

    Here we go again, the state government is now trying to get out of their commitment on the Hills rail link. Am I so surprised? Of course this affects all house prices in the Hills district, especially the Rouse Hill area where they are trying very hard to drum up people to move over there...
  16. K

    Mortgage Stress and Rental Stress in Sydney

    Even by harbour, renters do it tough http://www.smh.com.au/news/national/even-by-harbour-renters-do-it-tough/2007/08/24/1187462523576.html Sydney not alone in seeking housing crisis solution...
  17. K

    NSW fast-tracks plan for rail links

    Maybe investors should buy properties in the Hills district and/or the South west area ....... http://www.smh.com.au/news/national/nsw-fasttracks-plan-for-rail-links/2007/08/22/1187462312437.html _______________________________________________ NSW fast-tracks plan for rail links Brian...
  18. K

    Bagging over land supply

    Totally agree what Frank Sartor said (below). People do not want to move to western fringes. so extra land over there is almost pointless. In fact, it would depress all the house prices around those areas. People want to live closer to the city so the only way to do it is promoting medium/high...
Back
Top