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Hi, What would be a ballpark figure to renovate/replace the kitchen, bathroom and paint a medium size apartment in Melbourne's inner north? It's a 1970's apartment with everything original and never updated, although it's still functional and currently rented. Thanks!

Hi All, Just looking for some confirmation/advice from here for an idea I have before I run it by my accountant. Currently I own an IP with my sister valued at approx $400K, so my share is $200K. The IP is paid off so positively geared. The property was transferred to us by our parents...

Hi Guys, I've been looking at 3 & 2 BR Units in Glenroy or Broady (for an IP) for a couple of months now. I have closed in on a couple of properties to the point where I could make offers that would likely get accepted. Two properties I'm currently considering are: Glenroy 3BR Unit - $370K...

Hi, Where can I get data on house prices that contains the following info by suburb (I'm after a full list of all suburbs rather than extracting this info suburb by suburb from the web): Median House Price Dec 10 - Median Unit Price Dec 10 - % Change Over 5 or 10 Years I got my hands on...

Before I seek professional advice i would like to get your thoughts on partnering with a friend to increase our buying power and buy a better property. Say on a $500K loan ($250K each) both of us could service the debt on our own, but prefer not to have such large out of pocket interest...

Hi, Is it possible to become a "property financier". Say I've got $100K to buy an IP, rather than borrowing another $200-$300K to buy an IP and play the property game. Can I inject my $100K into a property developer and get back the % of the profit that I put in? Just say it costs a...

Hi, I am new to property investment and would like some feedback on the following property: House: Weatherboard, 3 bedroom, 1 bathroom, 1 car carport Condition: Average Suburb: Oak Park, VIC, 3046 Block: 700m2 Rented At: $250 pw Asking Price: $480,000, comes with approved plans and...

Before I speak to a solicitor I'd like to learn as much as possible. My parents would like to transfer their IP over to us. I earn around double what my wife earns. Would it make sense to have the property in my name or my wife's? If in my name I can claim all the tax deductions against my...

Hi, Just wondering what people think of inner city apartments as investments? The following ad caught my eye in the domain a few weekends ago: Carlton - Brand New One Bedroom Apartments with Balconies PRICE: from $183,500 * City edge - minutes walk to Lygon Street and city, cafes...