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  1. BlueRidgeHomes

    My situation & some lending & general questions

    Hi Vesuprop, One of the key differences between CBD and regional property is the cost of building to land value. For example a small old run down cottage in Toowong, Bris might cost say $600K and only $100K-$150 of that might be building value. Contrasted with say a regional town where of...
  2. BlueRidgeHomes

    My situation & some lending & general questions

    How recently have the revaluations been coming back on the completed builds with equity gains? Is it much harder now that the market is becoming flatter and flatter? I am not sure how confident I am on locating decent land and organising for the whole building place to happen. Although, I...
  3. BlueRidgeHomes

    My situation & some lending & general questions

    Hi Vesuprop, Gympie would fit your budget for a new build yet as someone holding a number of properties there at the mo my concern would be the currently higher than comfort level vacancy rates & that the rental return between an old entry level property & new property is not wide. If looking...
  4. BlueRidgeHomes

    My situation & some lending & general questions

    Good afternoon Vesuprop, You've got some good equity in your Ballarat property and cash flow - well done on that one. I'd suggest at your stage and due to your current income that you continue to focus on properties that don't put such a drain on your pocket. Have you considered either...
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