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Not a fan of the train line at the rear of the yard - and neither would lenders/mortgage insurers causing long term problems when you go to refinance/draw equity/sell.

Lenders take the lower of the valuation or the purchase price so you can't pull that off unfortunately - it does mean that after a few months you can draw out any equity gain however which may get you onto the path of buying your second property (a common strategy a lot of my younger clients are...

A building and pest inspection will give you a nominal amount of information on any visible potential plumbing/electrical issues - I would wager just as much or more than what any plumber or electrician would provide and for a fraction of the cost. As already said in the previous posts, if...

I was at that launch on Saturday - there was points where people were getting a physical fighting over the apartments available. High $$$ event, with a decent food spread, multiple entertainers, football players, channel 9 news presenter as MC etc. Reasonable product - but I wouldn't...

You have to laugh at some of the comments on that news link. Overall an interesting development, quite a high price compared to it's location.

Blair Athol has a large indian demographic, Kilburn has a large Middle Eastern community. You can tell both easily with the increasing number of stores catering to the local populations needs. Enfield too has a similar mix, which I find a lot of younger asian first home buyers are finding...

Just had two EBM renewals come through, no huge increases.

I've been noticing the exact same trend Bentley - a lot of foreign interest in the inner East and inner South markets in particular. A colleague of mine development a duplex catering to this exact market a little over a year ago, the entire design was co-ordinated with feng shui consultants...

That's the pity with these units, some have degraded so bad. I remember looking at a homette in Kensington Gardens about 18 months ago which listed for 270k. It had suffered from significant movement throughout, whilst at the end of the small group the rest of the properties were unaffected...

Average cost I've seen clients receive is 10-15k dependent on the structure and what works are required.

My thoughts. If I were to look at units, I'd be targeting the inner suburbs, single storey units with a private yard or homette's in Kensington Gardens/inner east etc. Similar yields but still having that strong CG potential. Slightly higher price range, but I think the value difference...

A couple houses down the road another sold for 220k. The very bottom 'old' end of Hillbank is quite cheap - completely different to the top of the hill where prices can be 400-600k. That street straddles Main North Rd, so not a huge fan. Hillbank really is a forgotten area that you don't hear...

Agreed. There has been continued growing interest in the area, with a lot of development and interest with the Indian community - but it still does have a long way to go.

A lot of Gawler has done well, and has STRONG population growth drivers for the future. Yields aren't terribly high for a lot of the area, so not usually prime ground for those chasing cash flow. Services and infrastructure are struggling in Gawler Proper due to council boundary alignments...

Indeed and that's exactly what has been happening in those areas. Meanwhile old ex housing trust areas to the south has continued their climb as they contain all the hospitals, schools, buses, medical facilities, football grounds, shopping centres etc. These would be the areas that DT has...

There is a huge amount of H&L supply in the fringe areas to help ease the pressure of 3%+ population growth, but it's definitely in oversupply with poor infrastructure - not something I'd personally invest in. A lot of the development is through the State government renewal authority, who is...

It also depends. You might be comparing a freestanding on 300sqm red brick ex-HT in Magill vs a character 1890's terrace/row cottage. In general terms it's also nicer to have a freestanding allotment, but there are exceptions to the rule.

Did you sell your PPOR? If I remember correctly you made a post elsewhere stating you have a 1.1mil freehold PPOR and were looking to purchase an IP in Syd for ~2mil. You'll have to be careful not to go over the max assets test.

The primary forms of transport for North/South are trains, and east/west are buses. North-East is via the O-Bahn, North West via train, South-West via tram, South-East via train. You'll be lucky to get a seat on commuter trains in the morning/afternoon.

What's more speculative: Property A (Adelaide): Rental Yield: 7% 10 yr average CG Potential: 7% Property B (Melbourne): Yield: 3% 10 yr average CG Potential:11% I'd say it's a lot more speculative to heavily negative gear in markets with 4% yields or less. It doesn't mean they can't be...