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  1. D

    Western Sydney OTP

    Yes, Fairfield West. Just to give some numbers for context, the place we're eyeing up atm: $520k, 3bed + study, 2 bath, 2 carspaces, 185m2 total area (outdoors + indoors) estimated indoor area based on floor plan is 110m2. How do those numbers sound?
  2. D

    Western Sydney OTP

    Hi everyone, Thanks for taking the time to respond, really appreciate it. I was away on a snow holiday (as early 20s are wont to do) for the last couple of days. The development is in Fairfield West. I'm not sure how much else I can say about the development though. In response to a few...
  3. D

    Western Sydney OTP

    To be fair, there were a number of major developments happening around the area that they pointed out, which could indicate significant future growth. But I think I agree, I'm leaning pretty cautiously away from this now.
  4. D

    Western Sydney OTP

    The thing is, I can't see any other OTPs that are not negatively geared either - our initial plan was to look for properties with close to 6% gross rental yield (although down to 5.7% will still be neutral at this point in time) with decent capital growth, but a lot of advice we've getting from...
  5. D

    Western Sydney OTP

    FHOB is 6 months live-in time but now that you mention it, the depreciation for 6 months wouldn't be counted as well. Is there any other way to get valuation? It's just that the cooling off period is around 2 weeks from now and so by the time settlement comes, obviously we become committed to...
  6. D

    Western Sydney OTP

    Hi everyone, Looking for a bit of advice on my situation (I'll be seeking out independent advice from trusted sources as well). My best friend and I (both early 20s) are working together to purchase real estate. We just put down a $5,000 refundable Expression of Interest for...
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