Search results

Things do pop ups lol... my Permanent Residence visa came out late yesterday (after 3 years! Finally!) and I am looking to change the name for the purchase as contract have not been exchanged yet. Now I have finance question instead (new thread here...

Thanks Aaron, $150,000 sounds about right then. The house is 80m2 + 4m2 outside and 18m2 garage so with medium build ~ $153,000 or $204,000 for $2000 per m2 Will note this. Thank you Dave

:D I see.. who should I contact for a better estimate? Builder? quantity surveyor? or would an insurance calculator would actually be sufficient (it gave me $230K-ish mark)?

The builders quote come out on ball park range of $1500-$3000, which I think is reasonably affordable :)... still far far away from the $10K mentioned by the inspector :rolleyes:. Have asked last minute discount from agent (hoping to get about $1000 off) - owner said no, so will try to approach...

He said the roof is a bit worse general, others are average. I wasn't being clear. For Roof Cladding "Cappings have moderate rusts and will need to be replaced in the future" Pretty sure it's just tile roof. It's internal damage - the inspector said it's due to impact, and of course, can't...

The median price of the suburb is on $300K mark and house around is about $230-$240K, so there are a bit of room to move (the property is $190K if he deal goes through) Since I will have the loan fully offset for about a year, I thought of fixing the critical parts so it won't need that much...

The report says it will lead to leakage if not fixed - so I take it by the time of inspection, there's no sign of leakage (or not yet...). Ditto re post from thepeoplesagent Thank you guys :o

Yes, I figure :rolleyes: Haha... I might have been overreacting as it's my first time reading P&B and the report says "highly risky". :o Thank you, it feels less scary after thinking about it for a while (and the fact its not going to fall down anytime soon!). I am not sure why the...

Hi Alex, The contract is still with my conveyancer (hasn't been sent to vendor's solicitor), so yes, vendor hasn't sign. I assume as this hasn't go to vendor, there's still possibility to put off the deal? Edit: No, I have not s66w waiving the cooling off period. Or at least not that I know off.

Hi all, Would like to hear your opinion on my first IP purchase... A bit of background: House price is at $190-200K mark at postcode 2320 close to shopping centre on a relatively quiet street, gross yield 7.5% (already tenanted) I have enough to offset the entire loan for 10 months or...