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  1. MTR

    First post: new to IP and buying in Perth

    Congratulations, well done. All income is taxable if you declare it???
  2. MTR

    First post: new to IP and buying in Perth

    I agree "do things differently", took me a long time to learn that one.:)
  3. MTR

    First post: new to IP and buying in Perth

    Hi Sanj Balga is red hot at the moment, investors now paying just over 400K for triplex sites, units/villas selling at $350-360K. There really is nothing in it, perhaps 10%, I also believe there is an oversupply of units/villas as investors are offloading older stock. As far as the future...
  4. MTR

    First post: new to IP and buying in Perth

    Hi Invstor It is a great time to be best friends/networking with the RE agent. Looking at buying before something hits the market otherwise its just so difficult with multiple offers. MTR
  5. MTR

    First post: new to IP and buying in Perth

    Unfortunately this happens with Councils, delays and more delays. BTW, I would take what RE agents say with a grain of salt. Its a rising market and I have seen price jumps of 20% in Girrawheen over the last 6 months. Will it continue, no idea, but there is no stock, demand is greater than...
  6. MTR

    First post: new to IP and buying in Perth

    Satterley are involved in renovating properties in Girrawheen and Koondoola as part of government program, these houses are considerably cheaper (perhaps as much as 20-30% equity) but only for first home buyers (conditions apply). Am currently looking at this for my daughter. Something u...
  7. MTR

    First post: new to IP and buying in Perth

    Hi and welcome.... I will only talk from my experience, investing over the last 12 years now, how time flys... I would buy as close as possible to city, ouch, it will hurt, not if you purchase in areas that are on the nose, Girrawheen and Koondoola, you are on the right track, cheap to...
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