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  1. Michael_X

    Bathurst or Logan Central

    They do both. Combined together they give 10% discount.
  2. Michael_X

    Bathurst or Logan Central

    Interesting. I have been using Terri Scheer, looks like more on the expensive side but their cover is quite good.
  3. Michael_X

    Bathurst or Logan Central

    That's an awesome price. When I tried Suncorp they were more expensive, maybe need to do a bulk deal. Thank you.
  4. Michael_X

    Bathurst or Logan Central

    That's a pretty good price for insurance :) Who do you use?
  5. Michael_X

    Bathurst or Logan Central

    Oops, I copied the wrong numbers across. It should be this Property management - ~8% Council & Water - around $800 to $1,000 per quarter Insurance (Building & Landlord) - $1,200 to $1,500 per annum So updating your numbers: 250K property Rent: 16250 Management: -8% = 14950 Council and...
  6. Michael_X

    Bathurst or Logan Central

    In terms of holding costs, this is what I generally pay. Of course this can vary pending the property. Property management - ~8% Council & Water - around $1,200 to $1,500 per quarter Insurance (Building & Landlord) - $1,200 to $1,500 per annum On top of this repairs + maintenance and potential...
  7. Michael_X

    Bathurst or Logan Central

    Haha, I have my mentor Beanie Girl to thank for this :) Best yield so far has been $282k purchase price and now renting for $440 per week, bought this for my folks around May last year. Highset, downstairs has toilet/shower and additional room. Renting to one large family. I was a bit skeptical...
  8. Michael_X

    Bathurst or Logan Central

    I've been in the Logan market quite closely over the past year and prices have definitely moved. When I first started looking, you could buy highsets for around the $240k mark. Now the same product is pushing $290-300k, so a decent increase over the past year. In terms of rent these usually...
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