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    Mt Lawley unit - going to start looking

    So say you got it for 600K, add stamp duty and legals, 20K IO on 4.88 is $2521 month income would be approx $400 week - so $1733 month plus rates, PM fees, insurances that's a lot to add to the loan each month.
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    Mt Lawley unit - going to start looking

    seriously though, this? http://www.realestate.com.au/property-house-wa-bassendean-115686903
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    Mt Lawley unit - going to start looking

    something like this? http://www.realestate.com.au/property-house-wa-bassendean-115253763 :D how much land do you need for a duplex block, and how much for a triplex block? Ahhhh, the annoying questions of a total newbie.
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    Mt Lawley unit - going to start looking

    Oh the fence is a lot better than it was when photographed for Street View, am sure a well directed molotov cocktail and resulting fire will fix that fence :D
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    Mt Lawley unit - going to start looking

    Oooh, that bad? Then again, maybe some income in turing it into a brothel
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    Mt Lawley unit - going to start looking

    Who has over a million to buy a house these days? Not me. So now I am even more confused, posting this link to unit in Perth, closer to the city, cheaper than Mt Lawley, super central with a huge courtyard. Why would this be cheaper than Mt Lawley...
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    Mt Lawley unit - going to start looking

    True, I've always stayed a little further out. We were wanting to buy our family hoe in Mt Lawley, couldn't afford it back in 2007 when things were crazy, couldn't even afford Inglewood, so we went to Maylands. The changes here in 6 years, wow - but still a cruddy local Coles and problem with...
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    Mt Lawley unit - going to start looking

    Beanie Girl, I have never been into units or townhouses, but want to start small with the first IP. I hear you re land appreciating not houses, but keep in mind units etc are also built on land, and they do appreciate in value. Very mindful of the strata fees; have factored in all that...
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    Mt Lawley unit - going to start looking

    Love the art deco houses and units, our PPoR has deco lead lights pulled out of a 1920s house - best part of the house. Was salivating over a deco unit at Bondi Junction. Those links are good, good prices, the third one looks a bit weird. i would prefer something that is in good condition...
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    Mt Lawley unit - going to start looking

    Thanks Mush, this is a longterm goal of hold, maybe a small reno, depends on what is available. Westminster, am also checking out Highgate.
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    Mt Lawley unit - going to start looking

    It does, and yes there is new shopping centre going in there, but Mt lawley already has this and the prices are around the same. I certainly won't count the area out, but I need to focus on one area at a time otherwise my brain fries! Would love a house on a subdividable block in Bassendean -...
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    Mt Lawley unit - going to start looking

    I doubt it would get the rents in Bassendean, it's pretty far out and for same price I can get a 2 bed unit/villa in Maylands, Inglewood, Mt Lawley.
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    Mt Lawley unit - going to start looking

    Believe me I woud buy tomorrow, it's ridiculous paying down this mortgage and not investing our disposable income in property, or anything really. I have a very conservative husband. he doesn't want to owe the bank, he doesn't get it. Fortunately I can pull rank on him and he'll do what I say...
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    Mt Lawley unit - going to start looking

    and if I went a bit back towards Maylands, a little over $300K, this one is a corker, but under contract http://www.realestate.com.au/property-apartment-wa-maylands-114194891
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    Mt Lawley unit - going to start looking

    We're both 47, expenses per month are child support (3 more years then $1400 month will be freed up), mortgage is $2100 month, living expenses another $2K month - outgoings are around $5000-$6000 month all up, leaving $5000-$6000 month free, which we're paying down on the current mortgage, ie...
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    Mt Lawley unit - going to start looking

    Rents are around $400 wk; self managing, well that one's open to debate - I am pretty bored sitting home with the kids and they're in day care 2 days week - this will depend on whether my business (I work from home) increases in 2014 which I expect it will. We also have around $4000k disposable...
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    Mt Lawley unit - going to start looking

    After changing my mind about where to buy a gazillion times in the past few days, I think the best thing for our family for a first IP will be Mt Lawley. Reasons are: (and feel free to chip in your thoughts). 2k from city can buy under 400K Cafe strip on Beaufort Street is a bit famous Close...
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