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I was thinking along these lines. A two bed weatherboard transportable on piers to match the existing house. Plumbing dead easy. I could finish off myself. Does anyone know who does this sort of thing ?

If done right and finished well i would say around the $350,000 mark although some lesser properties have sold for the same lately so maybe more. I think the biggest gain would be found during the next upswing. i believe there would be better growth with a 4 bedder than a 2 bedder.

Thanks ozperp. As far as reno goes Timber floors done Trendy bath and kitchen Done Low maintenance garden Done Outdoor entertainment area Done but could be improved. Your thinking is in line with mine and im really not falling for that mistake of selling early. I just feel i...

Unfortunately it is detached but built to be moved from current position.Extension would be built where current garage is and joined by a breezway. This was the original idea but they where a couple with no kids and not in a rush to do so.

Well i wont go around in circles. You seem to focus on the bad points where i look for the good. Like i said i dont need justification on the area. My DD tells me it will perform fine long term as it has done and because i know the area well i can pick the good ones. ( exept for this one:o).Your...

This is an option because we will sell our current PPOR in the next few years no matter what. And we like the idea of CBD living. 5 minute walks to pubs.clubs cafes and resteraunts really appeals to me ATM. Plus i am able to extend the 2 bedder at my own pace using building skills i have almost...

Hey jason. I would have to have a look but the 10 growth was 10% pa although that has dropped a bit since the market here dropped off around 05.Average rent returns around 5% with the odd 7% plus thrown in. Historically Nowra has moved a year or so after Sydney but generally prices stay flat...

Your right in some areas and a little off in others. I have lived in Nowra for a total of 30 years. your right the big retailers are moving out of town but this is not an exodus.South Nowra is a industrial center that the majority of your bigger outfits are moving there. 6 or so years ago it...

Thanks all for the replies. Originally bought before i knew better and before i used this forum.Cashflow is not an issue. Would just like to know im bleeding cash for an end result.I have never been without a tennant and i havent had any major issues apart from a late payer.I dont really want...

Current PPOR is next to 1 of 6 potential corridors for a town bypass. Although this would be 10 15 20 years away. Once talk on the streets increases values may be affected.So my plan is to sell our current PPOR within 2 to 3 years. I understand that improving the IP with the above options...

Hi all. Well as some would know i have started the development of my last purchase and it should see excellent returns so very happy with that end. Now problem being my first IP purchase. While i purchased in 07 at a reduced price from 04 values. I believe it is worth less again and im not...