Search results

Well looks like that brick house sold for $558K at auction. Makes my buy feel much better :)

Well, there has been a bid for that property for 530k and the vendor won't accept yet. As an aside, how much more would one pay for double brick compared to cladding? (exterior only)

Don't you just hate it when you buy something and then see something else better? :) This is pretty much a similar property, except it is brick http://www.thehomepage.com.au/property/residential/45--proctor-pde-sefton Would love to see how much it goes for at auction Smaller land though, but...

1 day till cooling off period ends! Just got the 9.75% deposit cheque in the mail :) Unfortunately loan has only been approved for $355500 @ 6.9% variable, P+I. After 9 months we will most likely do an equity release or LOC. Cannot wait

The original analysis for purchasing the property was done as follows: - looked at the prices of weatherboard houses within the area, and worked out the median price per m2 was about $800-900/m2. This works out to be about $720-750/m2, which makes it comparatively cheaper. Bear in mind though...

Anyone ever bought a property and have second thoughts after? The cooling off period of my property ends on Friday after which I need to pay a 9.75 percent deposit. For what it's worth, the property is in sefton, Link here http://www.raineandhorne.com.au/properties/180274 Not sure if it's...

Latest update. I now have approval from the bank for a 400K loan (thanks Michael!) Yesterday, me and the vendor had agreed on verbally to a price for a property. Today I organised the building and pest inspection and visited my solicitor. Only minor issues with this house: - Need 2...

Suburbs currently looking at: Birrong Yagoona Sefton Chester Hill

Of course. Im doing this now :) At first I was a little hesitant but I found that the agents are more than happy to answer my questions

All understood. I have been searching For properties that need a little Reno work that I can do in the 6 months. I am able to search for comparable sales and rent histories via pricefinder. With regards to a 6 percent yield, I find that it is hard to achieve in the Sydney area, unless there is...

Holding deposit has not been paid (yet)

I do agree that there is a huge risk there that I am taking. Still on the hunt for a lower cost property which will allow me to keep a much larger portion in an offset account. I have found that it is quite a fun process going through all these properties. Eventually if I do decide to pack it...

Actually, I would need to double check that for NSW too, as I have never bought anything before! Also, any ideas as to how to check when a property was built?

I would just like to share my experiences as a first time home buyer. In these past few weeks I have learnt a great deal ranging from account structures to battleaxe properties, granny flats, and floods. I have a full time job and a salary on 70K, first home buyer. Initially, I had no idea...