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Yea even though I was a bit dissapointed with the new bank Val, I'm happy with the rent increase of $65 a week

Are you saying that's good or bad? Pretty reasonable for bondi junction area

I bought it with the intension to always turn it into an IP. However I wanted to make use of the first homers owners grant which was stamp duty exempt and 7k at the time, I believed that is now completely scrapped in Nsw now. To be eligible for that I had to live in it for a minimum of 6...

thanks westminster, yea I didnt do much to the bathroom, I figured I could get a few more years out of it, and I dont know too much about plumbing or tiling. and yeah already claiming depreciation. Got a report done from Depreciatior from here on the forum which more than paid itself off...

Hey everyone, For those of you interested, below is a link to some before & after pics of my first IP which I bought in April 2011. Some facts about it: *Bondi Junction location. *1 Bed 1 bath 1 Car space. *Purchase price :399k *Was tennanted for 7 months at $395pw when purchased...