Good pick Luce
Was that an IP Michael? Big first step!!!
What: 3 bed fibro
Where: Forbes NSW
When: 2 yrs ago
How much: $97.5k (renting at 180pw
)(first place worth mentioning anyway - darn ex's )
Tell us about your first IP/PPOR
- Thread starter luce.rocks
- Start date
Good pick Luce
Was that an IP Michael? Big first step!!!
What: 3 bed fibro
Where: Forbes NSW
When: 2 yrs ago
How much: $97.5k (renting at 180pw
)(first place worth mentioning anyway - darn ex's )
First IP: 1992 - $145K
3 bedroom highset brick veneer in Jamboree Heights (south-west Brisbane suburb), also had 3 extra rooms "built-in" underneath at the expense of 1 car space
First PPOR: Same as above (when I moved into it 3 years later)
Sold it in late 2000 (or early 2001?) for $135K !
(much banging of head on desk...don't ask about 2nd IP that was also sold for a loss in 2001, just before Brisbane started to boom)
Ahhh, got that off my chest, doing better now
3 bedroom highset brick veneer in Jamboree Heights (south-west Brisbane suburb), also had 3 extra rooms "built-in" underneath at the expense of 1 car space
First PPOR: Same as above (when I moved into it 3 years later)
Sold it in late 2000 (or early 2001?) for $135K !
(much banging of head on desk...don't ask about 2nd IP that was also sold for a loss in 2001, just before Brisbane started to boom
)Ahhh, got that off my chest, doing better now
First house: PPoR (purchased land + built house)
What: 42squares of 4 Bedrooms, study, formal living+dining, informal living+dining, rumpus, 2 baths+ensuite, double garage, kitchen brick venner house
Where: Truganina, VIC
When: Land - 2001 (Nov), House - 2003 (Jan)
How much: 290k (Land + Stamp Duty + House + landscaping/blinds/fence/driveway - 14k FHOG)
Sold for 420k in 2005
What: 42squares of 4 Bedrooms, study, formal living+dining, informal living+dining, rumpus, 2 baths+ensuite, double garage, kitchen brick venner house
Where: Truganina, VIC
When: Land - 2001 (Nov), House - 2003 (Jan)
How much: 290k (Land + Stamp Duty + House + landscaping/blinds/fence/driveway - 14k FHOG)
Sold for 420k in 2005
I spent a good 10 years procrastinating before buying my first place because I was absoulutely TERRIFIED of spending that much money on ANYTHING. I eventually got married and felt like we couldn't just keep renting forever. So our first PPOR was:
4 br, renovated federation house
Willoughby (Sydney)
$1,450K
Bought in Oct 2009
Have no idea what it is worth (probably similar to what we bought it for), but like it because it has lots of windows and it's sunny inside.
4 br, renovated federation house
Willoughby (Sydney)
$1,450K
Bought in Oct 2009
Have no idea what it is worth (probably similar to what we bought it for), but like it because it has lots of windows and it's sunny inside.
My first property was IP,
Purchase Year: Land- 2007 Building- (completed) 2008
Type: 3 bedroom 2 living 2 bathroom single garage 300sqm land
Cost: $210,000
Owe: $170,000
Rent: $300 p/w
Location: Smithfield SA
My first PPOR
Purchase Year: Land- Dec 2009 Building: completed next month yippe!
Type: 4 Bedroom, 2 Living, 2 Bathroom double garage 375sqm land
Cost: $342,000
Owe: $342,000
Location: Blakeview (Blakes Crossing) SA
Purchase Year: Land- 2007 Building- (completed) 2008
Type: 3 bedroom 2 living 2 bathroom single garage 300sqm land
Cost: $210,000
Owe: $170,000
Rent: $300 p/w
Location: Smithfield SA
My first PPOR
Purchase Year: Land- Dec 2009 Building: completed next month yippe!
Type: 4 Bedroom, 2 Living, 2 Bathroom double garage 375sqm land
Cost: $342,000
Owe: $342,000
Location: Blakeview (Blakes Crossing) SA
Mmm what was the size of the lot and what was the location? What type of house did you build e.g. single brick and how many bedrooms etc etc?
Mmm
Mmm what was the size of the lot and what was the location? What type of house did you build e.g. single brick and how many bedrooms etc etc?
Mmm what was the size of the lot and what was the location? What type of house did you build e.g. single brick and how many bedrooms etc etc?
First property purchased was an IP.
1991 - bought land and built a 3 bedroom, 1 bathroom, double garage, brick house on 750m2 block of land, 500m from beach - Lennox Head, NSW - $140 000 (total cost). Value now would be $500 000+ with $490pw rent.
1991 - bought land and built a 3 bedroom, 1 bathroom, double garage, brick house on 750m2 block of land, 500m from beach - Lennox Head, NSW - $140 000 (total cost). Value now would be $500 000+ with $490pw rent.
First I.P
First i.P
We bought a small 2brm Unit in Highgate Hill Brisbane Just behind the Expo Site in 1989. Paid $42k for it. We we're very young and naive in the ways of property at the time and looking back it paid for itself hands down but we didn't understand the way property worked and took the wrong advice from people who didn't understand the property market and sold it 6 months later for $64k. We thought we we're hero's at the time! Wish we still had it now though and it.
Bullfrog
First i.P
We bought a small 2brm Unit in Highgate Hill Brisbane Just behind the Expo Site in 1989. Paid $42k for it. We we're very young and naive in the ways of property at the time and looking back it paid for itself hands down but we didn't understand the way property worked and took the wrong advice from people who didn't understand the property market and sold it 6 months later for $64k. We thought we we're hero's at the time! Wish we still had it now though and it.
Bullfrog
First PPOR
Doncaster East 1994 $120K(asking $140K)
3Bed 1 Bath BV early 60's build on 600Sqm - Dump but structurally sound - cheapest house for sale at the time in Donc East. Sold in 2001 for $240K
First IP
Vermont 1998
3Bed 1 Bath WB on 860sqm (asking $139K)
$117.5K > $130K by the time it was tenanted for $200PW.
Sold in 2001 for $230K to minimse mortgage on new PPOR being built.
Doncaster East 1994 $120K(asking $140K)
3Bed 1 Bath BV early 60's build on 600Sqm - Dump but structurally sound - cheapest house for sale at the time in Donc East. Sold in 2001 for $240K
First IP
Vermont 1998
3Bed 1 Bath WB on 860sqm (asking $139K)
$117.5K > $130K by the time it was tenanted for $200PW.
Sold in 2001 for $230K to minimse mortgage on new PPOR being built.
My first was a new PPOR- $55,000 in Oakhurst (near Plumpton). It was the only thing I could afford. My friends thought I was crazy (when I explained where it was).
1986
Sold my car to get the deposit.
Sold it 7 years later for $122,000.
Moved to the Hills. Was scared of the MASSIVE loans. Only 7 years earlier I borrowed $50K now I was looking at borrowing over $100K.
Bought a house for $217K with 40% deposit.
It doubled in 7 years.
1986
Sold my car to get the deposit.
Sold it 7 years later for $122,000.
Moved to the Hills. Was scared of the MASSIVE loans. Only 7 years earlier I borrowed $50K now I was looking at borrowing over $100K.
Bought a house for $217K with 40% deposit.
It doubled in 7 years.
