PropertyInvesting.com | Bangers | Activity https://www.propertyinvesting.com/members/bangers01/activity/ Activity feed for Bangers. Wed, 15 Apr 2026 06:13:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9f2aaa7fea444a98be8d0296452d5cb4 Bangers replied to the topic Starting all over again after a marriage separation in the forum Help Needed! https://www.propertyinvesting.com/topic/5012854-starting-all-over-again-after-a-marriage-separation/#post-5012905 Sun, 06 Sep 2015 09:57:16 +0000 Please don’t buy a Brisbane inner city unit, but perhaps consider other areas in Brisbane (you can still buy a house for that). Properties are being snapped up quickly though with a view that Brisbane is the next growth area. Units are becoming over-supplied. The yields are generally better in Brisbane than Sydney/Melbourne, but it is still hard…[Read more]

]]> 85fd00c957cae71e97aec8e183fd20c7 Bangers replied to the topic Starting all over again after a marriage separation in the forum Help Needed! https://www.propertyinvesting.com/topic/5012854-starting-all-over-again-after-a-marriage-separation/#post-5012905 Sun, 06 Sep 2015 09:57:16 +0000 Please don’t buy a Brisbane inner city unit, but perhaps consider other areas in Brisbane (you can still buy a house for that). Properties are being snapped up quickly though with a view that Brisbane is the next growth area. Units are becoming over-supplied. The yields are generally better in Brisbane than Sydney/Melbourne, but it is still hard…[Read more]

]]> 40a2b097c444e121f639ff7f1cdd2115 Bangers replied to the topic Starting all over again after a marriage separation in the forum Help Needed! https://www.propertyinvesting.com/topic/5012854-starting-all-over-again-after-a-marriage-separation/#post-5012905 Sun, 06 Sep 2015 09:57:16 +0000 Please don’t buy a Brisbane inner city unit, but perhaps consider other areas in Brisbane (you can still buy a house for that). Properties are being snapped up quickly though with a view that Brisbane is the next growth area. Units are becoming over-supplied. The yields are generally better in Brisbane than Sydney/Melbourne, but it is still hard…[Read more]

]]> 857f31846b07a0f13b614d763cf0cee1 Bangers replied to the topic Invest in Brisbane properties ...need help with local QLDerrrrr in the forum Help Needed! https://www.propertyinvesting.com/topic/5005653-invest-in-brisbane-properties-need-help-with-local-qlderrrrr/#post-5006615 Mon, 27 Apr 2015 02:32:09 +0000 I’m doing my best to change this. One house at a time. ;)

]]> 80512d277960cd8716af21cff238a10e Bangers replied to the topic Invest in Brisbane properties ...need help with local QLDerrrrr in the forum Help Needed! https://www.propertyinvesting.com/topic/5005653-invest-in-brisbane-properties-need-help-with-local-qlderrrrr/#post-5006483 Wed, 22 Apr 2015 21:38:57 +0000 As to the clock – volume falling, high demand, some increases in price… 7-8 o’clock for houses, at least. Units are about to have an influx of supply.

]]> 65f78c45058f5aee2488e07424a4a085 Bangers replied to the topic Invest in Brisbane properties ...need help with local QLDerrrrr in the forum Help Needed! https://www.propertyinvesting.com/topic/5005653-invest-in-brisbane-properties-need-help-with-local-qlderrrrr/#post-5006482 Wed, 22 Apr 2015 21:36:06 +0000 MI,

Mount Gravatt East has done well in the last two years. I live here (until tomorrow), and think its a great spot. 9km to the CBD, easy access to two huge shopping complexes (Garden City, Upper Mt Gravatt and Carindale), easy access to the Gateway to the Airport and Sunshine Coast, as well as access to the South East Freeway to the Gold…[Read more]

]]> 3eda84f2e7c73526934335915e5fa26a Bangers replied to the topic Two properties but what to do? Brisbane/Cairns in the forum Help Needed! https://www.propertyinvesting.com/topic/4997789-two-properties-but-what-to-do-brisbanecairns/#post-5005743 Wed, 08 Apr 2015 08:36:29 +0000 Thanks Kinnon,

I saw your post elsewhere, sorry I didn’t catch it in time to save you writing it twice.

Bran (of several names)

]]> e4d5071a33bd0ea1c83b0a517894fed6 Bangers replied to the topic Invest in Brisbane properties ...need help with local QLDerrrrr in the forum Help Needed! https://www.propertyinvesting.com/topic/5005653-invest-in-brisbane-properties-need-help-with-local-qlderrrrr/#post-5005662 Mon, 06 Apr 2015 07:54:46 +0000 Nundah, Wynnum and Woodridge?

You almost couldn’t get a more different trio if you tried.

A good place to start is trawling the forums, search Brisbane and read every post.

]]> 167f476a5ba539363ed57807929995e8 Bangers replied to the topic Two properties but what to do? Brisbane/Cairns in the forum Help Needed! https://www.propertyinvesting.com/topic/4997789-two-properties-but-what-to-do-brisbanecairns/#post-5005633 Sun, 05 Apr 2015 20:38:55 +0000 Hi Kinnon,

Did the Aquis people have much to say?

]]> 56c76022e9db1a457c4b14f605e3a48c Bangers replied to the topic Two properties but what to do? Brisbane/Cairns in the forum Help Needed! https://www.propertyinvesting.com/topic/4997789-two-properties-but-what-to-do-brisbanecairns/#post-5004705 Mon, 30 Mar 2015 09:51:09 +0000 Yes, insured but have not lodged a claim. Then I will be ditching my $5000/year policy (is this normal!!!?) for something less ridiculous. The claim will help, but it was overdue anyway.

And the extra bedroom might be put to that use, or maybe I will be forced to live in it.

Keep us posted. I will have to visit the area soon, it’s been a long time

]]> 75a2e3c2b53a91906944679c47994a6d Bangers replied to the topic Two properties but what to do? Brisbane/Cairns in the forum Help Needed! https://www.propertyinvesting.com/topic/4997789-two-properties-but-what-to-do-brisbanecairns/#post-5004521 Mon, 30 Mar 2015 00:32:27 +0000 Kinnon, it’s been three months, what’s happening in Cairns? Can I quit my day job yet?

(Personal Update:

Last tenants trashed our Cairns house, few repairs and cosmetic refurbs. Agent valued it 35k higher than purchase price, bank valued it 45k under :(

The Mount Gravatt house has moved enough (25% since 2009) to draw down the equity and pay…[Read more]

]]> 649fe359577b98d1e2f6830919be80eb Bangers replied to the topic Breaking into the Market Vs Bad Debt now that we are back on track? in the forum Help Needed! https://www.propertyinvesting.com/topic/4999672-breaking-into-the-market-vs-bad-debt-now-that-we-are-back-on-track/#post-4999750 Fri, 30 Jan 2015 10:14:14 +0000 I’m far from an expert, but if it were me (and as I said, it pretty much is), I’d keep saving as you are with a view to paying out the debt. Then put the equivalent of your credit card payment plus your savings amount into your growing deposit, then buy once your deposit is enough, ie snowball your credit card payments into your savings.

I’d…[Read more]

]]> b06ba7ec6e1801a2711083e9d51e8ddd Bangers replied to the topic Breaking into the Market Vs Bad Debt now that we are back on track? in the forum Help Needed! https://www.propertyinvesting.com/topic/4999672-breaking-into-the-market-vs-bad-debt-now-that-we-are-back-on-track/#post-4999729 Thu, 29 Jan 2015 12:05:29 +0000 Djcrossy,

Your position is somewhat akin to mine, whereas I had no injury, I racked up an enormous debt in the last year self-funding some overseas training. Given this is now at a cost of 10% interest p.a, I figure that paying this down is a guaranteed 10% p.a. saving. My experience with 2 properties is such that I’ve never achieved this return…[Read more]

]]> 008eb0ee5ae3e1a2b20590997799b2be Bangers replied to the topic Saving money with your credit card... in the forum Finance https://www.propertyinvesting.com/topic/4999559-saving-money-with-your-credit-card/#post-4999605 Mon, 26 Jan 2015 18:21:09 +0000 Ha ha ha. Exactly. I remember having the same idea as a youngster. I figured I could get a free cash injection by using one credit card to pay the other for eternity.

]]> f64b91e1643f00ec443f641422b9a6ca Bangers replied to the topic Saving money with your credit card... in the forum Finance https://www.propertyinvesting.com/topic/4999559-saving-money-with-your-credit-card/#post-4999571 Sun, 25 Jan 2015 14:00:00 +0000 And what Pete is saying, is that this 20% applies from day 1 – there is no 55 day interest free on a cash advance (to my knowledge)

]]> 0ae6c9a1b9992b143a94f857bc86bc53 Bangers replied to the topic Businesss renting shed off ourself in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4999538-businesss-renting-shed-off-ourself/#post-4999540 Fri, 23 Jan 2015 21:42:16 +0000 Can your business buy the house and rent it to you?

]]> 28151f67c3dc6803fed6a92dd9002cf2 Bangers replied to the topic Cairns - Edge Hill Property Zoning aka What's possible on a 905m2 block? in the forum Help Needed! https://www.propertyinvesting.com/topic/4999346-cairns-edge-hill-property-zoning-aka-whats-possible-on-a-905m2-block/#post-4999445 Tue, 20 Jan 2015 07:07:58 +0000 Can someone help me decipher the wording here? Am I correct in interpreting that that a 2.4m ‘driveway’ is required, which then must service at least 10m of the (rear) block? Does anyone know how close this driveway might run to the existing garage wall and/or neighbouring fence?

“Battle-axe low density allotments shall be permitted providing…[Read more]

]]> 8aa8790d8e612e5a627cb1e2b54435ef Bangers started the topic Help! Garage conversion? Granny flat? in the forum Value Adding https://www.propertyinvesting.com/topic/4999422-help-garage-conversion-granny-flat/ Mon, 19 Jan 2015 22:07:34 +0000 Hi,

I’ve been racking my novice mind in how best to value add to a property that I have in Edge Hill, Cairns. It’s essentially a modest brick 3/1/3 (SLUG and huge double carport, plus a big double shed out the back without vehicular access (not sure if I can get this).

My question pertains to converting the SLUG. It is currently under the same…[Read more]

]]> 51e8d38c3550f9b38d25a9127ea71bbd Bangers started the topic Cairns - Edge Hill Property Zoning aka What's possible on a 905m2 block? in the forum Help Needed! https://www.propertyinvesting.com/topic/4999346-cairns-edge-hill-property-zoning-aka-whats-possible-on-a-905m2-block/ Fri, 16 Jan 2015 08:04:28 +0000 Hi all,

I’m contemplating offloading a Cairns property this year, and as the title infers its a 905m2 block in Edge Hill (with a 3/1 on it.)

I cannot find the zoning information as to what developments might be possible for the buyer, can anyone help? It’s in the low lying part of Edge Hill toward Whitfield.

Thanks

BM

]]> aa1ca65c8a0cba0dff43b7e76504e668 Bangers replied to the topic Litigation proof in the forum Finance https://www.propertyinvesting.com/topic/4997999-litigation-proof/#post-4998041 Tue, 30 Dec 2014 21:39:13 +0000 Thanks guys – will do

]]> 7db9fa8ff9e7d94afad1d09be8175517 Bangers replied to the topic Redraw from an offset in the forum Finance https://www.propertyinvesting.com/topic/4997918-redraw-from-an-offset/#post-4997961 Fri, 26 Dec 2014 09:41:35 +0000 Oh dear.

Not only have I been withdrawing excess, but the house is variably PPOR and IP depending on where I’ve been posted. Definitely need a restructure of my accounts – when I move back in, my extra cash will only be offsetting my IP, thus minimising my tax deductible interest and max-ing my non-deductible.

]]> f3dd5b3f8fc98cc6504c546b005c1e0a Bangers replied to the topic Redraw from an offset in the forum Finance https://www.propertyinvesting.com/topic/4997918-redraw-from-an-offset/#post-4997948 Thu, 25 Dec 2014 15:36:32 +0000 I don’t mean to derail from the OP – but can someone indicate why the redraw is a bad idea? I’ve not infrequently redrawn any excess payments… THe redraws don’t cost me anything to process at least. What am I missing?

My offset account offsets an IP, not my PPOR – thus I was channelling extra cash into the PPOR mortgage but redrawing it when…[Read more]

]]> 7a6c72fcdbd62ace39918cdb3bdd2cbc Bangers replied to the topic Two properties but what to do? Brisbane/Cairns in the forum Help Needed! https://www.propertyinvesting.com/topic/4997789-two-properties-but-what-to-do-brisbanecairns/#post-4997818 Mon, 22 Dec 2014 07:12:42 +0000 Thankyou Kinnon for your thoughtful reply and the figures which offer a little hope.

There is no impetus to sell in a hurry, with a major cash flow injection starting in 2-3 months, it will be easily serviced – we can keep it forever. In terms of opportunity costs, both properties are sitting about 80%, and until I pay down the 80k I won’t want…[Read more]

]]> 45d48898d841ca53654f154956c53110 Bangers started the topic Two properties but what to do? Brisbane/Cairns in the forum Help Needed! https://www.propertyinvesting.com/topic/4997789-two-properties-but-what-to-do-brisbanecairns/ Sat, 20 Dec 2014 20:38:06 +0000 Hi all, I am new to the forum but unfortunately lost my original post! I found the forum exploring, and I’ve been very impressed with the wealth and breadth of experience you all provide. I’ve read what I can!

Unforunately, I am admittedly ignorant and pretty hopeless with money. I’ve made my purchases rashly and at the property peaks in the…[Read more]

]]> bd98b5de4a764279a42eec434ef2d7ed Bangers became a registered member https://www.propertyinvesting.com/activity/p/302700/ Sat, 20 Dec 2014 17:38:55 +0000