Currently there are some blocks selling in Throsby (Canberra’s Gungahlin region) that are 250 sqm. I have also had customers put a 4 bedroom home on a 315 sqm block. But then again they are paying around $1000 per sqm just for the land.
Hi, hopefully you managed to secure a home by now. Auctions are a mental game and you have to be prepared to walk away at your cut off point. I would advise going to a few before hand as an observer just to get used to the process, the pace and the tactics utilised by both the auctioneers and the bidders.
Canberra’s population is on course to reach 420 000 in the next 18 months or so, with an average annual growth rate of 3%. The best and most stable employment market in the country, the highest level of disposable income in the country. Lots of infrastructure investment from the local government. All the fundamentals point to a sustained positive…[Read more]
In reference to the original question from Helen the answer is – ‘it depends’.
You are essentially paying for someone’s time, expertise and local area knowledge to get you the best deal. If you are a seasoned buyer / investor who has outstanding knowledge of the local area and lots of time to do research you may be able to get a similar…[Read more]
Have you had a look at the ACT Land Titles Practice Manual 2017? It may contain some really good information, including the procedural guidance to the ACT Land Titles Office which administers the Land Titles issues in Canberra.
The link is here:…[Read more]
Tim Mardiyants, MBA, DipProperty (Agency Mngt) replied to the topic Rich Harvey and propertybuyer.com.au Are they good buyers agent in the forum Heads Up! 3 years, 6 months ago
I can’t comment on other businesses but please be aware that there are different kinds of buyers agents. Kind of similar to financial advisors. The key question is who is paying them? If they are paid by any other party other than their client if could potentially indicate a conflict of interest. A lot of agents sell properties on behalf of…[Read more]
Tim M replied to the topic Live in a great investment that was our first home. in the forum Help Needed! 3 years, 6 months ago
Hi Stuart, congratulations on picking the right investment and getting some great capital growth returns. My only concern would be your leverage and overall equity position with 2 properties to service. The other issue might be that your principal residence will be taking the brunt of your mortgage repayment without any tax deductible benefits.…[Read more]