A friend of mine worked for a demolition company in Wollongong and a couple of years ago he quoted me $6K for the demolition of a standard house. So it sounds like around $8K for a basic house demolition is reasonable. Sourcing people by putting an ad in the paper to get you house demolished and removed can be a very risky and drawn out process.…[Read more]

A couple of years ago I got a 100%+ loan for an investment property from St George at a fixed IO rate of 6.29%. This was using equity in an existing property. I think this is the cheapest way to do it. If you don’t want to use existing equity then it will be quite expensive and difficult to get a 100%+ lend. I don’t understand why you would…[Read more]