G3 is righ; although I would first research the market and check with the council as to how many developements are approved and the vacancy rate. It would be a nightmare if your nice units just sit there idle.

It’s happenning already in my neck of the woods. The developer has sought council to remove the medium density overlay to allow for a…[Read more]

If you’ve done your recent comparable sales prices to your IP, then you take calculated risk on setting a reserve price. From there, make the agent work harder with tiered commission. For example; 2% to x amount and any excess on top of that at 4%.

Just a thought. Good luck [exhappy].

CT

If they’re cashed up, they have options to down size and live close to amenities, families and health services, or to take up seachange and live it up (maybe leave some for legacy). Not so sure about the impact on coastal regions.

Others not so lucky will moderate their lifestyle to suit their draw down on super and savings or use reverse…[Read more]