PropertyInvesting.com | Damien Y | Activity https://www.propertyinvesting.com/members/damien-y/activity/ Activity feed for Damien Y. Wed, 15 Apr 2026 03:30:41 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d07812228c7236cf33c0c63616894db3 Damien Y replied to the topic Property Development / Subdivision Company in Adelaide in the forum Value Adding https://www.propertyinvesting.com/topic/4400819-property-development-subdivision-company-in-adelaide/#post-4629552 Tue, 29 May 2012 08:17:04 +0000 Hey Matt,

If your going to buy, develop, demolish and attempt to sell each block this could be a bit risky unless there is a high demand in new land in your suburb. You don’t want to be holding two blocks that aren’t producing income while repayments keep coming in and worst case you are forced to sell and make no profit or even a loss.

You…[Read more]

]]> a906373897b82065cfdc35fc0bf21005 Damien Y replied to the topic Land Zoning in the forum General Property https://www.propertyinvesting.com/topic/4406488-land-zoning-2/#post-4668967 Tue, 29 May 2012 07:30:55 +0000 For initial measuring of properties dimensions without having to purchase title copies I find nearmap very useful. It gives you the option to measure line, path and area. Obviously you shouldn’t rely on it but I use it all the time to get a rough idea of dimensions. Nearmap is also one of the better services that is regularly updated imagery which…[Read more]

]]> 6c1d6535e5e6c568d1624bba13dc4b42 Damien Y replied to the topic Land Zoning in the forum General Property https://www.propertyinvesting.com/topic/4406488-land-zoning-2/#post-4668962 Sun, 27 May 2012 12:57:36 +0000 For QLD:

I find information Queensland interactive mapping an excellent way of searching a property to identify its exact land size and which local government it resides in.

http://gis.qld.gov.au/iqed/map/

As Andrew has mentioned a number of larger councils within Queensland use the PDonline system i.e Brisbane, Gold Coast, Ipswich, so on.

As…[Read more]

]]> 3037a1284daa42b94132a6dff71d44e9 Damien Y replied to the topic First Post... is property a good investment? in the forum Value Adding https://www.propertyinvesting.com/topic/4405866-first-post-is-property-a-good-investment/#post-4663762 Sun, 18 Mar 2012 10:41:41 +0000 Agreed.

You seem to have a clear strategy of your own and appears to be working well for you.

So I wish you all the best and hope that you can achieve your retirement goal ASAP

]]> 400af7a92db1022198f849a79f992c51 Damien Y replied to the topic Investment better buy Unit , Townhouse or House in the forum Help Needed! https://www.propertyinvesting.com/topic/4406104-investment-better-buy-unit-townhouse-or-house/#post-4665626 Sun, 18 Mar 2012 09:40:43 +0000 As others have mentioned all have their pros and cons and it is impossible to claim that one trumps all.

I agree that their is a general misconception that property with the highest land component will always be the better investment. This is not necessarily true. It all depends on the market and what the demand is for this properties. Remember…[Read more]

]]> 0124a8fecb2852ee54bfe053f6418713 Damien Y replied to the topic First Post... is property a good investment? in the forum Value Adding https://www.propertyinvesting.com/topic/4405866-first-post-is-property-a-good-investment/#post-4663760 Sun, 18 Mar 2012 09:27:36 +0000 Catalyst wrote:
Im one that would disagree with you. If you buy the $600K property there's a big chance your portfolio will stop there (unless you have lots of disposable income). Just the outgoings alone will limit you. Talking average here (and of course there are places that vary). A friend has a $500K property that rents for $550 pw. 2 of my…[Read more]

]]> b68107af39fdbe75c7ad34ac008abf8b Damien Y replied to the topic First Post... is property a good investment? in the forum Value Adding https://www.propertyinvesting.com/topic/4405866-first-post-is-property-a-good-investment/#post-4663755 Sat, 17 Mar 2012 12:17:12 +0000 Hey Wilko,

Property investing is relatively easy to understand compared to other forms such as a investing in the stock market. Just read a couple of good books, magazines and property forums and within a few months you should have a fairly solid understanding on the basics. The other thing you may find is that you really enjoy property investing…[Read more]

]]> 58d2e3680dd981c15c966ded39f4a156 Damien Y replied to the topic BASICS FOR THE BEGINNER PROPERTY INVESTOR in the forum General Property https://www.propertyinvesting.com/topic/4403391-basics-for-the-beginner-property-investor/#post-4646179 Sat, 17 Mar 2012 11:58:47 +0000 Hey ALF1, great post extremely useful,

I too agree with investing within a 15 km radius of a city/ major town.

One thing I would add is both new and old properties have their own benefits. For examples As you mentioned new properties have depreciation however as others have mentioned you really need to be in a high tax bracket for this to be a…[Read more]

]]> 8d881b517576b75d6df3fc9633863fe0 Damien Y replied to the topic how to invest? capital gain or high rent return in the forum Help Needed! https://www.propertyinvesting.com/topic/4406102-how-to-invest-capital-gain-or-high-rent-return/#post-4665604 Sat, 17 Mar 2012 11:42:46 +0000 Well I am new to the forum but here are my thoughts,

CG is where you make the real money in property investing not positive cash flow properties – rental yield can be important as it can help serviceability as well as being able to manage the loan repayments. But as I said, in the past the majority people who have made hundreds of thousands and…[Read more]

]]> c34ca6f40fae95d5205daa9dcdad9c5a Damien Y replied to the topic First Time Buying- Brisbane Region in the forum General Property https://www.propertyinvesting.com/topic/4405929-first-time-buying-brisbane-region/#post-4664193 Thu, 08 Mar 2012 13:51:32 +0000 Hey Samuel,

From one young aspiring property investor to another – I say good work on setting yourself an awesome goal of buying an investment property.

I am slightly older than you at 21 years of age and have just bought my first property, here are my thoughts on your situation.

1. No, you are definitely not in the ideal situation to buy an…[Read more]

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