I have heard that rents up the valley have dropped off +20% in places like Kurri, Singleton, Muswellbrook.
There are a lot of other industries besides coal mining in the Hunter. There are also a lot of big developments happening outside of the mining industry.
– F3 freeway extension
– Newcastle airport upgrade
– Inner city university campus
Following from SNM comments you will need to fire and noise rate the floor space separating the two units and the load bearing walls. Could be costly to retrofit. May need to rip out all the wall sheeting/beef up beams and columns etc. So you'll need to engage structural engineer and builder at least.
Maybe you could get creative and have one…[Read more]
I read that Mark Rolton is one of the most respected real estate educators in Australia. He is very empowering and has the same real estate understanding as the successful property moguls, Donald Trump and Robert Kiyosaki. It will be interesting to come across this mentor.
Where did you read…[Read more]
we had the option of buying or rent and keep saving. We decided to buy for a couple of reasons. First we were sick of renting and wanted something we could play around with. Second we were able to grow equity quicker than saving by renovating. And third interest payments are slightly less than comparable rents. I find it alot more satisfying…[Read more]
dubstep you know what NT stands for? Not today not tomorrow not Tuesday not Thursday next time! So good luck with tradies! Why not go for a unit that would be a hell of alot easier to maintain in the long run
the stockings trick is only applicable to the cheap metal fans that are more or less made from sheet metal. Something to do with the blades spinning so fast and the humidity maker the paint start to flake off. If you have timber fans it shouldnt be a problem. A real estate agent up there told me he advises alot of tenants to do it so they dont get…[Read more]
Hi Waydo,If you are looking at project managing the renovations then a good start might be a book effective project management. There is a lot more involved than just managing tradies. You'll need to learn to negotiate contracts, prepare cost estimates, prepare budgets, prepare schedules etc. Then you need to manage budgets/time/your…[Read more]
I lived in Darwin for a while. Your place probably has all these but I found them a must up there.Ducted air con (if it's affordable, if not then separate air con to at least all bedrooms and living room)Ceiling fans in all bedrooms and living roomShadey outdoor living area (as mentioned above) – provide a ceiling fan out there too if…[Read more]
Should definitely add value. How much? Probably not as much as if you spent $10.5k on paint/carpet/fittings/move some walls/re-do the entrance/build a deck etc etc. I don't know much about solar panels but I assume there is probably more maintenance involved than with normal power?I would be spending that money on giving the house some real wow…[Read more]
We had some really old built ins that we ripped out and replaced with new. That included 3 mirrored doors and all cabinetry. From memory it was $1800 supplied+installed. We shopped around a fair bit and that was the best price we got. FYI we are in Newcastle.Maybe get a few more quotes
Why not an older style home in the hunter, something you can add value to. Sure theres plenty of miners on big bucks who want to live in brand new homes but there are still people who don't work in the mining industry who have to live somewhere too.
No I agree JP but alot would think this is a dodgey tactic and I also believe it is as the agent probably doesn't have the sellers best interests in mind. I think it comes back to your own DD when selling though and finding the right agent for you
grantos_champos replied to the topic Best way to renovate old pool coping and outdoor area – old terracotta tiles suffering grout loss, breakages and stains in the forum Value Adding 11 years, 5 months ago
A high pressure clean of the tiles and regrout could bring it right back to life. You could rip it up all up and float some timber over the area, pine is relatively cheap and a coat of dark stain looks nice (i prefer timber over tiles outside). Laying timber is probably an easier DIY job than tiling in terms of getting a nice finishDepending on…[Read more]
Terry,Last paragraph of the article"As Justice Peter Young quipped in the hearing: ''But once the court puts its own trustee in, the Obeid empire collapses.''"What does this mean? Does the court have the power to appoint a different trustee?
grantos_champos replied to the topic Sewerage pipes …help please. Want to build a granny flat in the forum Help Needed! 11 years, 6 months ago
You should have jumped onto Dial Before You Dig first and put in a request. This service is free and will highlight where the sewer (and any other services in and around your property) runs. This is a great quick tool for looking at what you can do with a site. Eg, on a development site you can quickly see if the sewer is on the other side of the…[Read more]
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