ps http://www.myrp.com.au is somewhere to start looking at suburb statistics

re: Jac .. what do you think about getting a townhouse in a suburb with good growth, close to city compared to outer suburb house with lots of land, both at relatively same price. One of the options I recently looked at was buying a renovated townhouse in a suburb close to city and beach .. nothing needs done, and after couple of years buy…[Read more]

Here is one place: http://www.myrp.com.au/

Hi there – I am neither a builder nor a developer – just a lowly investor. I might be interested in investing in Brunswick – keep me informed – climbingjac@yahoo.com.auCheersJacqui

I don't have an opinion one way or another about whether to keep it or sell it.  Remember some money is lost in the selling and rebuying process.  Here are some options to throw in the mix:If you keep it, you could get another IP with a big loan on it so that it makes a spectacular loss, and you can offset the Blue Mountains income against it.  If…[Read more]

Good point weath4life.  Bob – wealth4life makes a valid point – you could start small – ie get yourself a smallish and in nice condition property, use the First Home Owner Grant to help you buy it, live in it for a few years, then convert it to an investment property and buy something bigger for yourselves…

Wow – let me get this straight.  You are 21, and intend to acquire 4 properties in 4 years.  I am presuming each property will require you to put your hand in your pocket to some degree… I am intrigued.  I am wondering what kind of well-paid role you are already doing at 21 to provide you with such a slushy fund   Impressive matie!  I think I mu…[Read more]

Why don't you call the FHOG people and ask?  You probably won't have to give your name if asking general what if questions.  Then  you can report back to us and share the knowledge!

Hi BobSo many options!It is not out of the question for you to continue renting, and to purchase an investment property that a tenant can pay off.  One big benefit is that you can negative gear the "loss" of your little property business venture against your day job tax.  So in theory, you might get some of the loss refunded from tax you pay.  Th…[Read more]

Just out of interest, why are you dead set on selling in 4 years time?  The golden rule of property tends to be "never sell" because so much money is lost in paying estate agent fees during the sale, and re-paying for stamp duty on any subsequent property purchases.

Another nice combination is:Wall – lariat or hacienda colour (sort of a tan colour)Gutters & Fascia – Pale Eucalypt (a light "bush green" colour)garage – classic cream

My 10c worth: you're probably stuck with painting the main building a beige colour,and then painting the guttering another colour.  The Colorbond website has a facility where you can look at a pic of a house with a certain colour roof, and recolour the other parts of the house to see how it would look.  The default colour combination they have i…[Read more]

My understanding is you could, if you have sufficient control over the superfund in question.  However I believe you can only get finance for 50% of the property.  A complex topic, do lots of homework on it.

Hi thereYou might consider including Hoppers Crossing in your considerations.  It is a neigbouring suburb of Werribee which is popular due to its proximity to the Werribee Plaza Shopping Centre.  Capital Growth has been really good there – particularly on the newbuilds… and the rental return is amongst the higher rental returns in Vic.  There is…[Read more]