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	<title>PropertyInvesting.com | Jalugera | Activity</title>
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				<title>Jalugera replied to the topic Renovation profit margin in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/5028137-renovation-profit-margin/page/2/#post-5028886</link>
				<pubDate>Tue, 16 Aug 2016 10:38:55 +0000</pubDate>

									<content:encoded><![CDATA[<p>I live in Melbourne but have bought, renovated and sold property in the affordable North Geelong area (postcode 3214).  </p>
<p>These posts seem to ignore the signifcant on-costs: transfer (stamp) duty, registration, legal, insurance, holding costs, etc.<br />
These on-costs preoccupy me as they are significant and add no value.</p>
<p>For example, in Victoria, on&hellip;<span class="activity-read-more" id="activity-read-more-347526"><a href="https://www.propertyinvesting.com/topic/5028137-renovation-profit-margin/page/2/#post-5028886" rel="nofollow">[Read more]</a></span></p>
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				<title>Jalugera replied to the topic Quick, cost effective Reno to manufacture equity in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/4408654-quick-cost-effective-reno-to-manufacture-equity/#post-4685922</link>
				<pubDate>Fri, 22 Mar 2013 14:10:46 +0000</pubDate>

									<content:encoded><![CDATA[<p>I began looking in Norlane around 2000 and decided an unrenovated 2 bedder&nbsp;on 600 sqM land (ie the lower quartile) at $60k was too expensive.</p>
<p>I revisited in 2007 and prices were then around $115k&nbsp;and bought a few, renovated around $10k and rented $120 pw. &nbsp;I should have bought in 2000!</p>
<p>I have since bought a few more and sold some in Norlane.&hellip;<span class="activity-read-more" id="activity-read-more-174146"><a href="https://www.propertyinvesting.com/topic/4408654-quick-cost-effective-reno-to-manufacture-equity/#post-4685922" rel="nofollow">[Read more]</a></span></p>
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