Have a look at rockingham. Also seaside, also benefit from new train line.

There are plenty of free spreadsheets around which will help you calculate the net yield (just search the forum for spreadsheet), alternately you can use software such as PIA for a full detailed analysis, although this will cost you a few hundred dollars.

Hi Sea Ox.Recommend you research the below website:http://www.osr.qld.gov.au/client-group/first-home-buyer/index.shtmlAs stated on the website, the conditions of the first home owners grant are:You will:move into the home within one year of buying it live in the home for 6 months continuously as your principal place of residence. My understanding…[Read more]

Anyone who’s read any of Margaret Lomas’ books will know she is a huge advocate of buying a property site unseen. She believes it stops you from making an investment based on emotions rather than research.

Not sure if i could do it myself, but then how do you buy in different states? Go on ip junkets around the country?

Anyone else with good/bad…[Read more]

Since posting my question last night, Kevin Rudd has today announced the first home owners grant will end on June 30!  Whilst the article actually sounds like the whole FHOG will be canned, I assume this is incorrect and the government will return it to the pre October 07 figure (i.e. $7k).Refer to:  http://www.news.com.au/business/money/story/0,28…[Read more]

Hi GOM,What do you mean by "stabilise the current property price"?Would it not be fair to say the property prices have stabalised in the past 12 months… especially in the higher end of the market?Cheers.

Hi opoberez

Sorry don’t know anything about government assisted rentals, however maybe the property is negatively geared, and once you take into consideration the tax deductions (i.e. Depreciation, management fees, etc) it becomes cashflow positive?

Positive gearing and positive cashflow are different concepts.

Do the valuers purposely value the property below market value, or are they simply being cautious?Do you think it would help if you provided the valuer with recent sales history and also politely mentioned you are going to get an independent valuation to compare.  Would this entice the valuer to be more accurate, or simply aggravate him/her and…[Read more]

God Of Money,New to property investing and have a question.You asked if there was a 10% return.Is this what you set you minimum to, and if so, how do you find that outside of mining towns?

Thanks for the responses.Richard, what are your reasons for choosing the Line of Credit over the Equity Loan.  What are the differences?Cheers,JJ