thank you. I noticed these problems while visiting the area. Petrol tanks will not go anywhere else in the forseeable future…that's a problem…Footscray, I head, is not a safe place.. the unemployment rate is very high…

Thank you both. i've made an appointment with a broker at the bank. I'll see what she'll say. the person I spoke to on the phone was actually from the home loan department. I don't know why she said the line of credit was the credit card. I later found out on their website that they have another loan product that has LOC. but that product charges…[Read more]

forgot to ask another one.the lady at st george mentioned "capitalised". she said if the replayment is capitalised, then I can't redraw. what does this mean?if i'm going to make a one-off repayment, do I have to instruct them not to capitalise it if i want to redraw at a later date???If the bank has this redraw facility at the low cost of 10-20…[Read more]

anyway..i agree you get more info from brokers than from banks.

hahha.. you're listening to two brokers.

too complicated….

thank you QLDs007!I have a similar question.i bought a property for 415k, now i owe 358K. I currently re-pay 2000 dollar per fortnight. this property is PPOR.I'm not 100% happy with this property as my long term PPOR, because it's far from where I work. it's 20K from Melbourne city.So in a few years time, I will either sell it or use it as an i…[Read more]

i believe 8 mins to 10 mins normal paced walking is ideal. 15 mins can be called "walking distance to the train station!"within 5 mins will be too noisy, especially during the night. (of course, that your road is parallel to the railway is a different story)damage to the structure is minimal, as properties are usually not allowed to be built r…[Read more]

no advertising here??

i'm in melbourne and I paid the same amount, too. I guess it's normal.

I dream of having a car for myself. But you know, I don't have a car.My husband has a car. He bought it off from his dad. we pay 200 dollars per fortnight for four years to his dad.Of course my husband is the sole driver.  I never get a chance to drive it. I dream of having an economical Japanese car with all the safety features, so i can tr…[Read more]

Agree with the person upstairs. The size of the loan is too large.consider a loan four times your yearly gross income.get someone (your parents?) to be your guarantor. Tell the bank that you're going to rent the rooms out.They can split the loan into a residential component and investment component.