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Viewing 7 posts - 21 through 27 (of 27 total)
  • Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    HI,

    I’m also looking the same so let me know too.

    AS

    Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Hay Kumar

    How much the Insurance and tell me the details please.

    MI

    Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Hi all,

    This Property is 650sqm and in a good suburb with the Median of 850K
    So future i can knocked down and build the new house.

    In this case i thought getting 7% is bones compared to buying in this location?

    So Bank will treat this as commercial?

    MI

    Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Thanks for all the inputs.

    Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Hi JMSRACHEL,

    Look like you got plenty of money and no need to worry. For me this hard money cannot spend without looking for the ROI.

    Exactly What do you think? Obviously wait for price dropped isn’t? LOL

    MI

    Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Hi Jamie,

    I just listed in Gumtree and Locanto so many people are replying but i thought of safe to go with the current agent?
    reduce the rent and will see.

    I’m planning to put 3 houses in this land so wait till the property price goes up or start subdividing process? or go without sub division? (duel Occupancy style)

    MI

    Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Hi All,

    New to this forum and looking for BA to give me the advice for this private sale (not specifying the suburb)base on RP DATA?

    Location: 16 KM CBD ( South East)
    Weekly Rent 390
    Land: 651 SQM

    RP Data Report
    Low $575,000
    Midpoint $662,500
    High $750,000

    Date Price Property Type Type of Sale Sale Result
    29-Mar-2014 $660,000 House Auction Vendor Bid HS
    12-Nov-2004 $325,000 House Private Treaty Sold
    12-May-1993 $112,000 House Private Treaty Sold

    Final Sale Price History

    Advertised Asking Price

    8-May-2014 $669,000
    2-May-2014 $669,000
    22-Apr-2014 $679,000
    30-Mar-2014 $699,000
    29-Mar-2014 Not Applicable
    4-Mar-2014 $630,000
    13-Nov-2004 Not Applicable

    Suburb Growth: House / unit
    5-year growth 34.06 % 44.74 %
    Average Annual Growth 7.13 % 6.50 %

    How much to offer?

Viewing 7 posts - 21 through 27 (of 27 total)