PropertyInvesting.com | microchip78 | Activity https://www.propertyinvesting.com/members/microchip78/activity/ Activity feed for microchip78. Tue, 14 Apr 2026 21:21:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 500971bb5d425b65fe3b01c85859a69e microchip78 replied to the topic Subdivide and Develop in the forum Value Adding https://www.propertyinvesting.com/topic/4410555-subdivide-and-develop/#post-4698560 Mon, 27 Jan 2014 02:14:49 +0000 Thanks Roxy,

I did think of that. But issue is price. I saw some listing with plans and permits approved will cost around 120K to 150K more than normal lot with just STCA.

Do you know any other place where can I found planning or permit approved property other then the realestate sites like Domain and Realestate.com.au ??

]]> 4dc3a4897aa6018e2813842ce643abdd microchip78 replied to the topic Subdivide and Develop in the forum Value Adding https://www.propertyinvesting.com/topic/4410555-subdivide-and-develop/#post-4698558 Sun, 26 Jan 2014 22:36:16 +0000 Hi Ivan,

That is very nice brief. 

I think you are right and even we friends have considered to put everything on paper.

Ya I have read lot about this area and seems these areas are very promising.

How many developments you did in these areas and what was your estimated project cost. We are thinking of either villas or townhouses.

Thanks for…[Read more]

]]> b5d80f0dd1fbaddc6fe9c100ddcc7b8a microchip78 replied to the topic Subdivide and Develop in the forum Value Adding https://www.propertyinvesting.com/topic/4410555-subdivide-and-develop/#post-4698557 Sun, 26 Jan 2014 22:29:46 +0000 Hi Matrix 5,

That is also a good idea. May be I will go and talk to some good agents if they come across any such kind of property.

Thanks for your suggestions.

]]> 5be6bc7e9021d0c2ea5cee010b127362 microchip78 replied to the topic Subdivide and Develop in the forum Value Adding https://www.propertyinvesting.com/topic/4410555-subdivide-and-develop/#post-4698554 Sat, 25 Jan 2014 01:40:56 +0000 Thanks Oscar,

You may be right that there are many properties which are not mentioned or phrased STCA in advertisment but still it could be a development site. But how can someone like me can find such a properties other than looking for phrase STCA in the advertisements. Does anyone provide this kind of service who can check or find some good…[Read more]

]]> abe6a8b6cbc9137ceed266891921a3b9 microchip78 replied to the topic Subdivide and Develop in the forum Value Adding https://www.propertyinvesting.com/topic/4410555-subdivide-and-develop/#post-4698552 Thu, 23 Jan 2014 21:07:42 +0000 We are looking in East, South East & Bayside suburbs of Melbourne
  – Bayswater
  – Frankston
  – Ringwood
  – Ferntreegully 

]]> 15a563d10ff26e8f5e7b8d9dc50e797e microchip78 replied to the topic ANZ Australian property outlook in the forum General Property https://www.propertyinvesting.com/topic/4405633-anz-australian-property-outlook/#post-4662120 Wed, 18 Jan 2012 21:37:41 +0000 What trend we will see in near future in Melbourne? Is property market looking very positive for mid range property priced between 400,00.00 – 600,000.00?

If you are thinking to invest, which type of property you consider – unit, apartment, villa, house with land, townhouse ??

Any suggestions ??

]]> 205051e5d152c95a5133c992c0eac6c3 microchip78 replied to the topic 50% reduction in capital gain and general idea about CGT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4402430-50-reduction-in-capital-gain-and-general-idea-about-cgt/#post-4639515 Thu, 13 Jan 2011 03:32:00 +0000 Thanks Scott,

I will do the same if I will not get the response here.

]]> 72e19a6197a44c025439ed9f3fba30ef microchip78 replied to the topic couple of questions on equity on property ... in the forum Finance https://www.propertyinvesting.com/topic/4402429-couple-of-questions-on-equity-on-property/#post-4639512 Wed, 12 Jan 2011 21:19:10 +0000 Terryw, I think you are right that I am confused between Equity and Loan.

I understand if you withdraw more loan you have to pay the Interest on it and if you set up LOC you pay the interest since you withdraw the fund. But what if I withdraw the equity from my IP, do I have to pay the interest ??

]]> eb01c5ac0d73666216a8e49e86a67250 microchip78 replied to the topic couple of questions on equity on property ... in the forum Finance https://www.propertyinvesting.com/topic/4402429-couple-of-questions-on-equity-on-property/#post-4639510 Tue, 11 Jan 2011 22:03:49 +0000 Hi Jamie,

Thanks for your response.

Sorry for confusion. And also sorry for typo in my previous post. I meant Cash not Case …

What I am trying to ask is, If I have extra money, should I may a payment in your property and then withdraw equity from it for next investment or keep it cash and use it for next investment.

Lets say I have a…[Read more]

]]> a575dbc4e3a3c90fc6a6cd984b3f39ef microchip78 replied to the topic Good Property Mentor / Advisor in the forum Help Needed! https://www.propertyinvesting.com/topic/4397795-good-property-mentor-advisor/#post-4611430 Fri, 13 Nov 2009 03:17:53 +0000 FinSpec wrote:
A lot will depend on where you are located.  It sounds like something that I've done to help a lot of new investors out, and it can be invaluable to have an experienced person by your side.  If you let me know what town / state you're in, I'll PM you some contacts that might be able to help.  And I'm sure that everyone else in he…[Read more]

]]> f5b46e4fc9f36361d87c3f89f1708c48 microchip78 replied to the topic Do I have to Pay TAX on Equity withdawen from One IP to pay off Another IP in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397782-do-i-have-to-pay-tax-on-equity-withdawen-from-one-ip-to-pay-off-another-ip/#post-4611352 Thu, 12 Nov 2009 03:05:59 +0000 Phil_Melb wrote:
Hi Microchip, Your stratergy for the $30K will cause you disadvantage. Reason  – Whilst they are both IP's your interest deductions will basically be the same. You're just shifting $30K from one loan to another, one goes up $30K one goes down $30K. Except you are going to pay refinance costs (your disadvantage). When you mov…[Read more]

]]> af5e70d073796aa04235370e05e8bf6a microchip78 replied to the topic Do I have to Pay TAX on Equity withdawen from One IP to pay off Another IP in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397782-do-i-have-to-pay-tax-on-equity-withdawen-from-one-ip-to-pay-off-another-ip/#post-4611349 Thu, 12 Nov 2009 00:40:49 +0000 WJ Hooker wrote:
your bank may charge you a fee and may not even allow it since you will have no equity in the house, but that another subject.

Thanks for your reply WJ Hooker. I appreciate your quick response. But I didn't understand above quoted comment. May be it is a different topic but I would like to understand it as I thought bank should…[Read more]

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