that’s what happens with exuberance.

yes. Some DO charge as it is ‘over & above’ collecting rent , administration of maintenance & paying outgoings. There is a negotiation & lease preparation as well.

you might speak to an agent to get a feel for their commission & marketing costs. You aren’t making a commitment to the agent but they will form a useful part of your network.

I'd recommend Matt from Silman Building: ph 0417 487 702 or matt@silmanbuilding.com.au http://www.silmanbuilding.com.auTell them you were referred by the boys @ Riverview Realty

yes it is possible to buy, refurb & sell at a profit in sydney but transaction costs are high. In your case it’ll be around $50k + holding costs.

You might be well served finding a deceased estate in poor condition.

There's hope for Frankston  & Umina yet fword.

east Albury I think. There are plenty to choose from.

yes. The land components do vary in value, the front being higher than the battleaxe but the access handle, stormwater rights & right of way also have their value. Generally, the sum of the parts will substantially exceed the value of the whole.

the price is & always will be related to those surrounding suburbs. Unless something changes dramatically, it will remain @ 70-80 % of the adjoining areas.

Sounds like you don't need an expert.

2 schools of thoughta) leave it vacant & lease it when you get possession – you will be up for all costs in leasing the house, you may have a delay between securing a tenant and them occupying the premises, you may need to delay access until make good works have been completed, house will 'smell' of being closed up for 3 months.b) if the vendor…[Read more]

ajayayyar wrote:
thanks Scott – so with hume hwy upgrade, you think Albury is a reasonable bet?

It has got a uni, a few industries, large army base and a sustainable population. It could be worth looking at.As for floodprone areas – just do your due diligence in your areas of interest.

well, the last couple of years has seen hume hwy upgrading so Albury is now bypassed.
Wagga, has just flooded, so need to be wary, likewise taree has similar issues – hwy & floodprone.

Gosford, Newcastle, Wollongong, Bathurst, Orange, Coffs, Port Macquarie Goulburn.

around my way most can afford to relocate before listing, so the cause is often irrelevant.

I pay for my data through a couple of sources xdrew. I get the names of vendors/purchasers, dates, price paid, selling agent – privacy my arts.

I pay for & expect access to all relevant data & the subscription services provide it, some better than others but I need a couple of sources for reliability.

you can only ask & the agent doesn’t need to disclose the reason.

each capital city market is different. The past is no indication of future trends. Government policy has a greater effect on prices in the case of supply.

what utter bs!

these organizations collate sales data from official sources like the osr & LTO, they may provide some analysis but they sell the data to the wider property industry. They don’t sell property, don’t get kick backs from the property industry so there is no need for them to skew the data. If the data was unreliable, then the…[Read more]

try the local noticeboard for sharehouse or the gumtree website.