i have a property in truganina that we bought 2 years ago off the plan. Rent is average, but the value of the house has grown by about $100k in the last 2 years (2 identical houses selling in the last 3 months in the same area). I guess we got in at the right time. I keep a note of the values in the area and they are definately on the improve. I…[Read more]
HI everyone, and thanks for all your responses. I put my appeal to the banks and provided all the data for the suburb and the fact the valuer used the 2 lowest priced properties to guage mine against. They just gave the details to the valuer who said if my house was fully renovated he would of priced it at that but he would not change the…[Read more]
Maree well done on your future plans on looking after yourself and my comments were there to put a stop to the criticism of spudway choosing to have more than 2.1 children and get ahead. You can take offense if you like, its Australia, but its funny you can read this whole topic and then find my comments out of everything that has been said…[Read more]
Leave the kids out of it people.. it is far more selfish to not have children then expect other peoples kids to care for you when your old. 5 children is not alot and they are already here. The guy was simply putting up a proposal as a way to get into the housing market. This is an investment forum and people are supposed to learn things and get…[Read more]
sienna1 replied to the topic Potentially good suburbs for investment in Melbourne in the forum General Property 14 years, 5 months ago
Why not west.. Truganina, Wyndham Waters, Tarneit, u can get something under $300k and you are less than 20k's from the city.. actually we can see the city quite well from our I/p. We bought a 24sq house on a large block there for under $280k last year and im sure you can pick something close to that still there. rented quickly and there are…[Read more]
if you go to the site http://www.domain.com.au you will see that they have just put on a investment section and you can check each suburb out with all the stats you could hope for and it tells you how the suburb has been performing over the last 3 years etc. it is branded as new but helps heaps with finding out where to invest.…[Read more]
sienna1 replied to the topic which area is good for living ?? (Melbourne – Victoria) in the forum Help Needed! 14 years, 7 months ago
we have investments in truganina/tarneit which is south west. you can see the city from the properties. its a great area, heaps of shopping, schools, reserves, new houses.. fell in love with it
we had the same problem when getting our house valued for a loan. what i did was supply a list of every house for sale in the area going for the price i valued it at and also a list of the rents going at that price. it was current info and they asked him to look at it again. it came up trumps. i also got 2 agents letters stating what the…[Read more]
sienna1 replied to the topic Can people in their late 60s, with around $1m in equity in their house, living on a pension, become financially independendent in the forum Help Needed! 14 years, 10 months ago
woopi.. i would say read, read and read and go to info nights and listen to lots of advice and somewhere in there you will come to a point where you know where your going to head. You definately have the collaterol but now you need the right vehicle and interest rates and house prices are almost perfect for the jump but as gmh544 states.. its…[Read more]
sienna1 replied to the topic Anyone have experience with State Custodians Home loans in the forum Finance 14 years, 11 months ago
My question is really to those that have used them and their experience dealing with them. I generally like to ask this question with a lender i have not used before. I understand your take would be negative as they dont pay commission to finance brokers.
Can you please explain that a bit more.. im not sure why they would do that.. we split our loan 3 ways so we have an account for renovation, one for investing, one for the home loan. are you saying that St George are limiting their loans to what the house costs even when you are refinancing to use equity.
sienna1 replied to the topic Help! My boyfriend thinks this is a good investment. in the forum Help Needed! 14 years, 12 months ago
Wobbles also look at what your aim is.. do u want to get into investment properties for capital gain or rental income. is your goals to sell up in years for double what you bought for or to build up steady rental income . some houses get good rent but dont go up in value alot.
I have been following properties in mildura on real estate.com.au and have spoken to the real estate agents up there. I have some houses in watch in my shortlist and they have been there for a year now. fantastic houses pulling good rent but not selling, and they are houses with current tennants paying good rent.real estate agent told me if i…[Read more]
I think i dont understand the big picture. Im sighing relief with the interest rates coming down and not in a hurry to sell ours but pretty disappointed with my super balance. I have seen enough stock market crashes that i am now convinced i wont be going there any time soon, ive seen market dip in house prices but they have always rebounded…[Read more]
sienna1 replied to the topic “THE INVESTORS CLUB” ANYONE HEARD OF THEM OR KNOW WHAT THEY ARE ABOUT? in the forum tess85 wrote:Have a thorough 15 years, 2 months ago
Have a thorough read of the articles here. Neil jenman is well respected in real estate thinking.
Remember, if it's too good to be true….. IT PROBABLY IS!
Yeh i wrote to him after reading his newsletter about it in feb last year. he wrote…[Read more]
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