been looking to buy in redfern for ages, particularly great buckingham st. missed out and have finally bought in surry hills.
still studying redfern and hope to buy something there when the right deal comes along. may even look at a property in the seedier side with hope of CG when the gentrification process kicks in.
looking at 2 properties in paddo atm – one requires a fair bit of work and the other no work – approx $150k between the 2 both in good streets. big call in some ways – eg no work one sounds goods but how do we add value to it, knowing that paddo capital gain will be flattish over the…[Read more]
i wish my budget stretched to $1.5mill – saw an awesome house not that long ago on forbes st, darlo for that price
really looking at entry level paddo – nice street, sub 150sq mt block, no carpark at sub $1mill pricepoint, possibly less depending on level of renovation required. of course this pricepoint in surry hills will buy a…[Read more]
hoping to hear more from others with experience or thoughts of the area.
between surry/darlo and paddo there must be a minimum of $200k difference for similar houses.
i guess what im really trying trying to determine is whether the extra $200k for paddo is justifiable long term or whether the feel is that…[Read more]
as im looking at a terrace house atm, i appreciate what heritage listings are all about.
having said that, i dont mind the conservative outside facade (thats one of the appeals for me) but internally im a 100% contemporary sort of person and plan to do major works to this place if successful(think dr who ). my other…[Read more]
thanks liz for your contribution. my thinking was the same as yours from day 1. we are working towards getting something before 1 july as i know the laws will be changing surprised it was released like this in the first place to tell you the truth.
never thought we were were eligible for the $7k as hubby bought may ’00 interesting article…[Read more]
firstly, thank for taking the time to answer my question. i have gotten my husband involved in helping me respond
the reason i believe im not eligible for fhog is because we would fail pt 2 of the eligibility criteria – ie, my husband owns an ip purchased pre july 2001. the reason i believe im eligible for the first homeplus is because we…[Read more]
im with you 100% in respect to the “owned and occupied” part but bear in mind this provision relates to the first home plus concessions which relates only to stamp duty concessions. the 7k on the other hand relates to FHOG which does not make the distinction from “owned” vs “owned and occupied”.
be careful with this 6yr rule for although it continues to apply, my understanding is that under the new mini-budget it will now be subject to land tax, hence not as attractive as what it use to be.
Originally posted by mysta:
In Lewisham, the owners of a four-bedroom house knocked back a bid of $950,000 in October and put the property back on the market with an asking price of $995,000. It is now listed for $839,000 after it was passed in at $810,000 last month.
please tell me we are not talking about 12 The Boulevarde? If so, im thinking…[Read more]