Thanks Zimby, definitely a lot to consider. If this was something I was going to go for, I would only offer the lowest amount $550k or perhaps even a lower offer , and if someone offers more, so be it.

So having looked at around 15 properties in my favoring suburbs, there is one which I looked at today which really stood out. On paper it sounds really good so at the opening today there was a lot of interest. And I was just interested in some opinions..First, it is a lot more than what I was originally looking at spending. The asking price is…[Read more]

Sorry for delay in responding. I've been self employed for 7 years so I can provide my tax returns. Last 2 years have been fairly good, so my income average will be good enough to get a decent loan. So the best way for investment, is long term loan at lowest interes as possible. I may actually have the opportunity to purchase a small 3 bedroom…[Read more]

I would be very cautious in buying properly over the next 6 months.