Hi Snowflake,Well it looks as though you are running a very tight budget and will be even tighter as the interest rates are expected to rise in Feb 08.  East link will most definitely increase value once it opens up and I would suggest to hold on to it by all means. Are you able to refinance the IP loan to reduce repayments (positively geared?),…[Read more]

Hi Del,Great idea to purchase, renovate and resell asap. As there are so many factors to take into account when purchasing, the most important thing in your case is the cost of all the renovations on top of your purchase price and other outgoings. If you can purchase below the median range in the area, then great. I have known friends who have…[Read more]