czerney replied to the topic First time investor question in the forum Help Needed! 9 years, 7 months ago
Thanks Gents for providing the replies will def seek specific advice.
Just to clarify my rather longwinded OP:
Time line:
Oct 2005 – Buy for $205K
Oct 2005 until Dec 2014 – Occupied as Primary Place of Residence (Never Rented)
Dec 2014 – Moved out and into newly built home.
Jan 2015 – Begin renting at $340/week – Licenced Valuation based on…[Read more]-
czerney started the topic First time investor question in the forum Help Needed! 9 years, 7 months ago
After living in a 2×1 villa for 9 years, I’ve built and moved into a new house in December 2014. I’ve rented out the villa from January 2015. Based on my calculation the property is slightly positively geared in that it’s on an interest only loan that is at 4.75% on a 266k loan and rented for $340/wk.
Once I account for strata and property…[Read more]
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czerney replied to the topic City of Swan – Any tips? in the forum Value Adding 18 years, 11 months ago
I have recently bought in the Midland area – prices have doubled on some residences in the last three years. Midland Gate is due to be finished in about a year – 18 months which will then have cinemas and as has been mentioned, a lot more infrastructure.
I have noticed (within a 5min walk) a number of vacant blocks which are zoned for 4 units…[Read more]
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