my agent just does domain.com.au and realestate.com.au however I don’t pay for this, I’ve negotiated that it is paid for out of their 1st weeks rent for new tenant.

Although I’m come close to being vacant a few times….so far fingers cross I’ve gone straight from one tenant to the next.

I reached out to them and found out that they don’t work in the Narwee area…..

lol emailed back to say its only 15 mins from their offices in mMascot but never heard back……

Shame as really need someone for the 19th of November for an end of lease clean and a carpet steam clean.

Could it really be that high….?

If it is there must be a heck of a lot more “renters” than people realize.

Lol its almost like every second person is a landlord……

@P. Japan has a higher property yield than the various markets in Chin?

I understand the flight to safety and think this is the main driver.

@Sitemanager, but the Australian government want the $A to go down…..there are a number of countries all trying to actively drive down their currency in a silent…not really silent currency war at the moment.

That’s why they keep dropping interest rates….to stimulate borrowings….but also to make Aust goods more competitive overseas.

You…[Read more]

@Sitemanager, but the Australian government want the $A to go down…..there are a number of countries all trying to actively drive down their currency in a silent…not really silent currency war at the moment.

That’s why they keep dropping interest rates….to stimulate borrowings….but also to make Aust goods more competitive overseas.

@Russian,

Why do you think interest rates are going to go up if the $A falls?

Corey/Jason,

Because there are non recoverable costs involved in selling/buying real estate.

I don’t know why everyone is so freaked out about mining, its a temporary issue, yes you paid too much but mining will come back, unless they discover a way to get minerals out of the ground without people (robots….but you’ll still need robot…[Read more]

BTW….here is the before so you can see how much work Dixon did since they purchased for $1.6m (eg a lot)
– http://streeteasy.com/sale/816146

I’m betting it will probably rent close to $8k a lot more than most rentals in the area but 2 living spaces and 4 en-suite bathrooms is pretty sweet.

take out a fix rate mortgage and hope that after 5 years….inflation on the rent at 3% a year takes care of any increases in IP interest rates…..

this being said its fairly rare to find a CF+ investment property these days, most are CF- for at least the first few years.

really guys…?

If you cant save 20% for a deposit…..then should you really be buying now?

Or maybe you are buying too much house for what you can afford, get yourself into a starter apartment rather than median mcmansion in the perfect suburb.

you can use the equity you build after 4-5 years in the starter apartment as a deposit on your…[Read more]