Saw that one but decided I prefer something with 4 wallsI know my pickiness has priced be away from these more convenient suburbs so I'm relegated to continue looking at ermington / rydalmere / dundas / carlingford etc

So are you saying each and every bidder would have spent $600 on each house he bids on?Basically what I'm trying to get at is if you have a dodgy house, auction is the way to sell it.

Can't afford St Ives / Chatswood – maybe in 10 years So what's with the North West metro line – what's the current status of it? and who do I vote next election for to get it up?

Thanks for the good replies, much appreciated

JacM wrote:
Because the expected extra value growth in the first year alone is 2%.  That's $2000 per $100k of starting value.  So a house worth $500k at the start of the year you would expect it to grow an extra $10k in the first year in the 7.5% growth suburb.  That might not sound that interesting, but when you think about the fact that ov…[Read more]

Thanks for the replies

Thanks for the comment. I know it’s a good area but just concerned how I should interpret the region’s lackluster past long term growth rate of 5%. should i worry about this at all? Some have told me it’s better to go with suburbs that have had a strong history of sustained growth but at the same time I know it could be that yesterdays losers are…[Read more]

Hi RichardYes I understand the rules, my partner and I are not married – we're not anything on paper.

ClintHarris wrote:
echelon6 I'm in the same boat only 23 and similiar capitol.  I'm going to head down the reno path sometime early next year.  I'm currently weighing up whether to use the no stamp duty and FHOG option or scrap them both and avoid moving.  There are a few lower cost Townhouses that pop up on occassion in Balmain around the $5…[Read more]

Hi number 8 – that's very generous of you to offer your time !I'm keen to have a casual chat with you about investing. I'll PM you to make arrangements