Hi Andy28we are getting 1% on loans totally just under $600k so you should definitely get more than 0.9%I would renegotiate if you can. if not right away once your loans are settled and you have proven your credit worth.good luck!

Hi Fergus,We purchased land in Christies Beach and are in the process of obtaining a fixed price quote on the construction costs. the block used to be one standard size block and was split into two; 352sqm and 375sqm. we noticed there was a lot of this going on and when we spoke to Onkaparinga Council they confirmed that this was a relatively new…[Read more]

Hi BigAJ,I guess I might be stating the obvious here, but when you purchase an investment property outgright you will have the rental income to add to your income when looking for finance once you have established the property and have a good record of the rent being paid. All the best.Ellie

Hi Cruiser,

I work at a council in NSW (but not in the DA department). however i don’t expect the DA costs to be more than a few $00’s. You’re best contact the council and ask them directly.

What I would look into (and you may already have done this) is check on the cost of all the things you have to do to comply with what you have to do.

If…[Read more]

Thanks Rick,

We bought the property for 180k just over 2yrs ago. we believe it’s worth anything from mid $300k up.

I thought of the garden too. Looks a little tired due to the water restrictions but definitely would consider giving it a facelift.

The dishwasher, new cooktop and reverse cycle in the living area won’t be that much. My husband…[Read more]