This makes me nervous, I’m looking for an IP in Ballarat ATM, I’m actually inspecting one in Soldiers Hill on Monday.

I also think the inspection times are a problem, seems odd to not have evening times. I’m also thinking that a picture of the bathroom might be a good idea to have in the gallery. I would call your property manager and express…[Read more]

Hi, I’m also a newbie so probably best to take my advice with a grain of salt. I haven’t heard that before about buying an apartment or unit first, could they possibly mean that a unit/apartment would likely be cheaper than buying a house so you may have borrowing power remain after the purchase? We bought our PPOR 2.5 years ago and have built…[Read more]

Hi Kris07, thank you for your advice. We actually inspected that property last week! It went to auction on Saturday and was passed in. The property has alot going for it, location most of all, but my partner and I weren’t sold on it. The most recent tenants were paying $355 a week rent which surprised me, seems high for the area, but it was good…[Read more]

Thank you for your comment, it’s good to hear from someone with an IP in Ballarat.

We’re definitely planning to be in it for the long haul, we would hold the property for at a minimum 10 years, but most probably longer, to take advantage (hopefully) of the growth expected in Ballarat. Area wise we have been looking at established homes in the…[Read more]

Thank you Cattleya! I am quite a conservative person naturally, so yes, definitely feeling some cold feet! But I’m sure I will overcome that. We’re actually going to go into Ballarat tomorrow and do some inspections, so it feels like a step in the right direction to see if the area is right for us, and then we will wait for a good IP to present…[Read more]