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Thank you all for information. People who already looked into Berwick or who are from there, do you know the approximate price for brand new (already built) 3 bedroom unit. I understand that it depends on the location, but if I can get some ideas, will do my investigation further.

I can tell you prices on the North side of Berwick. A…[Read more]

I come from Berwick. I have been closley watching the market for a number of years. I don’t know alot about Cranbourne, except that there is a substantial amount of land subdivision going on. Same goes for Berwick, South Side.
Prices in Berwick has doubled since 4 years ago. My opinion is that you need to do a bit of research as the Casey Shire…[Read more]

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[] Just having a look through realestate.com.au…. starting from $0 to $200,000.

I had a bit of a laugh []
I was amazed at the number of Cabins, Car parks, beach sheds up for sale….

eg.

MAKE LIFE AT THE BEACH EASIER
$25,000
38 MILLS BEACH MORNINGTON
BY PURCHASING YOUR OWN.
Fully renovated beach box on sought after Mills Beach,…

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I reside within the same suburb also. I would have thought that land is still surplus. In particular the South Side of the city of Casey. Plenty of estates opening up between Berwick/Narre Warren, working back towards Cranbourne. A lot of first home owners are coming out here taking advantage of low interest rates and Gov. Grant. Looking at…[Read more]

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Hi Finnie

A great idea, though being a full time property investor would take time to achieve. Only after lots of hard work and smart investing could this be achieved. How many properties would you need in your control to gain enough +ve cash flow to suport your family.

My wife and I have discused this issue over & over. We are…

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[] Thankyou all for your feedback. I don’t feel so alone in this IP world!!!
I guess the thing that frustrates me is the fact that we have one rural property valued at $300K which we own and confident this will continue to appreciate. Our current home approx $600K of which we have a $300K mortgage. Not sure what angle to take, ie: cheaper…[Read more]

Yes, that is a thought. Thankyou. I feel better already []
Now, I got to convince my other half!!!!!
Seems an ongoing battle of late. He is so sick and tired of me talking IP, IP IP!!!!! Mind you I am living with a Financial person. Analyse everything!!!!! Not that this is a negative, just frusrating the best of times!!!! [!]

Possibly, I…[Read more]

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I’m worried about the same thing… every second person is looking for investment houses now, rather than their own place.

When I visit my dad’s real estate agency, every five minutes someone rings up asking “what sort of rent would that property bring?” or “do you have any good investment properties for sale?”

I’m concerned that this…

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For what it’s worth, the prices where I live (regional Vic) are still rising. No positive flow properties, but as far as the boom is concerned, it’s definately still strong here.

I totally agree with your comment. As a new investor, I have been looking at regional Vic. properties. Some areas are booming. Eg: parts of Gippsland. Since…[Read more]