Can you manage yourself? Anything can be rent only at what price. If your price is significant lower than the other similar property, it will definitely rent out. For a start may be lower price then increase to the market price when the market improve.

If you plan to borrow at 80%. The 120K already tie to the first property. You have nothing left for the next property. You will not get the loan for the next one unless you borrow 100% and have sufficient cash for other fee and charge.
People often mention use the equity of your home to purchase the investment property. Use your example: your…[Read more]

Of course, it will be less desire. But for the same reason, you can buy it cheaper than full size block. Personally, I don’t mind.

Your new house will create more storm water run off from the site. It is new policy that you need to divert it back to the kerb, unless you can arrange easement with your neighbour to get stormwater through. It is also very expensive exercise. Your slope is too great 5m, a sealed system will not work unless you have double storey. Pump system is…[Read more]

Have you bought that one yet? It is may be a good buy if you plan to sub divide or have a major renovation (add rooms etc… ). But just buy and hold, it will slowly bleed you.

NRAS mean lot of rental, also mean low rate of owner occupy. With high rate of rental and depend how much you buy, CG may hard to get than owner occupy suburb. You also have a strong competition from the NRAS property, mean the rent may lower than it should be. Therefore, your rate of return is lower. Cash flow is important as it help you hold the…[Read more]

This one extract from South Australia gov website. Highly likely QLD have similar rule/law. Talk to council or go to your local council website. They may put all requirements there.

” POOL Fencing

All swimming pools must have a continuous safety barrier maintained by the pool owner that restricts access by young children to the pool.

If you are…[Read more]

Thanks Terry for your response. I am very appreciate your opinion.

It hard to tell how much it will be even you are quite experience one. To subdivide a block of land to town house, depend how many town house plan to develop, zoning, council policy… ect.
First point of contact is town planner/surveyor. They can give you some ideal of YES or NO first. And it is also not certain. Some time NO can turn into YES…[Read more]

With the Sewer and water meter condition, they are usually installed by Water supply company. For sewer, they just install a sewer connection point only. Your plumber will be fix the future sewer system into that point. Floor plan not needed, but it is a good ideal to have some plan drafted up so you can chose good locations for those service…[Read more]

Raine & Horne, I have a smooth transaction with them. You can give them a try. And of course, you can terminate with PM if you are not happy with their performance.

One thing to consider is how your property conditions with tenant in there. With empty property you can do renovating, painting, fixing… ect, without hassle of asking very time. It is impossible to do painting while tenant still living in the property. Some small house keeping can change the price a lot, especially when buyer is owner occupy.…[Read more]

Just in case you can get to it from the net. Here the contact details:

Contact Information
General Enquiries 0432 085 007
Fax 03 5942 9286
Email [email protected]
Office Hours Mon – Fri 8am to 18:00 AEDST
Sat 9am to 13:00 AEDST

This one in Queensland look like they have some DIY product. I google it…[Read more]

http://www.clearglass.com.au/index.html
Try this one as the first one when I hit Google. It look like it have what you want. It in Melbourne too.

Scott have a good advice how it can be done. Little bit further more. If you want balustrade look nice and no worry about cost, go for architect special design to match existing building with proper engineer calculation to satisfy all safety requirements. Otherwise, go for some pre-design system specified by well-know manufacturer. They normally…[Read more]

BTW,
Builder licensed for build not for structure inspection. It is engineer job. Better go direct to engineer.
Cheers

hi
From your information, it is not enough to tell it is load bearing wall or not. Access roof space and see if anything sit on it. If there are, it is load bearing wall. Is 2.8m the height?? Careful with it when you demolish. Consider the risk, few hundred for engineer inspection may not expensive at all as fixing any damage structural now cost…[Read more]

Hi DanikoIf is structural work, engineer and council approval is highly recommended. You get liability for 10 years after the work done. Basically, it is prevent any accident happen in the first place, when everything is correct compliance with Aus building code. Builder job is build and do building work, but they hard to reach when thing go wrong…[Read more]