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  • Profile photo of Henry_84Henry_84
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    @henry_84
    Join Date: 2004
    Post Count: 10

    Shouldn’t you allow for vacacy periods when calculating this?

    Profile photo of Henry_84Henry_84
    Member
    @henry_84
    Join Date: 2004
    Post Count: 10

    My Apologies

    I just read your profile Amber and realised you are in NSW so taking Sunday drives probably isn’t a good option. Maby looking around on the net first and then taking a holiday or something in queensland where you can have a look at the properties.

    Otherwise in regards to having a look around the area as to what will support you rentals, perhaps you could look up the properties and then search them up at http://www.whereis.com.au this site will tell you what is near that area, schools etc.

    Cheers

    Henry

    Profile photo of Henry_84Henry_84
    Member
    @henry_84
    Join Date: 2004
    Post Count: 10

    Hi Amber

    I agree with Jo that you really do need to make your own decision on this, based on your own research.

    One thing you may want to do though is have a look on the web at the sites mentioned before and take a couple of Sundays to have a drive through and see what would support your rentals eg. a university in the area etc.

    Speak to real estate agents in the areas that intrest you. They will be happy to help any potential customer. Find out how much the average property is renting for in that area based on its size etc.

    All the best

    Henry

    Profile photo of Henry_84Henry_84
    Member
    @henry_84
    Join Date: 2004
    Post Count: 10

    If you are buying your first home will you and your partner be given the FHOG or is it a grant that is only applicable per house?

    Profile photo of Henry_84Henry_84
    Member
    @henry_84
    Join Date: 2004
    Post Count: 10

    Hey GI,

    My mother sells Aussie and South Afican investment properties and she knows all the details of how it all works. If you want I can send you her contact details, she might be able to shed a bit more light on the subject.

    Cheers

    Henry

    Profile photo of Henry_84Henry_84
    Member
    @henry_84
    Join Date: 2004
    Post Count: 10

    Pardon my ignorance but what does it mean to get gazumped?

    Profile photo of Henry_84Henry_84
    Member
    @henry_84
    Join Date: 2004
    Post Count: 10

    If your fisrt property purchase is for investment purposes, when you finally buy you first home to live in, will you still be able to get the first home owners grant?

    Profile photo of Henry_84Henry_84
    Member
    @henry_84
    Join Date: 2004
    Post Count: 10

    Thanks for the help.

Viewing 8 posts - 1 through 8 (of 8 total)