I miss the badges. Never could earn one at school.

Hi bnd, which suburb in Melbourne?

The suburb is an extension of Melton south. I’m there every week and it is more suited for first home buyers wanting cheap homes. There is so much land around they will be forever opening new estates. A mate lives theres, his place been on the market for a year now can’t sell.

For now melton is in the middle of no where. Give it 20 years and it will be some where up there. I’d put my money in werribee, Laverton, etc. Same price, closer to cbd and will see more growth before Melton sees any.

To me there are more factors in buying into a suburb then just employment.

Wouldn’t touch it with a 10ft pole. Can’t see any capital growth in the near future with so much land available. Bacchus marsh is doing so much better and that’s another 20 min further out.

I’d be calling Jaime, rumor has it he’s a gun. Any baby yet Jaime or we still have to keep on waiting?

Freckle wrote:

Locks like Doc doesn't want to play Moxie.  

For a second I thought he was going to challenge you and stick it to you right to the very end! Obviously not game enough.

An $80 increase is very Steep! The most I would have increased it is $10. Once the tenant leaves then increase it to $560.

I could imagine the shock your tenant would get being told the rent will increase by $80!

It's a flammin outrage i tell ya!

Hi Oscar,

I contacted the building commission a few weeks ago and they told me that a DBL can build for either clients or yourself as long as you use registered trades.  When i was speaking to HIA they told me yes this is true but if you are building spec homes a building surveyor doesn't check if the trades used are registered (apart from plumbing and electrical), they are more interested if it's built to code.

Oscar, this is great stuff! Did you do any hands on work or just manage?