Hi Shahin 

You've convinced me out of OTP . I'm glad I posted on here. So much helpful advice.

I may hold out and save more for an actual house that I can reno.

Thanks Everyone

Hi Shahin.

Thank you for your valuable insight into the local area.

I understand the area is booming in terms of medium density developments but what I don't understand is how these developments end up selling out?Or aren't they selling? In your experience, are people buying into these developments as a cheaper entry into the affluent North…[Read more]

Hi 

Thank you everyone for the posts. I may of underestimated the risks involved with OTP. Thank you for pointing out the pitfalls of OTP. 

I guess I was looking for something to buy straight into and not have to worry too much about renovations or upgrades etc. 

Is it even worth taking advantage of the First Home Buyers Tax Concession on new…[Read more]

Hi Michael

Thank you for your post.

I understand the risk in OTP purchases and have thought about the increased supply of units in the area I wish to invest. 

St Ives was once a very traditional North Shore Upper Class suburb with High barriers to entry for buyers. As of the past 5 years, units and development have risen heavily, Although the…[Read more]