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  • Profile photo of kitsunedaifukukitsunedaifuku
    Member
    @kitsunedaifuku
    Join Date: 2010
    Post Count: 3
    August 13, 2010 - 7:45 am

    Thanks for the info guys,

    I was wondering about the prospect of buying off the plan,

    Since the 20k i would receive off the government would really help out

    Any ideas of reputable developers or property's??

    Also i was wondering if you buy off the plan after construction has commenced do you still get the stamp duty benefits for buying such a property??

    Thanks again,
    Daniel

    Profile photo of kitsunedaifukukitsunedaifuku
    Member
    @kitsunedaifuku
    Join Date: 2010
    Post Count: 3
    August 11, 2010 - 7:56 am

    Wow thank you so much for that,

    I think i have come to the conclusion that although ideally located student accommodation is really not going to suit my needs
    since i am intending to live in the property at some point in time location is quite important to me
    but in the end i am only really buying to utilize the FHOG whilst its still on offer and to make use of the modest equity i have in the bank so wealth building is really going to be my no.1 aim in the short term so i can one day upgrade to a larger property

    i see so many people i work with in their 30's and 40's still renting living paycheck to paycheck and this is really all the motivation i need to work hard early on in life to secure a financially secure future

    I have been looking a little around the Brunswick area since it seems to have reasonable capital growth but it really seems difficult to get into the market with under 350k
    Would you have any recommendations of  any other suburbs in Melbourne that are performing well that i can research

    Cheers,
    Daniel

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