Thanks for your reply,I forgot to add, this is my PPOR and I am looking at building anything over 17 squares. Your idea sounds good if it can be done that way, but I guess not , as the construction cannot commence until the land is titled. It all comes down to how desperately I need the extra 13k grant. I am not too sure if the construction cost…[Read more]

Xdrew , DHCP thanks for enlightening me. Is there a mortgage broker that you guys know of in melbourne who will help me find a home loan that does not require a 5% genuine savings. The savings that i mentioned above comes majorly from my parents and my genuine savings is less than 5%. The few of the brokers I called up have advised me to wait and…[Read more]

Xdrew,For a minute, I wished I could have been in your shoes. What an amazing ROI for those those 2 sweet little cherries and plus a ongoing explosion of rental yield. Nothing short of impressive mate…Well done!!!!From reading your post, I think there is every reason to buy an apartment. Just a few releavant Qs if dont mind answering. The…[Read more]