Can anyone recommend a good property accountant in the south yarra, prahran, windsor area in melbourne?
We are saving up for a deposit for our first property purchase, but would like to start working for an accountant with property expertise from hereon – which will help us through the purchase process. thanks

Does anyone have opinions on purchasing a bedsitter/studio and building a partition and or complete enclosure with a door – to convert it into a proper one-bedroom flat?

I’ve seen on this site arguments against purchasing bedsitters because they’re not popular and people don’t stay in them for long so they can be hard to rent out.

But what if…[Read more]

propertunity wrote:
lstreet,If it were me (and it isn't) I'd by myself a PPOR and use the FHOG & boost available to you now. I'd do an interest only loan and pay down NONE of the principal. Once you have either saved a bit more or the property has increased sufficiently, I'd draw down some of the equity to use as a deposit on an IP.Paying off…[Read more]

thank you so much for your reply – this makes things much simpler ie just staying where we are until I save enough to purchase a flat. Given studios are not a good choice, I will aim to borrow around 280,000 – if I can get a bank to agree, and then stay there for just 6 months to get the FHOG. Do you think there's any financial case other the FHOG…[Read more]