Well I believe West and South West are bound to go up even moresooner than later due to the rippling effect hitting melbourne's suburbs. People realise they cant live near the city and move to the next suburb. That suburb grows like crazy and they have to move to the next suburb then that suburb goes crazy and people have to move further out and…[Read more]

I totally agree with Stumunro! Confident with time, do it yourself,Unsure and time poor use a BA!The only research you got to do for the latter is which BA is a good BA. And probably this will require even more time than searching for a good property deal. My 2c thought.Ciao 

Thank you guys for your golden words!I have been looking in places like Murtoa, Warraknabeal, Moe, Morwell and Traralgon. All in 6%+ ROI. I will definitely looking into the area you guys suggested. I have 100k available and in the other forum i have started (It's time to start. I need genuine advice!) many people adviced me to play safe and invest…[Read more]

thanks Wealth

I was looking at Latrobe Valley. Prices are quite affordable and the ROI appear to be around 6% However I am not sure about the vacancy rate over there. It seems you can purchase a "decent" 3b for around 130K

I must admit 888Abundance…You have made some invaluable points, most important I suppose is starting slowly/safely and then grow my experience knowledge in the field. I believe I have a good platform to stand on and especially passion and will however I wouldn't want to dampen my enthusiasm with big mistakes which are usually made at the be…[Read more]

hi Lalibella,i have thought a lot about what you said and i definitely agree with you.I think i will start with an off-the-plan-mid-200k 3 bdr 20 kms radius of Melbourne. I figured given the rippling effect emanating from the city outward those areas are bound to grow in few years. Then not long after I ll spend more time searching growth area in…[Read more]

Well I can assure you V8ghia it has not been easy. I have worked hard hours 3-4 different jobs at the time. Lower end of the market is a good idea putting a big deposit. however it depends what is your perception of lower end in Melbourne, giving the fact that I would like to do just like Mark buy free standing properties and in Melbourne there is…[Read more]

Thanks L.A.Thats what i am talking about! I need something like that, however all the comments and advices are highly appreciated.Cheers againAndy

Thanks for adding your comments, i really appreciate that. – Okkamooie the answers for you:When it comes to be handy im not a very handy person although i give anything a go, for example to my ex father in law house i installed 12sq m of raw parquetry, then sanded and polished it. I can do with a bit of painting, replace gutters…nothing major…[Read more]

Come on guys, I am counting (sort of ) on you for some wise advice!

I just got 442, bugger! I thought it would be moreAndy

Thanks for your replies guys. Happybronski, I heard about Defence housing and I am sure it is a good investment given the security involved with it however the houses are excellent quality but cashflow negative and there is a limited amount of flexibility with it. In saying that I'll keep looking into it more in depth.Which group do you suggest P…[Read more]