Just an update.Out of no where I had a number of people come through the property this week. Most off my add on Gumtree. The real estate gave out at least three applications that I know of. So things are looking up. However I am pretty sure I have done most of the work. So I have been doing a lot of research on 'getting the right rent', which m…[Read more]

In the long run the value of property will increase. With the exception of natural disasters, etc. Which appears to be a common trend. However it may not be a good time to buy, renovate then sell. As it is always possible for a short term drop in prices or for the market to stagnant. Not that I want the market to slump, I believe it is due for one.

Also some states may have a FHOG of their own additional. When I brought last year NSW had an additional FHOG of $3000.There is no stamp duty for proprties under $500,000 or $600,000 from memory and you can claim up to the value of $17,999. I didn't pay stamp duty.That's potenially $30,999 money, saved/ earntIf you then compare the potenial re…[Read more]

When we are talking about affordabilty, we are talking about the percentage of income you are spending on your property. I think we all are all aware that the average person (single or family) with a property is spending 50% of their household income. Which is much higher than in the past. I think it is unrealistic to expect that low income e…[Read more]

No they don't charge up front fees. However if you terminate the contract they may charge you one weeks advertised rent. However due to them getting one person through the door, I think they will let that fee go.

I live in a large block of 36 units we have a lift. Also we are undergoing a dispute with the builder as there are defects in the building. I pay the same amount, so I would suggest you are paying to much.At the end of last year our Strata Company started charging about $1000 a quarter.The body corporateelected to change strata companies and that…[Read more]