Mm44

Mm44 started the topic Single Carport on small lot BCC in the forum Value Adding 6 years, 3 months ago

We have a 10m frontage and are looking to build a single carport that would finish right on the fenceline at the front boundary.

So will need a DA?

We got a quote to have one built as we thought it would be easiest to let the company deal with all the approvals and council stuff, only to get a quote back for 9.5k UNAPPROVED! “Only little old…[Read more]

Mm44 replied to the topic Setting rental price help, equity and units in regional areas! in the forum Help Needed! 7 years, 3 months ago

Christ! $405. My pipe dream will be shot down in flames!

How is the figure of 3.2% even reached? What’s the formula there?

There’s no units but it’s a real mix. Executive properties at the top end, I can’t find old listings now but I think rented for around 700pw and I’ve seen granny flats recently for around 280pw (on gumtree). To me, knowing…[Read more]

Mm44 replied to the topic Setting rental price help, equity and units in regional areas! in the forum Help Needed! 7 years, 3 months ago

Thanks so much Benny! I’m relieved the end result from going down the removal house track and putting in the work has proved a good option, as it was all we could afford to do at the time!

Yes sorry it’s in Brisbane. 20km from city.
I don’t want to say where because its a tiny suburb that is tightly held, maybe <5 properties a year sell, 2…[Read more]

Mm44 replied to the topic Setting rental price help, equity and units in regional areas! in the forum Help Needed! 7 years, 3 months ago

Thanks so much Benny! I’m relieved the end result from going down the removal house track and putting in the work has proved a good option, as it was all we could afford to do at the time!

Yes sorry it’s in Brisbane. 20km from city.
I don’t want to say where because its a tiny suburb that is tightly held, maybe 5 properties a year sell, 2 rented?…[Read more]

Mm44 started the topic Setting rental price help, equity and units in regional areas! in the forum Help Needed! 7 years, 3 months ago

Firstly, sorry I’m a total financial novice! When I say this I mean I know complete zilch about how to calculate rental return and equity and using it to purchase etc, or any of the applicable terminology. So I’m hoping this is a friendly forum :)

I’m looking for some rough figures and very general advice for an idea in its very early stages. We…[Read more]