oc1 wrote:
Block is about 1100m2. It hit the market and sold within a week – 3 offers plus mine where on the table. It helps buying unconditionally .

Cheers
Oscar

Hi Oscar, firstly, your project looks great. I cant wait to eventually start my own.

How do you determine how many dwellings you can put on a block. Do you use the FSR in your…[Read more]

thanks mbuilding.
would you happen to have a link to the article

Thank you all for the advice

Ill start another thread about BA's

Thanks once again

Thanks for your reply catalyst. That's the strategy that I am aiming for.  My biggest concern is that I a buyers agent will not get me a place any cheaper than what I could, yet I would still have to pay them.  
Since this would be my PPOR  ideally I would like it somewhere in the inner west of Sydney. Main reason being that I travel a lot for…[Read more]

From experience, are they worth looking into?

Well as an amateur i haven't even considered this. What would the cost be and how does it work?

Thanks for you reply

Could you explain to me the renovate strategy? Is this to buy, renovate and sell? 

I agree, maybe my expectations are too high. What would be a good indication if a bargain?

So what's the best way to find an indication of what a property is worth?

So this is my strategy, well my way of thinking. I'm a carpenter so I would like to purchase a house (ppor) renovate it and use the equity to purchase another place as a IP.  The bank will give me a loan of 550k. I have a deposit of 150k.  What do you think about the strategy. 

Is looking for a bargain the way to go or market value

I'm looking to spend about 650k and areas are  all over Sydney. I would like the inner west if possible