jazamite wrote:
banyo / nudgee is a great area.  entry level homes are still under $400k.  Can still pick up a house on a double block for just over the median house price however on major roads or the industrial side of Banyo.  Better double block sites are selling for around the $450k+ mark and over $500k for a partially renovated hous…[Read more]

BrisInvestor wrote:
Hi Nit,Only the supersticious locals will care about that kind of history – renters are more likely coming from different areas and won't have any idea.Besides, it will be a completely different house with no history. Don't let it bother you – buy it if it's a good investment!As an aside, if the house was still standing and…[Read more]

eldredni wrote:
The suburb I would look at purchasing a Unit In Brisbane would be Nundah approx 5km from the CBD, units median prices are 340k which is in your price wage and has great capital growth in the past 12 months at around 15%.

Looking for a house, mate.Nundah is slightly more than 10km. But it comes with a rail.

Qlds007 wrote:
Might be slightly biased but i live in the Western suburbs and own a number of properties in both Toowong, Taringa and Auchenflower and they have all perfromed extremely well.

Yes, i agreed they have performed extremely well, at least a 10% growth for each year.I am thinking if i am too late to jump in now? In the long run of 20…[Read more]

Qlds007 wrote:
Which suburbs are you talking about.

Hi Richard,As for units, looking at Inner-West such as Toowong, Taringa, Indooroopilly, Auchenflower.Still trying to read up on the surburbs for houses, because i have been living in inner-city all these while. Still dont know if i shoud head North or South.But for the South, i am looking at…[Read more]

Thanks mate for all the kind replies. i am renting in Brissy. Btw, the same clause happens to be in my current lease (24mths) which is expiring next month.So, does this conflict with RTA?CheersNit

FinSpec wrote:
Each state has their own set of regulations at the moment relating to mortgage broking.  Currently, I believe, brokers in Victoria are required to give their clients a document to sign appointing them to negotiate on behalf of their clients – this is supposed to outline any fees.The current regulations outline that brokers can…[Read more]

Qlds007 wrote:
Varies from State to State.In Qld there is absolutely no requirement whatsoever.Where are you based ?

Victoria. Any clue?

Qlds007 wrote:
NitYes remember Pre-approvals have a limited life span and this varies from lender to lender.If you had a loan pre-approved today but didnt sign a purchase contract for 45 days you would still need to start again with verification and supply of income and liability documentation.As Terry has mentioned many lenders have a priority…[Read more]

Qlds007 wrote:
I am with Terry a Pre-approval means absolutely nothing and is really a bit of a waste of time unless you are ready to go.Most Brokers would have access to 25+ lenders but whether they use them all or not is a different matter.Approal in a week with almost anyone is ni impossible these days.

Hi Richard,Are you referring to…[Read more]

Scott No Mates wrote:
Just go onto a monthly tenancy. Depending upon the state that you are in, once you are on holdover the lessor must give you 60 days notice. Just make sure that you are not in breach (in arrears etc) so that you are not likely to be turfed out.

Hey Scott, thnx for your reply again Are you referrring to "periodic tenancy"?…[Read more]

propertunity wrote:
Pre-approval is almost not worth the paper it is written on. It is a quick calculation based on your incomes and debt repayments, but it is subject to their valuation of the property you are purchasing and all sorts of documentary evidence like payslips, loan repayment histories etc. It is good for only knowing what kind of…[Read more]

Marketmad wrote:
Would appreciate anyones opinion on which area/s of Brisbane ( and outskirts)  have the best potential for price growth in the next 5-8 years .Ive been looking at a few areas and have narrowed my selection to 5  areas;1) Redcliffe and newarby areas like Margate /Woody point etc2) Sunnybank/Runcorn/Beenleigh area/logan area3) B…[Read more]

Found this on googleEnding a tenancy How to end your tenancy agreement with the lessor/agent depends on what type of tenancy agreement you currently have. For a fixed term tenancy, you are bound by the terms until the tenancy ends. You are required to give 14 days notice on or before the date the tenancy ends on the…[Read more]

Scott No Mates wrote:
Nitro, the catch is item a) THE TENANT AND THE LESSOR AGREE IN WRITING.That is, you may be lucky and the owner will agree to terminate however it would be more likely that they will agree when you to pay all costs up to an including a new tenant taking possession (includes lease prep, adverts, inspections and agent…[Read more]

Scott No Mates wrote:
Which state and which version of the RTA and what is the rest of the clause?But generally, if you are currently under lease then you have obligations for the term of the lease (until such time that you are able to get a new tenant, if there is a shortfall in rent, you pick that up).

Thanks your your post, mate.Currently…[Read more]

Scott No Mates wrote:
It will only cause a problem if you do go overseas and use your passport. The Dept of Fair Trading regularly checks details (as does the ATO etc) to ensure that you are in fact living in your ppor if you have claimed the FHBG.

What happens if i leave after 6months?

moana_fusion wrote:
Hi Nit,Here's the link to the QLD FHOG form:http://www.osr.qld.gov.au/forms/fhog-forms/form-fhog-application-kit.pdf The exact wording from the form is:“ensure all applicants will reside in the home as their principal place of residence for a continuous period of at least 6 months commencing within 12 months of completion of…[Read more]

moana_fusion wrote:
Hi Nit,Here's the link to the QLD FHOG form:http://www.osr.qld.gov.au/forms/fhog-forms/form-fhog-application-kit.pdf The exact wording from the form is:“ensure all applicants will reside in the home as their principal place of residence for a continuous period of at least 6 months commencing within 12 months of completion of…[Read more]

tonyf387 wrote:
I jsut got a house using the first home owners grant and if your eligible for it (check your state/terrirtory's official website their should be a hotlien to call to check if you are able to get it. As for me1) The lender will organise the first home buyer grant and then the solictor/conveyancer will go over it with you.2) The…[Read more]