Found a good forum for those looking at property investment in loch sport at http://www.lochsport.org. Good way to connect to the locals who seem to know property in loch sport pretty well and where not to buy.

Found a good forum for those looking at property investment in loch sport at http://www.lochsport.org. Good way to connect to the locals who seem to know property in loch sport pretty well and where not to buy.

Hi guys thanks for all the usefull info.
stgeorge do want to take it as a commerical loan. They want a 35% LVR which is ok as we have 2 houses and a block of land with them and just enough equity to get us over the line … I hope

Im happy not to go with stgeorge problem is as im using equity which they hold mortages against is there a lender…[Read more]

Oh btw. If you can afford a bit more Id look at laverton for your first IP. Laverton is ment to run hot this year. blocks 600sq in williams landing are going for around 400k where as in laverton you get a house on a 700sq block for a bit more then that. You got a zone one train station there, shops, pool, schools its excellent to rent. Older…[Read more]

btw where do u find you info on rental vacancies from ???

I couldn’t recommend anyone I have used… they have all been useless. I definately wouldn’t touch professionals altona. However I have heard only good things about RPM my neighbour acutally works for them in the city in rentals. They charge ALOT in comparision but I believe they offer a good service. Just watch your tenants be very picky. We have…[Read more]

Hi,
As stated before I have one in tarneit gardens. Rental market is pretty tough going in tarneit. Way to many rentals. Rents have gone up recently with the price rises that have just come though. 330-340 isn’t a bad price. Depending on the condition I know they where getting around 360-370 for the type of house about 6 months ago but prices have…[Read more]

Luke wow excellent post didn’t know about that. Funny thing was the block contract only went unconditional friday so just in time lol.

Yeh that the only downer where right out the back of town if we didn’t buy in pelican for the view definately would have gone down by the marina prices are heaps higher there thou. I think your right there will be…[Read more]

ive been up there couple of times last time I was there.there were no mozzies but that was 2 months ago in winter. I believe they have been spraying them with alot of success.Ive been there in summer when they claim they are heaps. I didn’t acutally think it was that bad!

Michael respect you opinion but got to say I think I take a different view. I live in a McMansion estate in the western suburbs. We had a land release last week where they had raised priced of land by 20% and still sold 50 blocks in 2 hours. There really isn’t enough and if we need to build houses there isn’t much we can do about it. Not sure why…[Read more]

I currently live in williams landing. Brought land here 2 years ago for 206k their now selling blocks in a new release for around 350 our size. Things are going up fast. Yet on the other side of the raaf base in laverton you can still buy a 3broom house on the same size block for that price. Laverton is zone 1 train station. Has existing shopping…[Read more]

paper. Im 30 with my 3rd IP so young and in same position have high income. I started out like you little depost for first one bout 5 years ago. My take on it was to move out of my ppor and use it as an IP almost immediately. I rented myself and saved while renting once I had saved another deposit i purchased another house which became my PPOR .…[Read more]

just another question how do you find out about purchasing US properties? Is it allowed by law ? I didn’t realise this at all.

I would say regardless of if where at the bottom or not. Property is always and has always been a long term investment. So I wouldn’t hold of buying on the premise they may drop 30%. Fact of the matter is most us property…[Read more]

Prop Fin wrote:
A friend of mine, he is a developer, he sold a block of apartments in Tivoli rd, South Yarra (never went on the open market, all apartments in the block were sold via an investment company) but kept one for himself for taxation purposes. It’s a 2 bedder, with carpark and a courtyard. Now he needs money for a new project and…[Read more]

Ive got an investment property in tarneit. Specifically Tarneit gardens. Been there bout 4 years. 4br house paid $230k for it, currently valued at $350 so capital growth has been good in the area. Do have alot of problems getting GOOD tenants had a lot of crap ones. The best tenants seem to be either single parents or those building in the area…[Read more]