Thanks Angela. Homeprice.com is showing a 10 years prediction of 20% yearly growth in Burnie. Seems a bit over optimistic. What do you think? Can the same thing be said about the ex-housing commission homes?RegardsSharif

Hi Again! What do you think about ex-housing commission houses in Burnie? Any comment?Sharif

Thanks all of you for your valuable comments. It appears that one can buy a house with $150k witth a good size block. Is there any particular area to avoid? Do any one of you have any experiencing of subdividing there?RegardsSharif

Thanks for your advice Marc. Every little bit helps.
Sharif

Sharif

Hi Sanjiv:

Thanks for your advice. I have looked into Adeladie as well, in the elizabeth, davoren park area. I can only buy one part of a dupex with $110 k. If I have to buy a house I need to spend at least $120 – 130K. I thought it is better to buy a house in the outer suburb of Melbourne than in the outer suburb of Adelaide. What do you think?…[Read more]

Thanks Skip101 and Kum for your kind thoughts. Please advice me if there is an on going fee (like strata fee etc when one invests in a dipex). Also what happens if the owners of adjoining duplex can not agree on a development plan?
Thanks
Sharif

Sharif

Thanks Mum(!). Your advice is ver helpful. I am not sure about one thing though. If I use the valuer from the lander’s panel, and it is found that the price has been inflated, can I re-negotiate the price. Or can I use the lender’s valuer before putting an offer?

Regards
Sharif

Sharif

Thanks for the advice. It appears Elizabeth might be a better option. Do you guys know any buyer’ agent in Adelaide. I can not find one in the domain.com web site or in the realestate.com.au.
Thanks again.
Sharif

Sharif

Thanks for the advice. Much appreciated.

Sharif

Sharif

Guys and Gals:
Eagerly waiting for your kind advice.

Sharif

Sharif

Thanks Westan for your valuable reply. Any one else with any more comments?

Sharif

Sharif

Thanks for the help. But I could not get the relevant info in google. Is there any other way to find out?

Sharif