I'd suggest going further afield to Weribee/Tarneit where you will find several real estate agencies rather than just going to the local one who faces little competition. By all means ask the local, who may well shine above the rest but seek out a couple of different opinions from various agencies to satisfy yourself of who will give you the best service levels.

The area is extremely floodprone, just look @ the Macca’s, it wasn’t built on stills for the look.

Should be a wide range of properties in that bracket.

Look @ Valla, Woolgoolga & a few spots further inland.

some states allow you to add your spouse to the title without stamp duty imposition. Speak to your solicitors/Conveyancer or the LTO.

you may need to see a specialized accountant like a receiver/administration type who could advise more specifically.

Seek out an alternative lender – maybe a personal loan.

A dud investment is just that. Your best bet may well be debt reduction. Bite the bullet & sell at market value, wear the shortfall & pay it off asap. Your accountant would be able to advise if the debt would continue to be tax deductible.

The upside is that the capital loss can be carried forward & offset against future capital gains.

Remember that you do need to undertake due diligence to ensure you don’t buy a dud again.

PS YOU haven’t inherited the property it was just a bad investment on your part.

What are the levies comprised of? Council rates, insurance, garden/lawns, common area mtnce etc.

Buying an out of favour asset can yield great dividends esp with a rezoning.

Hint, they may ask for $20k off for lino but it will cost nothing like that, even floorboards. Is semi-frameless screens too upmarket for the area? Possibly consider a sleek framed screen for half the price – they’ve got you running on emotion.

yes – get a walk-in robe just for added discretion.