Hi Toni,yes, have considered inner city close to CBD, but I am not wanting to take such a risk, the amount required to purchase there (400,000 – 600,000), for my first venture. Still, am open to review that point of view. Cheers.Mark

Hi Richard,would it be possible to get a report on Moe and Christies Beach? Cheers.Mark

sophieh wrote:
Well then why not invest and stay where you are, have that as your long term goal Ipswich is apparently another area that will be increasing in value over the next couple of years..

Yes, that is the goal…Ipswich? Any particular area, as it's a rather larger region…almost 3000 properties when including all…[Read more]

Just to add….we pay $1780 a month rent..I get $115 a week  x 2 (total of just under $1000 a month) from the two Japanese students I have here….that reduces my rent quite some….all that luxury/convenience is hard to give up for that outlay….cheers.Mark

sophieh wrote:
Could you afford to buy a property in the area you currently live in? If so, I would potentially look at that option.. rather than having to pay rent money. I also look at interest only as a better option that renting aswell, but I would only do interest only if you are quite confident that there is going to be substantial growth…[Read more]

Not a lot of advice coming forward here..did I perhaps ask in the wrong section? Were my questions perhaps to generic or not enuff info? Cheers.Mark

Damn, am I reading that right? $90 for one report, or is that for a year's access? Cheers.http://www.residex.com.au/index.php?content=postcode&from=lhsmenuMark

Hi,how does one get this report? Is there a link? I tried googling, but nothing concrete. Cheers.Mark

maree_bradross wrote:
sorry this is going to be PPOR – my gf bought in Seaford at the start of the year when prices were still high and hers is positive.Ours was tenanted at $275 a week but needs modernising – the previous owner purchased for $265k 2 years ago and we got it at $284k settlement within the week

Ok, great…thanx

maree_bradross wrote:
Don't know much about Salisbury – haven't been there is almost 20 years. But think Frankston is a good option (certain areas – south) – a huge marina is about to start being built end of this year.We just bought in Seaford which is the next suburb back towards Melbourne – 2 bedroom townhouse across the road from the beach,…[Read more]

Want to add, I've recently been considering an IO loan. I realize that this would be riskier and would require probably selling 7-10yrs down the track. Please, thoughts on this as well. Pros/Cons etc. Cheers.Mark