Spud1 replied to the topic Multi Lot Subdivision Costs..?? Help in the forum Help Needed! 16 years, 9 months ago
Hi Ben What is the minimum lot size they will allow, so i assume Mixed Use can have just about anything including meduim density housing on 400m2 lots?
Spud1 replied to the topic Multi Lot Subdivision Costs..?? Help in the forum Help Needed! 16 years, 9 months ago
Hi Ben Just out of curiosity, is the land zoned rural residential? (no town sewerage) That is the zone I live in & land cannot be cut smaller than 10,000m2. But I have heard in certain cases the caouncil will approve as small as 1500m2 but not smaller as there is a minimum size required to adequetly absorb the water from the septic ta…[Read more]
Spud1 replied to the topic Creating a msn list for porperty investors who want to communicate with each other :) in the forum Help Needed! 16 years, 9 months ago
Spud1 replied to the topic We are on the Market & Ready to join the IP world! – all opinions would be great! in the forum Hi Robbie & Rachaellee.
What 16 years, 10 months agoHi Robbie & Rachaellee.What I would do is change you mortgage to interest only, & rent out the town house, with deprication & claiming interest, I roughly workout with a rent of $240 to $260 your townhouse with be nuetral geared, so why get rid of it?With the huge income you have you can still loan a substantial amount.
Spud1 replied to the topic Property Clock where are we at the momment? in the forum Hi 16 years, 10 months ago
Hi Michael Thank you for your response, & the excellant article, this leads to my next few questions, since by your article Melbourne is still in the upswing, when do you predict the peak will be? I noted your concern with the rapid growth around the CBD & suspect you don't believe this sort of growth is sustainable? …[Read more]