hi thanks for all your inputs. This property is on a good area only 9k from Melbourne city and we plan to keep it for 2 years (already have the tenant there and happy to stay) and pull down to build a new house. The block next door sold for $339,000 last December and medium price for the houses sold in the same street 3 years ago is $250,000. These are all the research we did before we purcahsed this property, hopefully this will give us a good start for our investments![biggrin]

thanks crj. We’ve tried to offer under the quoted price however we only got it for the lowest price on the quote.[exhappy]

I’m very interested in knowing if anyone here have done the same deal (directional transfer) and anything involved in transferring the title.

want2brich