All Topics / The Treasure Chest / positive gear property

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  • Profile photo of stephenstephen
    Member
    @stephen
    Join Date: 2003
    Post Count: 2

    hi guys., does anyone know a suburd in vic- that you can buy a house for under $100.000 and positive gear it out now in 2003?????????[:)][:)]

    Profile photo of MissLilyMissLily
    Member
    @misslily
    Join Date: 2003
    Post Count: 7

    Hi Stephen,

    There isn’t a Melbourne suburb that you could purchase at $100K the cheapest is Laverton at around 130K upwards – BUT BE WARNED! – there is also around 200+ properties for offer on rent.

    Think wider than Melbourne and even though I’ve been just a few hours late on making a successful offer It will happen…

    Good Luck, Regards and Best Wishes

    Profile photo of DanTheManDanTheMan
    Member
    @dantheman
    Join Date: 2003
    Post Count: 100

    Same question for Sydney or there abouts please. Not so fussed on the $100,000, but does anyone know anywhere in or near sydney where you can buy a property that is positively geared from day one?

    Dan.

    If you want an extraordinary life you have to be prepared to do things that ordinary people aren’t prepared to do.

    Profile photo of maximusmaximus
    Member
    @maximus
    Join Date: 2003
    Post Count: 189

    Hi guys. Don’t think that you would find a positive house in Sydney. Possibly NSW, but very doubtful Sydney. In saying that, I’m in consolidation mode at the moment, so haven’t been looking too hard, so who knows…..

    All the best

    Marty

    Profile photo of ArtyArty
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    @arty
    Join Date: 2003
    Post Count: 884

    How about the old houses in Braybrook (ex government homes…etc), its not the nicest area though. Or Sunshine way, I havent looked for prices there, but the area is old, you may find people that have been living there for years.

    We were lucky enough to pick up a house in Brooklyn for $140K 3 years ago before the prices started to increase sharply.

    [8D]

    Profile photo of puissancepuissance
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    @puissance
    Join Date: 2003
    Post Count: 72
    Profile photo of stephenstephen
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    @stephen
    Join Date: 2003
    Post Count: 2

    quote:


    How about the old houses in Braybrook (ex government homes…etc), its not the nicest area though. Or Sunshine way, I havent looked for prices there, but the area is old, you may find people that have been living there for years.

    We were lucky enough to pick up a house in Brooklyn for $140K 3 years ago before the prices started to increase sharply.

    [8D]


    Profile photo of stephenstephen
    Member
    @stephen
    Join Date: 2003
    Post Count: 2

    quote:


    How about the old houses in Braybrook (ex government homes…etc), its not the nicest area though. Or Sunshine way, I havent looked for prices there, but the area is old, you may find people that have been living there for years.

    We were lucky enough to pick up a house in Brooklyn for $140K 3 years ago before the prices started to increase sharply.
    hi, thank you for all your replys , what do you mean by (ex government homes)??how do you go about finding these type of house,s.
    [8D]


    Profile photo of Brent1Brent1
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    @brent1
    Join Date: 2003
    Post Count: 14

    arty2003, where abouts in Brooklyn?? My parents got in there about 4 yrs ago….

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