Word on the ground is that prices have bottomed out. Agents reporting that there is more owner occ interest now and prices have stabilised. Not...
I haven't been as actively involved in the toowoomba market since selling one of my properties there last year. From what I can see, the vacancy...
Thanks for your prompt reply. Just confirming, I would be refinancing with another lender whilst it is still my PPOR.. How do the ATO view this...
Hi all, I am looking to turn my PPOR into an IP and have a query RE the tax destructibility of the loan. Current value - $375k Loan - $236k...
Still a bit to go in my opinion. New house and land builds have been drying up. Little demand for this type of product and more so units....
Yep - Still following the market quite closely. Values continue to decrease and rental situation has not improved in he last 6 months. approx...
Not quite sure what you are trying to say here. If it's not vacant and you are so positive about it then you don't require any buffer.... ever.....
I keep $5k per property in the safety of cash. Then any excess funds in the offset and have some defensive shares to draw on in $5k parcels....
What if that property is vacant for 3 months?
I haven't checked since my PPOR loan last year... I was approved for $350k last year and only purchased $295k and my income has gone up approx...
Hi All! So it's been a while since I last posted and I have come here looking for some guidance/advice on my current situation on what my next...
Hi Mick, I mainly look at the sub $300k range but from my observations the reduced rent applies for ALL properties. Nothing is holding its rental...
Hi All, Just wanted to share my experience investing in Toowoomba. The rental market is currently flooded with affordable properties under $300...
Hey all, Thanks for the feedback. I ended up getting the property for $295k. The one next door sold for $349k last year and had a cosmetic...
I don't want to hijack this thread but there is a townhouse for sale on the Gold Coast that I just put an offer on. First listed at $335k then...
Thanks very much for th reply Terry. I first contacted ANZ and they advised that a break free will apply. I will go back to them and ask about...
Hi Angel, Selling costs will come in at about $7k - Break costs about $5k. Selling will free up approx $70k for PPOR deposit.
Developers are building on small parcels of land in the west of toowoomba. this is largely driven by absentee investors. current vacancy rate...
Thanks Peter - I would have thought a small fee would be applicable to transfer the asset but not necessary to break the whole fixed loan... The...
Hey all, So I called the bank today to see if I can transfer securities in my IP loan.. Apparently I would still have to pay the break costs.....
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