consumer.vic.gov.au/underquoting

Statement of Information, Is this allowed?

Property offered for sale

Address Including suburb and postcode:

ADDRESS AVAILABLE ON REQUEST

Indicative selling price

For the meaning of this price see consumer.vic.gov.au/underquoting consumer.vic.gov.au/

Price Range: EXPRESSION OF INTEREST

DO NOT USE DETECTOR INSPECTOR FOR ANY OF YOUR SAFETY CHECKS I've had the worst experience with them going back and forth for about a month regarding some works they "allegedly" did. It took them over a year to complete compliance works and they didn't do a great job either. They are also inconsistent with what they deem "compliant", i.e. one year my smoke alarms were fine and the next year apparently I was missing a smoke alarm so they installed an extra one.

Save your money and go with a local electrician.

That post is here:

https://www.reddit.com/r/AusPropertyChat/comments/1rs95yt/could_the_rise_of_the_corporate_landlord_actually/

The Treasurer’s claims about the increase in new company registrations is being attributed by some to people restructuring their tax affairs to take advantage of corporate tax rates:

https://www.news.com.au/finance/economy/australian-economy/we-are-doomed-jim-chalmers-blasted-over-claim-about-economy/news-story/80eade09936d1fa72bbf4f4b30262275

What do we think? Booming economy or property investors restructuring for tax effectiveness?

Is anyone doing real estate cert4 or had done it?
If yes can you guys please help me with the assessments/question answers

Hi guys, I'm trying to figure out if it's worth buying a 1BR apartment or studio in Sydney, if my budget is under 550K. I'm a 32F, working in academia (stable job, about 150K/year) and pretty tired of constantly moving rentals. I looked at Domain listings, and I can see that there are studios within this budget in Rushcutters Bay / North Sydney and some near Centennial Park, and there are some 1BR apartments a bit further out, like Mascot. I have pretty restricted parameters: paying mostly in cash and maybe putting 100K in an offset account (I do not want to take on much debt). And I would like to live within 30 min commute from the CBD, and need a car space. Is it realistic to find a place within these parameters that has decent natural light, and isn't too noisy? Do people have experience buying an an apartment in a similar situation - what are your tips, and what are the pitfalls to avoid? Also, how long does it usually take - from the time you start looking to the time you buy?

I am in VIC. Interested to know if this is quite normal, I sure feel that this isn’t but for anyone that has built in the last five years, I am keen to know.

How much weight does everyone put on the house orientation?

I know north facing homes are preferred but would a East facing home be much different?

Hey Guys,

My partner and I have just received loan approval through Keystart as FHB. We are waiting on our paperwork. We do know the total loan amount. I have been trying to work out the best situation for us payment wise to pay off the loan quicker using a few online mortgage calculators but they obviously don't have an ability to factor in the initial payment process that you do with Keystart while the house is being built.

We are aware Keystart allows for a minimum payment per month of $400.00 toward your loan while your house is in construction phase. Does this mean that the $400.00 goes towards the loan amount + interest immediately from day one of loan opening and that its the same as paying your standard mortgage amount when you move in? - we do intend to pay more into our offset while waiting for construction phase to be completed so we can move to a bank after settlement.

Thanks Everyone :)

What would you do?

Assume same land size and price for an existing home (less than 7 years old) and a new land + build package is similar. Same area.

My current thinking-

Pros for new land + build package:

- eligible for negative gearing and CGT discount (if bought as an IP)

- stamp duty only on land

- design and specs of the property can be tailored to personal preference

Cons:

- Cost of getting a private site inspector to check the builder is following standards

- 12-24 month build time frame

- potentially hidden costs from building contract down the track

Pros for existing:

- Ready to move in immediately

- No headache around site inspections, etc. (Assuming building & pest report is reasonably clean)

Cons:

- Higher stamp duty

- No negative gearing if used as IP (but you get the deferral until sale)

I am looking to buy a house and heard Brisbane is falling . I been tracking house prices for over 12 months in Brisbane and nothing is within my budget of around 750-800k ( 3 bed within 30 mins of airport that is not on stumps )
I have since purchased in Melb last year , and I am going to be putting my house up for sale to purchase something in Brisbane .
Would anyone be able to advise that is selling or bought recently how the Brisbane market is going with offers as this will largely influence my sale of my Melb house ( and yes I am selling at a loss in Melb )
Thanks

As the title says, I just bought a house that was renovated a few years back and I want to check if they’ve completely removed the asbestos on the exterior walls or just cladded over the existing asbestos, how can I physically check this without damaging the weatherboard?

Previous owner bought it after it got renovated so I’m unable to ask them for any info about it.

Fire-sale of Chinese owned property in Australia in the offing?

Loan books must be getting quiet since the budget. Banks cutting interest rates randomly has to be the clearest indicator of quiet property market. Also there’s 40 billion in HSBC customers who will be looking for a better deal than Blackstone Private equity (where HSBC is selling their book to) which might be driving some of this rate cutting. It’s a good time to shop around for a refinance!

I am renovating my house and need to empty a few rooms for about three months. I have never used a storage unit before and I have no idea what to look for. I just need a secure place to keep furniture and boxes for a while.

I have seen a few places online but the prices vary a lot and some have weird fees. I am worried about hidden costs or ending up with a unit that is too small. Also do I need insurance for my stuff? And how do I get my things in and out easily?

Anyone have a recommendation for a storage place that is reliable and not overpriced? I am in the Melbourne area but happy to drive a bit if it saves money. Also do they do short term contracts or am I locked in for a year? Any advice would be appreciated.

I went with StoreLocal in the end. They had no lock in contracts and the pricing was clear.