Recent content by ndonnelly

I am no economist, but IR rise in an attempt to cool and overheating economy. I am yet to see any reason that we are anywhere near taking that step. Its the opposite. 8%? What could possibly be on the horizon that could lead to this scenario in the short-medium term? There were high IR pre-GFC...

Sometimes I wonder if all investors entering the market have this mindset. I am no expert by any means but I would assume that everyone knows that buying now means very low yields so capital growth is the key. If you were a a baby boomer looking to retire soon or already retired and ploughed...

Whilst strata is high if you look around you can find places with ok rates. I bought a 2 bedda with $650 pq and $100k+ in the sinking fund. Some others I looked at were very high. I cant see Aquis not happening. It is far too valuable to the local and state governments. To be honest it is far...

I live a couple hundred metres from Marrickville train station which is on the same freight line. They are not that bad to be honest. At first I was pretty worried but like anywhere with noise you get used to it. Have prices moved in the area regardless? Yes. So what is to stop that happening...

Surely the timeframe of AQUIS is a big factor. If building the project runs for almost 10 years with a massive labour force required then you would expect a big jump to start with everyone trying to get into the market. Then consistent growth until completion. At a minimum the low vacancy rate...

PS all loans are with same lender

So what you are saying is that if I take out $100k from Unit 1 (in the form of cash rather than collateral equity) then my mort on that property will go up by $100k but the mortgage on the home that I buy will decrease by this amount. However there will be no technical link at this point between...

Hi Guys, Thanks so much for your responses. It has given me alot to think about. Some of the points I would like to ask a little more: - Drawing out equity as cash - so the theory is that the equity that gets pulled out becomes seperate from the property that it has come from. It then...

Just need to pick the brains of a few experts on an issue I have At the moment I have the following: Unit 1 (currently residing) Value $600 Mort $340 Unit 2 (investment) Value $135 Mort $135 Saving available $65k I now want to buy a house for $550 for my expanding family without selling Unit...

I heard recently (and confirmed online) that you can earn qantas frequent flyer points on your repayments when your loan is with mac bank

I just want to expand on your theory of waiting. If the market cools, great, but a property now compared to a property after 'cooling' is not going to be cheaper I would have thought.

Yeah I hear what you are saying but here is my $0.02 on that theory. At the end of the day you might be a person with x budget that means you might be only able to only buy into x suburb. There might not be the best schools or the best shops but if enough people move into that suburb with...

What is the buyer activity like up there Jen?

If I read that article correctly then the staff accomm is not going to be built and accomm will be sourced from within the cairns area. With a vacancy rate around 1% and thousands of staff requiring accomm rents are going to go into the stratosphere!

I also hate how they quote rental return rates at xx% when they do not take into account ANY of the expenses relates to the property. They prob do not mention how quickly strata will go up after a few years when builders insurance expires and the lift breaks down every 5 mins and the pool needs...