Property Investment Q&A

  • An investor with a $450,000 budget is looking for advice on what and where to buy in Sydney. Read on for the interesting tips that the Your Investment Property online forum community sent their way. read more

  • When you buy off-plan units, is there a way to calculate the right price for an off-plan project in a certain area? Or is there a guideline to compare the price of a brand new apartment to that of a five-year-old apartment with similar features in a similar location? read more

  • I know that depreciation doesn’t apply to properties built before 1985, but what about renovations done since then? If I install a new kitchen for example, can I start claiming depreciation on that because it was installed after 1985? read more

  • I’ve had the same tenant for three years and haven’t increased the rent since he’s been there. I’m starting to feel the pinch financially with my mortgage and need to up the rent. My problem is that the tenant said he’ll move out if I do and I don’t have a buffer in place to deal with even a short vacancy. How can I manage this situation? read more

  • I’m eager to start picking up more investment properties, there’s just one problem: I’ve recently become self-employed and worry about my ability to get finance. What can I do to reassure the bank that extending me a line of credit is safe? read more

  • My wife and I own an investment property in Sydney. We’re renters ourselves, but want to move into the investment property to save more. What would happen if we lived there 3-5 years? Under current tax law, could we turn it back into an investment property after we move out and buy a PPOR? read more

  • We’re looking to get an investment property and are thinking Warrnambool, Vic. Some houses there are ex-commission selling at a cheaper rate. They’re in decent knick, but I worry that the value will be stagnant compared to other houses in the area. Can these types of houses be good investments? read more

  • A week before we were set to settle on a property, the seller died and my solicitor told me the settlement would be cancelled. We could just walk away, but we considered the sale a done deal and bought materials for a sizeable renovation. What are our options? If we do decide to walk away, how can we speed up the return of our deposit? read more

  • I’m married with three children and looking for my first investment property. We’re both self-employed and own our home outright, worth $450k. I have a deposit of $120k and pre-approval of $400k. Knowing this information, would a buyer’s agent be beneficial? read more