Jump to content
SAU Community

Recommended Posts

Both can make you money just differently.

Capital growth gives you a big payout (minus capital gains tax) if the property shoots up in value.

Whereas high rental yield will pay off the mortgage repayment allowing you to borrow against it for another property etc. if the rentals are paying themselves off, eventually you'll have a steady stream of rental income trickling through as profit.

Yeah the second one sounds more like what I want... Can't see the value of the properties going up that dramatically any time soon.

What's the go with the 5 year stuff, buying a house withn 5 years old etc, for claiming depreciation or whatever...if you buy a 4 year old house, does that mean you only get a year of whatever that claim is...

Or you buy an old property, Reno it with your tradie contacts & either flip it or rent. If you flip it you will have to pay 40% tax on the profit else just rent it for a larger sum which puts it close to the mortgage repayment.

Yeah the second one sounds more like what I want... Can't see the value of the properties going up that dramatically any time soon.

What's the go with the 5 year stuff, buying a house withn 5 years old etc, for claiming depreciation or whatever...if you buy a 4 year old house, does that mean you only get a year of whatever that claim is...

No idea in that space. Only have experience with old properties.

Anyone can buy a newish house and rent it. Put in the extra effort and buy a project to reno & get more rent for your buck.

cbf with renos at the moment... looking to buy something ready to rent... or consider building if that worked out more profitable somehow...

Buying off the plan can work out better however you'll have to wait until it's built. Buying a house and renting to a family could give a better rent:mortgage ratio than an inner-city apartment to a single person.

Speaking of houses, got any tips for good areas to buy an investment property Alex? Jess suggested Altona Meadows, anywhere else? Tarneit any good?

Yeh depends what your after - I wouldn't go altona meadows myself i think seabrook has potential can get a good size block with a house on it for under $400k surrounded by suburbs that similar blocks cost $300k+ alone

With so many people trying/doing exactly the same thing (buy, rent out, negative gear, buy again) where will the market go? The rental market is flooded with houses at the moment, a lot of them overpriced because people need the money to pay off the mortgage.

If rent is so much cheaper in the CBD than the burbs, i think rental prices are going to spread from the cbd outwards and shrink purely because there are so many investment properties & town houses popping up. Especially when a lot of older folks are trying desperately to make up for their lack of super. That plus foreign money snapping up properties... Somethings gotta give in the next few years.

I reckon every 3rd-4th house i inspected last month had a for lease sign before even the For Sale sign had been taken down. It doesnt look good because you know the owners havent done much/anything to the house and are possibly going to be tighter than a ducks butt when it comes to costs.

lol @ the block first world problems ... My owners would be doing back flips to get 10k, 40k over reserve! Shit even to get reserve!

101%

mopst of my properties that go to auction do not hit reserve.

Speaking of houses, got any tips for good areas to buy an investment property Alex? Jess suggested Altona Meadows, anywhere else? Tarneit any good?

Altona North, right on the border of Williamstowm/Newport has a few bargains left over your side if you want to play the capital gains game...

rent it for a larger sum which puts it close to the mortgage repayment.

This is hard to achieve without extensive work done by yourself (then you have to value your own time)... Even interest only

Hi jezza

How's the band going

Thought the same.... lol'd

Strongly advise not to buy off the plan apartments / land etc

This.

Yeh depends what your after - I wouldn't go altona meadows myself i think seabrook has potential can get a good size block with a house on it for under $400k surrounded by suburbs that similar blocks cost $300k+ alone

Have you tried to drive in and out of Seabrook? It takes me almost half an hour to drive from Altona Meadows to Seabrook Blvd after work and it's like 5km...

tried newish burger joint in Huntingdale: Burgled.

burgers are under $15 and were pretty tasty.

Had a japanese-style? fried chicken burger with asian slaw and wasabi aioli. $11. quality sweet roll. do recommend.

next SAU monthly meet. they open late and huntingdale is dead after hours. plenty of parking.

Guest
This topic is now closed to further replies.



  • Similar Content

  • Latest Posts

    • Apologies for the long post, but needed somewhere to lay out the entire timeline of events and actions taken:   I've got an 89 GTR with a R34 RB in it. It's been running great all year, driven probably 500KM in the last month. It's not my daily driver, just a weekend fun car.    Build info: R34 RB26 - HKS 2.7 stroker kit, HKS adjustable cam gears, HKS turbo upgrades, Trust intercooler, R34 factory DENSO 440cc injectors, JUN chipped/tuned R32 ECU. All of this work was performed in Japan back in 2019.    Thursday 10/2/25 - It's a nice day and decided I'll drive it to work, I start it up in the garage and I notice it took a few extra cranks and sounded a bit funny. I figure maybe it was just because it was a pretty chilly morning. I pull it out into the driveway to warm up a bit before leaving. As I leave the driveway, it feels very off and sounds like a misfire. I pull it back in the garage to deal with after work and take the daily to work. I was able to diagnose it as a cylinder 5 misfire with the old spark plug test (unplugging each plug until a sound change with the engine running). I take off the whole ignition system, ignitor, plugs, spark. *Important note, it is still on the R32 ignition system with the separate ignitor system. I test each system with a multi-meter and nothing presents as a smoking gun. I put it all back together and it starts up no issue. I go ahead and order the PRP R35 ignition conversion kit. It should arrive today (10/13/25)   Friday 10/3/25 - Another nice day, car starts up great and drives great all day. Very pleased that everything seems to be OK   Sunday 10/5/25 - Decided I'll take it to play some golf, load up and drive to the course about 25 minutes away. Drives wonderful the whole way there, I pull in the parking lot and the engine completely comes to a stop. I do not recall if it sputtered at all, but just remember all of the sudden the engine was off. I roll it into a parking spot, try to crank it back on and nothing.  It'll crank and crank and not even try to start. End up getting it towed back to my house and push it up into the garage.    Items I have checked: Fuel in the tank Fuel Pump relay Fuel pump fuse  Spark Plugs & gap Coil packs Ignitor    I know the cylinders are getting fuel as the plugs smell like fuel after a start attempt. I tried spraying starter fluid into the manifold and cranking and not even a sputter.    I decided to do the live CAS test (removing the the CAS, ignition on and spinning the CAS stalk to see if the injectors pulse and spark is active). All of the injectors were pulsing and I have spark at the plug. The half-moon end of the CAS did seem very loose, I'm not sure how much play is supposed to be there, but it was more than I expected. There was no in/out play of the shaft, just the tip end that is pinned on had quite a bit of play.    CAS Play video   When I put the CAS back in, I stupidly did not re-time the engine. I know I need to do that tonight, however, I do not think it will start given it seemingly was not the issue. My plan is to do the PRP R35 coil kit and retime the engine at the same time.    I plan on ordering the Haltech Nexus Plug-in ECU once they are available again, but ideally would like to get this sorted before firing the parts cannon at it and potentially adding more variables.    Anything glaring that I am missing here, I'm a bit at a loss?          
    • Get it on a dyno. Get something logging Consult. Run it up and find out what is causing it.
    • Looking for a plenum for rb25 de+t neo  Not looking to push much power maybe 300kw at the wheels, is there much difference in flow for Freddy “Greddy style” compared to original Greddy or options like Proflow or Otaku garage?    I won’t be porting the de Neo head for now as I think it’ll be fine 280-300rwkw but appreciate the help and any experiences anyone has between them and any advice. Thanks  Looking at this plenum for now below 
    • engine wise almost no mods: stock ecu Greddy front mount intercooler Greddy forward facing intake w R33 TB stock fuel system, stock injectors, rail etc. Kakimoto racing hyper 3 inch exhaust system Apexi intake filter New NGK –R BCPRES (.8 gap) plugs  
    • Nice one @Pac - looks like a fair few 1600's there! 
×
×
  • Create New...