Jump to content
SAU Community

Recommended Posts

I wouldn't rent if negative gearing were removed. The number of houses that would hit the market would be obscene, I'd buy one then.

I don't believe that's what happened in the 80s for the time they removed it.

Rents went up and costs passed on to tenants. I know that's what I'd be doing.

My 2c. On low income its fkn hard to affort a deposit for a house. I looked into it and on my wage i need approx 50k min for a deposit and i can get at most 475k. Oh yeah, thats on top of paying 10k a year rent (roughly). Doesnt matter about first homebuyers grant, aparently only applies to new houses being built (may be misinformed?). f**k yeah

My 2c. On low income its fkn hard to affort a deposit for a house. I looked into it and on my wage i need approx 50k min for a deposit and i can get at most 475k. Oh yeah, thats on top of paying 10k a year rent (roughly). Doesnt matter about first homebuyers grant, aparently only applies to new houses being built (may be misinformed?). f**k yeah

Yep I get that and I don't know your personal situation (married, single etc) and it's a hard slog but people do it. Definitely easier when there are 2 of you!

I know when we bought our first place it certainly wasn't easy.

That does bite that first home owners doesn't go towards established houses. Has that changed?

I guess the income part really comes down to the choices that you make in life though. I am far from low income however at times it comes with a lot of personal sacrifices and responsibilities.

I think the thing is you have to look at unit or townhouse, not a $475k house. Work your way up.

I feel like this is a lot easier in Canberra than Sydney (where I think average unit prices are about $400-500k lol!)

Sydney's just ridiculous. I don't know how anyone ever moves out of home. Even if you manage to snag a cheapie unit way out in the sticks, you have to think about your commute. At least you don't have that problem in Canberra!

Yeah Canberra would be an awesome place to purchase a house or even a nice town house. A few of my mates have picked up nice little town houses for around the 300k mark. House and land packages out in Casey were reasonably priced as well.

I agree completely with you both (kat and shell) and i wont be looking at a house here at this point in time.

Not 100% sure on homebuyers grant, just running off what i have heard from a few different people. May well be the opposite...

Yeah man, I use to run the Canberra LANs - really fun place and the iM fellow is pretty sharrrrrrrp. I always outperform at LANs though and competitive matches (Not TMM)....I missed the last comp - my m8 who was going to enter our team didn't haha.. oh well Sounds like you had fun though.

way to change a topic

No, just a giant rip off lol. Can't buy a house for less than $900k-$1mil where we were living in Sydney... and no it wasn't anywhere fancy, it was Parramatta ffs

I agree with getting into the market but I think you still have to see a remote bit of value in what you are buying.... that's why I'd prefer so spend $500k on the same thing in Canberra or Wollongong or somewhere.

Not so easy if you work and commute in Sydney though :(

Also have the option of renting where you want to live and investing elsewhere.

Plenty of ways to get in the market.

Agreed. i have plenty of friends that rent $2M apartments in Sydney but have properties in everywhere from Townsville, Darwin, Dubbo, Goulburn and the like. Diverse portfolios but also houses of all different price categories. Its not a hard game, just need to play it smart.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • Similar Content

  • Latest Posts

    • 2001 BE5D Subaru Legacy B4 RSK (3rd gen) EJ208 (pink injector) Twin Turbo 280PS 5-speed manual Full time 4WD "RSK" grade which means all of the above LQC option which means stock rear spoiler  I got it primarily to export to someone outside Japan who was interested. These BE5 Legacy B4 RSKs are going through a bit of a resurgence right know in Japan as they are one of the few cars from the "turbo, manual, RWD/4WD, 280hp gentleman's agreement era" cars that don't require stupid money to purchase. Which for some people might be a good opportunity to get as a base for restoration. If I can't find anyone to purchase it I will certainly be doing that myself over the long term. Why? Because it's properly fast in stock form, handles well enough for a GT sedan, there's still enough aftermarket and (if you can wait a while) genuine part support to make it a restoration candidate (<-- that will only get worse over time so it's a case of do it now or choose get a BL5 4th Gen). Mechanically it's fine, has only 89,200kms on the odometer. The problem with this car is that the body and exterior trims are weathered from at least the last 10 years being parked outdoors. I'm the 3rd owner, the first owner was the one that had it for 14 years and barely drove it, had a low-speed front impact (which didn't damage anything behind the radiator support) and got it fixed and sold it. The 2nd owner put most of the kms on it and parked it outside for the last 10 years, hence the door rubbers have seen better days but if you overlook those cosmetic details, it presents pretty nicely. There is some minor rust on the LH rear wheel arch which I'll have looked at too at some stage.  Also as you'd expect from a car this age, the clear top coat is gone, leaving a satin finish on the roof.  Mechanically it's fine (as you would expect from a car with less than 100K kms) but the steering does feel slightly vague around the centre position at higher speeds. So first on the list is to get the steering rack bushes looked at. There's also the Lock button on the remote which doesn't work, but the Open button does.... it means that the anti-theft system thinks it's always open? It seems like if you open the car and don't start the engine within 3 mins or so the anti-theft kicks in again without any beeps or signals. So if you got to start it after that, it won't. You have to push the open button again. That's how I understand it anyway. Just a small irritation but not a big problem to sort out. There's only one mod, the Wangan SPL muffler. Just a tad louder than stock. It's a really good mod for those who don't want to wake the neighbours but still want to hear a more prominent unequal length header EJ20 sound. Anyway I hope to get all those things done eventually, that is unless someone wanted to import it to their country from Japan (where I live). I'm open for negotiations as I really would like a Skyline... but this will definitely suffice in the meantime 🙂 *Disclaimer: This is how I picked it up from the dealer, minus the stuff on the back seat. I haven't cleaned the engine bay or done a thorough exterior clean, aside from spray painting the wipers. 
    • Wow, even with the Audi logo centre caps. I love OEM wheel mismatches. 
    • Welcome!  Can't go wrong with a Stag.
    • Looks good. Nice height.
    • Hey all, a little help from the Stagea hive mind plz.. I'm days away from buying either a 2002 Stagea 250tRS AR-X Four, premium leather, power seats and all the old switches etc that go with it, or a 2002 Stagea 250tRS VR-X Four AERO, pov pack, cloth seats etc, with coil overs, sports zorst, comes with original zorst and suspension and parts. (I think I've got the models right?) Both are VQ25DET, have 160000kms, both straight no rust both with $2000+ in recent servicing receipts, both ride on aftermarket 18" rims. The Aero has a replaced turbo as well. I like the cool factor of the Aero car but the AR-X has never been modified. Neither have been driven hardly at all in the last 5 years. Any thoughts on which one or does it come down to personal preference? davemoto 
×
×
  • Create New...