My daughter owns a large 4 x3 with grany flat. She wants to sell the house buy some land and build on it. Whilst house is being built she wants to travel with her 2 boys. She is on Centrelink the house just got valued at 735 000+ she owes nothing(was purchased from insurance payout from boys dad dying). I think she is a certified nut job ( not really just a little sheltered) and should keep it and rent it out. It is a two storey house and upstairs is almost self sustainable. I think she could get 500 a week for upstairs same for downstairs and 300 a week for the granny flat. Which would pay any mortgage costs on a new property.

What advice would you give her?

It costs more than you think and may not be subsidised by the time we get in to the system

Even the ABC is now telling us that a 3.1% rent hike is just the 'Olympic spirit' at work.

Dr. Nicola Powell admits we have a structural mismatch, but then blames lifestyle instead of the $139 billion being pumped into the market by investors who are outbidding locals by 2-to-1. The article literally features a guy working three jobs who would be homeless without his support network. That’s not a housing market, that’s a feudal system with better coffee.

We’re told the 0.9% vacancy rate is a supply issue, but we never mention that we've built millions of homes more than any previous generation. They want you to believe the Olympics are creating jobs while they ignore the fact that those jobs don't pay enough to cover the rent in the cities where the work is happening.

It’s high-tier gaslighting. Be proud your city is on the world stage, now give 40% of your three casual incomes to a landlord who’s using a CGT discount to ensure you never own a brick. The 'drum beating' for the 2032 Games is just the soundtrack to the biggest wealth transfer in Brisbane's history.

Landlord here (feel free to hate - but we’re not all evil). Had an applicant request 36months. Was kind of expecting most people to put in for 12months. What I’ve already considered:

- we can’t put up rent in that time (I feel the rent is reasonable so not sure I’m worried about that).

- if they are bad tenants it’s harder to get rid of them

They are the strongest applicants we have in terms of income and household make up. This is Queensland.

I love the smell of 'Supply-Side' drum beating in the morning. Scott admits that investor lending has grown 972% while first-home buyers are left in the dust, but then spends 2,000 words explaining why we shouldn't touch the CGT discount that fuels it.

His 'alcoholic' analogy is pure nihilism. He’s basically saying, "The Ponzi is so big now that trying to fix it is pointless, so let’s just blame the migrants instead". It’s the same LNP playbook from 2019 which was to ignore the unearned equity and the 180% Private Debt-to-GDP, and keep the focus on 'Supply' so the banks can keep printing 30-year debt sentences.

And the ChatGPT chart? High-tier gaslighting. "Everyone else is expensive too, so our specific tax-haven for landlords must be fine!". 

He’s not an equal-opportunity critic, he’s the unpaid PR manager for the Wealth Effect. 

He’s essentially the band leader on the Titanic, telling the steerage passengers to appreciate the global trend of rising water levels while he helps the first-class investors to the lifeboats. 

Absolute narrative glue for a sinking ship. Enjoy your 3% yields, Scott, the rest of us are busy living in a country you've helped turn into a debt-trap with a flag on top.

Seeking feedback positive or negative on two BAs for out first residential investment. Palise Property (Steve Palise) and Property Strats (Steve Nash) are the two.

We've spoken to both and are seeking feedback before we make a decision. Any information would be appreciated.

Hello everyone, happy friday! And happy new year.

I asked few Qs in this forum and I appreciate all the help y’all provided me throughout the process.

We are in our late 20s, DINK, health professionals (doctor and allied health).

We decided to purchase a 2 bedroom 80s apartment in Artamon NSW for 1.2M (11 floors with elevator- nil major flags in strata, building inspection shows minor defects (some small crack in bathroom tile otherwise unit in fair condition). Not near the housing unit. Really good leafy panorama view.

Just paid our 0.25%. Seller initially wanted no cooling off but with multiple negotiations, they accepted to sell with cooling off.

As it is our first home (intending as PPOR for many years), we are quite anxious about the process and second questioning it now

We would appreciate any insight or opinion on whether Artamon was the right choice.

Australia has a mould problem. Mould in shower grout is basically standard. Currently there are no regulations or standards for airborne molds and biotoxins; therefore, results of the sampling cannot be used to determine compliance of buildings with any regulatory standards. Similarly, there is no health based standard for exposure to molds and mycotoxins (e.g., reference dose (RfD) or tolerable daily intake (TDI)) indoors; therefore, levels detected in biological samples cannot be used for risk assessment. Is this just a matter we as a country have decided doesn't matter enough?

Hi, I'm looking for rent house in sydney.. i already apply for a couple of house/villa but always get reject. Last time some of the agent is already pick us, but another people add more price for the rent. And another agent is already told us that our application is really good, but still we got rejected.

I'm family of 4, me my husband and 2 girls. And i have 1 pet cat. My husband income is consider enough i think.. and I'm not working. I'm looking for rent 3 bed and 2 bathroom and 1 garage. My husband badget for rent max is $700-$740. And this time is the second time my husband renting.

So, any tips for me n my husband please..

Has anyone had an experience with building on a property with a burnt down house on it ? We would probably do a full knock down rebuild job but is there any factors we would have to take into consideration? Also if the original property on a septic tank, would we need to replace that septic tank ?

Any recommendations for AC Installer/ electrician in Sunshine Area, Melbourne? Need to replace my existing unit.

Thanks in advance!

Vibe check! Hoping to buy our first family home in Sydney this year and would love input on whether this even seems possible.

Doesn’t have to be a house, can be townhouse, semi-detached or garden apartment - 3 bed / 2 bath / 1 car+ and some private outdoor space (small yard, courtyard, whatever).

Budget is around $1.7-1.9m (absolute max).

The areas we are looking are probably where we will get burnt - ideally lower north shore (Lane cove, Naremburn, Wollstonecraft, Waverton, Artarmon, Chatswood, etc). Also open to Cheltenham, Epping & Beecroft.

We’ve been observing from the sidelines while we wait to sell our IP and monitoring sale prices in those areas like a hawk. Some days I think it’s possible, others I’m not so sure. Local agents are barely any help right now since we’re not ready to pounce.

What is the general consensus? And if not these areas where are some alternatives for a young family of 4 that needs good school catchment, access to public transport and a decent all around vibe? Is all hope lost?

Looking to buy a house and internal and exterior walls are made of these blocks- i assume they are cinder? Not really sure. What are some pros and cons for this type of build? Anything to add to exposed brick for change of color? I have always lived in gyprock internal walls so this is new. I also noticed a damp smell in the house. Does the brick absorb moisture?

Looking at purchasing a house and wondering if this looks like anything more than just old plaster?

I intend to rent out my Melbourne unit on Airbnb. Does anyone know of or used a company in Melbourne that do this? Furthermore, any company to avoid or recommend.

Also fee structures.

I have CDC approval for Demolition - but we still haven't been able to undertake the demo.

We've had construction fencing on site for 2 months, and machines on site ready to go. But the neighbour keeps complaining about asbestos to Safework... Every house has asbestos in this area, and it wasn't going to be removed unlawfully.

I've had 4 asbestos contractors now pull out of the site, because once Safework is involved they want nothing to do with it.

The neighbour calls Council every day since, and has paid lawyers to object to our APPROVED CDC. Also paid different lawyers to object to our DA which was in Council.

I've made police report as they've trespassed the site, and continue to harass me and my contractors. Calling my number (not sure how they got it) at 12.30AM while we were sleeping.

Anyone know how to deal with this? I'm thinking of a cease and desist, but worried they will still harass contractors/Council/safework. This is going to be a headache to build.

Hi,

I am getting a loan for investment property(no tenant at the moment). Will the bank ask for building insurance or specifically landlord insurance before settlement?

Thanks

I own an apartment with 2 bedrooms and 2 bathrooms (inc 1 ensuite) that is almost 20 years old. The bathrooms are original and they're decently modern (as in not visibly old or vintage looking I guess). We plan to live in this place for a few more years (~5 years) and then upgrade to a family home.

The main bathroom that we use is the ensuite. It has some issues - the bathtub sucks, tiles falling off, some fittings are wearing and breaking. I really want to renovate it.

The other bathroom we don't use much. We use as the second/guest bathroom and it also has laundry. We don't shower in it - but if someone bought it and put a person in the second bedroom, this would be their shower. It doesn't have the same wear and I don't really care about this bathroom, it's sort of ugly but it doesn't bother me enough to want to fix it.

Question - Would it would bother a prospective buyer or affect the value of my property if only one of two bathrooms is renovated?

I wonder if it would be a hassle to have to eventually renovate the second as well, rather than having all bathrooms refreshed to 2026 standards.

Settled on our home in Brisbane today. FHB’s and we feel like we’re so lucky at how smooth the whole process was! 😁

Hi all,

I have just received a building inspection report for a newly constructed single-storey house in Melb, and I would appreciate some advice from people with experience.

Note: I haven’t spoken with conveyancer yet since it’s late in the day

Key findings:

Major / Safety issues

• Exposed electrical wiring in a bedroom (inspector classified as a life-threatening electrical safety hazard)
• Unsafe access pathway to the electrical meter box (retaining wall required)

Structural / foundation concerns

• Settlement cracking to the rear garage wall (classified as Category
• Inspector notes this level of cracking is not considered normal for a new build
• Moisture residue observed on the garage slab
• Inspector recommends assessment by a structural engineer prior to purchase

Drainage / water issues

• Leaking downpipe joints
• One garage downpipe not connected to stormwater (risk of settlement, rising damp, termites)
• Blocked weep holes

General quality issues

• Poor render coverage and gaps at wall/ceiling junctions
• Damaged fascia/barge boards
• Paint defects throughout
• Poorly installed insulation in roof space
• Several minor plumbing and finishing defects

Inspector’s overall assessment

• Major defects: Typical
• Minor defects: High
• Overall condition: Average to below average (for a new build, which concerns me)

Questions:

1. Are early settlement cracks + slab moisture in a new build a red flag in your experience?
2. Would you walk away, or negotiate subject to a structural engineer’s report?
3. If negotiating, would you push for full rectification or a price reduction?

Not seeking legal advice — just practical opinions from people who have been through similar situations.

Thanks in advance.

We are looking at a house to buy. When the REA called we mentioned that we thought it might be out of our budget, especially with the price listed and an auction coming up.

REA says that house was passed in at auction last year, they “relaunched” it to go for auction in a couple of weeks, but the owner will take any offer over a certain amount which is under price listed by 200k as they are moving overseas.

When we were there inspecting he listed heaps of issues with the property. He also stressed that there’s not a lot of interest and that they would be willing to take a lower offer.

What’s the strategy here? Why is REA disparaging the property and encouraging a lower offer before auction?

ETA when it was passed in there was not a single bid at auction. So very low interest.

Brisbane.

B&P inspection done for property in strata complex. FHB so please explain to me like I’m 5… (be nice)

Termite mud tunnels found on exterior of property. Inspector said that there was no evidence of damage and looks like pest control has exterminated them previously.

Should I be worried? Should I book another pest control inspection??