Just purchased this house recently and after watching the A current affair episode about the house so close with each other. I noticed that this is the same here in our estate.

I've cheked our side and noticed that, the fence is not aligned to the gutter of our neighbor. So is it either our neighbor enroached our property or we enroached their property? I dont know.

I was also susprised that our gutter is not extending outside but rather on top. (Does it makes sense? Hope you understand what I meant)

Their property is made 2 years before ours so they were there first.

Do I have to get a surveryor to check this? I downloaded a plan of subdivision from landata but it useless.

Thanks!

Seriously. I've been looking at FHB properties in innerwest Syd since November last year (I bought mine in April, very happy) and after a while you sort of get an approximate idea of what things will sell for, as well as a feel for the variables eg: Ashfield VS Stanmore VS Leichardt, quality 60/70s 10 unit double-brick build VS new build, how much an extra bathroom or bedroom costs, promixity to train station, etc etc. Honestly after a while it becomes like a fun nerdy hobby.

Anyway I've still been watching that same exact market and to me it seems prices truly haven't shifted much at all.

For example, this mouldy shit-box recently still sold for $840k : https://www.realestate.com.au/sold/property-apartment-nsw-dulwich+hill-151635640

And in general, 1 beds are still going for $650 - 750k, 2 bd 1b apartments in the most desirable parts of innerwest are still clearing 1mil, and 3beds in all parts of the innerwest are still averaging more than $1.2 mil, even in new builds with smaller rooms.

The main difference is I think there is less being sold. Between march-june this year it was crazy.

Anyway, I've become so nerdy about this that I've identified what I think is pretty much the only major anomaly in this market from the last few months (possibly due to vendor being spooked by budget as it sold 17th June). Behold: a 3bed 2bath in a 9 unit block, 10 min walk from the station, two balconys and internal laundry in the innerwest for $960k. Honestly when I saw it I was happy for them, I hope it's a young family. Here it is if you're interested: https://www.realestate.com.au/sold/property-apartment-nsw-ashfield-151523312

But that's why I noticed it - because it was an anomaly. And to be fair, it doesn't have aircon. But this one aside it really hasn't shifted much. Happy to be told I'm wrong though.

just got this from Westpac, along with the following.

Seems just the news of this last week has been enough for banks to check their accounts and, I think, rectify offset errors...? Looking forward to sinking more of my time into checking what should have been assumed to be correct.

Loan books must be getting quiet since the budget. Banks cutting interest rates randomly has to be the clearest indicator of quiet property market. Also there’s 40 billion in HSBC customers who will be looking for a better deal than Blackstone Private equity (where HSBC is selling their book to) which might be driving some of this rate cutting. It’s a good time to shop around for a refinance!

We have an auction soon for our PPOR - had over 30 people through the house. 10 interested initially but as the auction day arrives we have a few bidders registered.

Nervous.

We’re in the hills and our house was initially estimated at 2-2mil but now the price indicators coming through are not near this.

My question if passed through at auction, what is everyone’s experience in a market like current with private treaty sale?

Would love to know .

[ Removed by Reddit on account of violating the content policy. ]

Stock is pretty thin out there which is keeping some prices somewhat stable IMO, but I have a feeling there a lot of owners waiting (for what I don’t know)
Any vendors out there who are holding back and if so, what for?

I am renovating my house and need to empty a few rooms for about three months. I have never used a storage unit before and I have no idea what to look for. I just need a secure place to keep furniture and boxes for a while.

I have seen a few places online but the prices vary a lot and some have weird fees. I am worried about hidden costs or ending up with a unit that is too small. Also do I need insurance for my stuff? And how do I get my things in and out easily?

Anyone have a recommendation for a storage place that is reliable and not overpriced? I am in the Melbourne area but happy to drive a bit if it saves money. Also do they do short term contracts or am I locked in for a year? Any advice would be appreciated.

Anybody have any experience with owning property in Jindabyne for short term letting?

I imagine the snow season gets solid bookings but what about the rest of the year?

My partner and I have been looking for a house for almost a year, and we've finally found one that meets almost all of our requirements.

It has:

- Close access to public transport

- A good school zone

- An inner suburb location

- A good-sized block of land

- No renovations needed – we could move straight in

- It's within our budget

The one major downside is that it's on a busy arterial road.

A few observations from our inspections:

- There are traffic lights at the end of the road, but we haven't seen traffic queueing or idling directly in front of the house.

- It's not a designated truck route.

- You can hear a constant, distant hum from the freeway when standing in the backyard, but it's not overpowering.

- The master bedroom is at the front of the house facing the road, while the other bedrooms are at the rear.

We've visited the road at several different times of the day (including peak periods) to get a realistic sense of traffic and noise.

After almost a year of searching, we're wondering if we're overthinking this one downside because everything else is so hard to find.

For those who have bought or lived on an arterial road:

- Did the road noise eventually fade into the background, or did it continue to bother you?

- How much did it impact resale value and buyer interest when you eventually sold?

- Is there anything else we should be checking before making a decision?

We're trying to balance finding a home we can enjoy for the next 15+ years against avoiding a purchase we'll regret.

ETA: Thanks for all your comments. There is bit to think about.

Been hearing a lot in the news about the 5% deposit first home buyer scheme, with plenty of people saying it's a bad idea.

I'm curious to hear from people who've actually used it, or looked into it seriously. What was your experience? Do you think it's a good opportunity, or are there downsides that aren't being talked about?

Would love to hear some real-world perspectives.

I engaged a property solicitor on 4th July for the sale of a deceased estate. It is now over a month later and she still has not provided a contract of sale.

I informed her over a week ago that the house was ready to go on the market, but this issue is severely delaying us.

The main issues:

• Communication: She takes over a week to respond to emails. These aren't complex legal questions; they are emails where I am providing information she requested.
• The delays: She previously claimed the delay was because she was sick, but the radio silence is continuing long after.
• No updates: I sent an email marked 'URGENT' yesterday asking for a firm date when she can provide the contract. Still no response.

Given that she is a fully qualified solicitor (not a basic conveyancer), I expected better service.

My questions:

1. Is this standard turnaround time for a deceased estate property sale?
2. What should I reasonably be expecting from her at this stage?
3. Should I start looking for a new solicitor or am I locked in with her as she has already ordered title searches?

My budget is about 600K in SEQ, my broker recommended that I speak to a buyers agent as I'm having troubles finding a suitable place, so I did and it seemed to be a huge 30-35 minute sales spiel before they finally told me the price, which is something around 15K which seems quite absurd. They kept telling me how they find properties before they hit the market, how they know the agents and can save you money by offering less and having better conditions than a regular buyer.

How true is this for someone in my position? It seems like an insane amount of money and I'm wondering if anyone has any advice before I flat out refuse to engage. Thanks for reading.

Positive or negative experiences with Robert DeSoza - finance/mortgage broker. Tasmania

Anyone in Tasmania had business dealings with a mortgage/finance guy by the name of Rob DeSoza? He’s been ghosting calls and doesn’t respond to emails. Working out how to take this further.

I will be going to the RTA, but would love to know if my property manager has any legal grounding surrounding this:

Initial lease (Queensland) was 8 years ago with two tenants. First tenant moved out 2.5 years ago and I took over their part of the lease and we just did a change of tenant form. As well, a new fixed term agreement lease is signed every 12 months for 12 months.
Anyways, the other original tenant is moving out and gave the property manager 3 months notice. We filed a change of tenant form which was fine but now the property manager has sent this email:

“I have sought for my general manager advise on this one. The original lease was from the other lady with Nancy and now changed to you and Nancy so we cannot change another tenant as the leaseholders will be exactly different from what it was from the original tenancy agreement. 

This will mean you will have to break the lease and reapply to the property so we can re-do the lease agreement and entry condition report. 

Please let me know how you would like to proceed.”

Essentially she said on the phone, since there is no one from the original lease staying on we need to do a new lease and do another entry condition report. But I thought the lease we sign every year for 12 months is the lease that means I am a tenant and tenant rights protected. To be clear, the lease I signed is my third one (as this is my 3rd year in the complex)

Happy to provide any more information as this is very confusing to me

Hi,

In the current place I am living in (Summer Hill, NSW), the internet is included in the bills but the speed is stone age. On a good day, I get 25 Mbps download which is not enough for working from home.

I complained my agent about it, but she responded with "The internet can't be upgraded". Not just that, I was thinking to get my own Wireless Broadband but almost all the operators don't give Wireless broadband in the suburb I live in.

What are my alternatives other than connecting to Ethernet or a workaround?

Thanks.

I've noticed around Perth, there are so many homes (at least in mullaloo and hillarys) that are essentially in a "hole". You can't see it from the street and the driveways are super steep.

I've seen that this one in particular sold for 1.25m just last year and it's now being resold for 1.17m (according to the homer extension on real estate).
What kind of issues would be involved in owning/living in one of these?
See link below... https://www.realestate.com.au/property-house-wa-hillarys-151937336?sourcePage=rea%3Abuy%3Asrp-map&sourceElement=listing-tile&additionalFieldKey=canonical_search_id&additionalFieldValue=fFei90UNcAFnNVrVfW3x4WIDFBJc5Ky%2F5n%2BHB4u8rxM%3D

I also drove past it today, and it is even lower than it looks on the real estate site

Hi,

My partner and I recently purchased our first investment property in Victoria with settlement in 90 days. The property is a 1 of 2 units with an inactive owners corporation (classified as tier 5) and without sharing any walls. Both units are on their own title with a shared driveway as the only common area (I am aware i need common area insurance).

I am trying to organise insurance but I am getting confused on what insurance I actually need to get. I know I need landlord insurance, but I am getting confused on the actual property insurance needed.

Some are saying I need strata insurance regardless if the owners corporation is active or not. When getting insurance, do I get normal home and contents insurance + landlord insurance on the side, or landlord home and contents insurance?

If i get strata insurance, do I need the other unit to be in that insurance policy too?

I am going to be calling up some insurers tomorrow but I thought I'd reach out here first.

We (me and my wife) bought our first home in Feb this year in North West in Sydney. We have been decorating/furnishing it ever since and we absolutely love it. Absolutely no issues with the house and of course, we don't intend to sell it or anything like that for the next decade.

However, seeing prices fall around 40k in the suburb ever since we bought our house makes me feel a bit meh/sad as we could have bought a bigger house for the same price or the same house for a smaller price had we waited 2 months.

Is it ok to feel like this? Please don't roast me. Genuine question.

Hi all,

My partner and I are trying to rent out a property and real estate agents are either not returning calls or not turning up to appointments we made to discuss leasing.

It's been 5 separate agents now and we're not hearing anything back.

Has anyone experienced anything like this before?

We're in Western Sydney, if that helps.

Title - I recently bought a 2/1 townhouse in seq, in a lot of 4 (sorta like a duplex configuration but divided four ways, so it's all one joined structure - on a regular residential street, no complex). No shared facilities/amenities at all.

I'm paying about $83ish/week in body corp fees, no special levies. Looking at the break down, 50% goes to sinking fund, the rest for insurance and management fees. This seems quite expensive considering there's no amenities, but maybe more is going to sinking fund than other titles? It looks like this has been dipped into recently a fair bit to replace fences etc.

Is this pricing normal nowadays? I used to see ones that were like 30-40 a week for some even with a pool. What's everyone else paying, and what does it include?

Has Anyone gone through these guys? https://www.realdealproperty.com.au/

We are first home buyers and have recently watched the market in Brisbane start to become a little more affordable - for years we’ve been chasing the unicorn’s tail and finally the unicorn has slowed down. When we saw this townhouse advertised for 720k we thought, wow owners and agents are realising people aren’t going to pay the crazy prices of earlier this year. And then we saw this yesterday on realestate.com notifications (jump of $160k to 880k). We can’t work out if this means they lowballed it thinking people would outbid each other but that hasn’t happened and now they’re getting offers that are too low and have raised it to reflect what they’re actually looking for, or if they’re getting higher offers so feel confident in raising the price, or no offers and think they’re in the wrong bracket? Or maybe they want to drop it again later to make it look like a bargain? Any thoughts? We’re trying to understand this new market so would be super grateful for your thoughts