r/AusProperty

I’m 31 and looking to buy my first Investment Property because I can’t afford to buy a house where I want to live in Melbourne. I’m in the highest tax bracket and was initially very happy to buy an IP in my name and negative gear it. Then buy a second and do the same. After which I would eventually buy a PPOR.

Now with the new changes to the NG and CGT, I’m seeing all kinds of advice online about how to structure my investments. Based on the current proposals I’d be best off buying them under a company. But I’m worried that if I buy them under a company and these proposals don’t go ahead and become law, I’m significantly worse off because I won’t have the NG and CGT that I would if I bought in my own name.

Since I’ve never been through something like this in my lifetime, I’m just looking for advice or happy to hear what other people in my position are doing going forward. Thanks if you’ve gotten this far!

Hey guys,
I’m 18 years old and currently a 3rd year plumbing apprentice. Ever since I started working, I’ve grown a real passion for property investing and how property finance works. I’ve been listening to podcasts and doing my own research, but honestly there’s so much information out there that I don’t really know where to start or what I should focus on first.
At the moment I’m just trying to build a strong foundation and learn as much as I can while I’m still young.

Would appreciate any advice or direction
Thanks

Good day all,
I need some advice how to deal with this issue.
I bought an investment property with periodic lease and it was furnished as per the move-in report and original contract. Sale contract conditions have it in writing that “periodic lease “ with $xxx monthly and nothing else.
Now tenants are leaving and disputing that the previous owners gave them the furniture however I have asked my property manager/agent to push as per the contract and move in report.
Tenants have some emails from the previous owners and sellers agent promising furniture to them.

Do I own the furniture as the new owner of the property and how to deal if tenants dispute?
Please help as your advice would be greatly appreciated.
Cheers.

[Edit: yes I want to keep the furniture and true they only have emails but nothing mentioned about furniture in the contract of sale.
Original lease is for furnished accommodation with all furniture and other items listed in the lease contract ]

We are old and not tec people. We joined and tried to post about our place, one of the nest ops in the Country. It got knocked back. Can anyone tell us if there are any forums where we can speak freely? Regards

EDIT:: it’s a minor leak behind shower

A house I was interested in has come back on the market. The agent called to say the previous buyers pulled out because they weren’t happy with the building & pest report. Apparently the owner is now rectifying some of the issues... electrical issues have been fixed, and plumbing issues are being looked at in 2 weeks.

The B&P report was done by the previous buyers, so I don’t have access to it. I am planning to submit an offer subject to B&P anyway, but I don’t really want to spend another $500–$800 just to find out there are major issues, lose a deposit and overpay.

What questions can I ask the agent to get a better idea of what was actually wrong? Has anyone had luck getting useful info without seeing the report?

Also if buyers pulled out over the B&P, is this something that gives me room to negotiate a lot lower or do agents usually downplay the issues? House is in NSW if that matters.

Saved enough money for a deposit if it was 6 years ago but dont think I can service a homeloan at this rate due to rising prices but don't wish to keep paying for rent either. But can service an apartment loan under 450k

Do you think I should rent or buy a small apartnent in cbd? As i currently spend alot of time and fuel communting to work and back.

Will it be better long term or worse off? Has anyone lived in the CBD apartments before like on terrace road not sure if i should keep renting on get on the property ladder with a studio.

Theres a few of them going for 320k to 370k but renting them is like $420 to 550 per week. For the addresses those where i saw rhose prices

122 and 124 terrace road and Godrich street east perth

Thanks in advance

We are first home buyers looking to purchase a free standing home in the Hawkesbury Region under $1,000,000. Everything we look at needs significant work, but agents still seem very bullish, trying to convince us that these tiny, crappy homes are worth over $1m. Just a few weeks ago they were selling these dog boxes for $995,000 which blows my mind.

Do you think prices will drop and should we wait and see? We are in a very competitive marketplace it seems and our price point is very sensitive. Any advice or thoughts from property guru's. TIA.

I’m getting a bit sick of having to up my offer because of “other parties” who somehow always are offering more than me.

Do they even exist? How do we know?

I wonder if it’s time to have some regulation around putting in offers, eg that they have to be registered with Fair Trading or whatever, so we can see that they actually exist.

After all, apart from the (mythical?) “phone offers“, we can see that there are real bidders against you when at a physical auction. Why not at these “fake” auctions run by REAs?

Is anyone else curious that new Flood mapping drops.

Houses throughout multiple LGA in SEQ now have insurance costs 10-20k+ a year and house values haven't tanked at all.

On the opposite side.

My house doesn't flood on the new mapping and insurance is $2500 a year for a similar property.

Yet houses 4m below the flood level are selling for 90-95% of those that don't.

It's also not a selling point in any of the hundreds of listings I checked.

Is this just REAs being ignorant or absolutely shit scared they're going to devalue a large portion of their stock?

Interested in some other perspectives as every week or two our suburb and surrounding ones record is broken for house prices and every single house is in the flood zone.

I know it wouldn't catch all the crooks but it would be good to just skim the top layer of shit off of that particular bucket of shit because it's becoming fetid and people have noticed.

Hey guys I am located in Sydney NSW. I have just paid a 2-week deposit to secure a rental. I am yet to sign anything.

If I pull out, the agent said that they will need to retain one week which is 50% of what I paid - is this legal?

How much money would I be able to get back ?

Any advice would be appreciated.

House is still on the market.

Dropped back down to “offers over $959k” after two weeks of upping the listing price to “high $900,000s”following our generous $975k offer. Still not sold lol.

Will report back and post the address once it sells.

Original post that got alot of attention:

https://www.reddit.com/r/AusProperty/s/5hhezDjY0M

So, recently I was told by my REA that our past routine inspections were hindering my partner and I's ability to get another rental (our lease ended and we've been trying to find a place for months). Are they actually able to show other landlords the pictures of past inspections? In the time we've lived here we've been breached once and promptly fixed the problem. It's been near 6 years, but I was told that due to our inspections the landlords may not like us??? When I asked what she meant because we'd only been breached the one time, I was told that landlords look more closely at things than they do.

So...yeah, google wasn't much help but did tell me that it's not normal for this to happen and if it does they're supposed to get consent?

Sorry for formatting and the rambling. It's 2 in the morning and I can't sleep.

I think this is a huge announcement which has been completely overlooked by everyone with the budget. I see it as hugely beneficial for property investors as when you sell that's when you end up getting bumped into the 47% income bracket.

Under the proposed measures, from 1 July 2027, losses from established residential properties acquired from 7.30 pm (AEST) on 12 May 2026, will only be deductible against rental income or the capital gains from residential properties.

Previously this was not possible, rental income and losses were separated from CGT?

Thoughts?

If you are looking to purchase a weatherboard house for relocation **DO NOT USE Perth House Relocators**. James Sinclair Thomson is a **Conman** who has ripped off about 30+ W.A residents and stolen valuable equipment from 100s of Local and Regional Hire Companies, Construction, Machinery and Mechanical Services, Petrol Stations, Tradesmen and Contractors. He also doesn't pay his staff. **Stay well away from this Conman!**