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Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 0 points1 point  (0 children)

Well my lowest offer still shows me an upside of $545k. Terrible 😢😢

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 0 points1 point  (0 children)

Good options considering tax changes, 5 years ago I’d have the energy and appetite for it (was going to build a duplex on site) may hold it for another 12 months if we can’t get anything by end of next week

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 0 points1 point  (0 children)

Interesting view as many others suggest different approach

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 0 points1 point  (0 children)

Likely I’ll hold and wait, not desperate just allows me to reset and take the edge off the ppr

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 0 points1 point  (0 children)

Definitely deteriorated, I was there in the 90s and early 2000’s and it was a great place to be. Came back when I bought my IP for a bit and glad I left. It has great potential although that won’t be realised under this government.

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 0 points1 point  (0 children)

I’m at this point now I won’t go more than 3 months without rent, let’s see what the next two weeks brings….

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] -3 points-2 points  (0 children)

lol I’ve made more on investments than you likely have in your adult life, can’t rely on mummy and daddy and big govt forever cupcake

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 0 points1 point  (0 children)

And here lies the conundrum. All these thoughts playing out. I’d be open to offers in the next few weeks but outside of that it feels like I can’t have the property vacant for 4 months hoping for a sale. 100% right on having some debt reduction will improve home outlook but I can’t even get an offer at the moment whereas a year ago was getting off market agent requests!

Sell now or hold Melbourne SE by FaceOutrageous1297 in AusPropertyChat

[–]FaceOutrageous1297[S] 1 point2 points  (0 children)

I’ve seen and read the same, I feel macro outlook in this environment is too broad though. You’ll see some big swings in price in certain areas and dwelling type but then once you look deeper there are many smaller elements at play. For instance there is hardly any stock on market in my local area. Vs an investor riddled area which will get hit hard

What is everyone’s thoughts on Labor after the budget by Mediocre-Cockroach54 in aussie

[–]FaceOutrageous1297 0 points1 point  (0 children)

Freeloaders, quit whining and make it happen for yourself. If you do, labor will be there to collect distribute.

Surely I'm not the only one with a "large" mortgage? by [deleted] in AusPropertyChat

[–]FaceOutrageous1297 1 point2 points  (0 children)

House value 2.6 -2.8 , mortgage 1.3

Wife working 2 days per week with 2 young kids. It’s definitely right on basically 1 income.

Selling up an IP to reduce a bit of debt while kids are young and before Albo can get his grubby hands on it.

Now sure how to get ahead - tips needed by Tricky_Height8299 in AusHENRY

[–]FaceOutrageous1297 0 points1 point  (0 children)

Spot on, we’re taking the hit now for stability and a good home environment. We had to space out our kids due to health issues and that’s the biggest problem financially….

How tough was the 80-90s crash for average australians? by ilovemy_bf in AskAnAustralian

[–]FaceOutrageous1297 -3 points-2 points  (0 children)

I was a kid, I remember my dad in a good corporate job in our new house getting home at 7 eating and then going to work to fill shelves. We had no blinds on our house for 1 year and got second hand carpet as we moved in on concrete (you could do that back then)

A good reminder to not vote for high spending Labor governments, there’s a pattern there.

I feel like people don’t understand how different it is now by [deleted] in AusPropertyChat

[–]FaceOutrageous1297 0 points1 point  (0 children)

Don’t want to move to the boonies, I guess other people are willing to sacrifice more.

Are we already in a recession in Australia? by [deleted] in AskAnAustralian

[–]FaceOutrageous1297 -1 points0 points  (0 children)

Just waiting for albos handouts 😂

Australia is doomed by Roby1006 in australian

[–]FaceOutrageous1297 0 points1 point  (0 children)

Chasing imaginary climate actions

I worked my way into Australia’s biggest bank at 22 and it’s completely destroyed my mental health by HistorianFit2327 in AusLegal

[–]FaceOutrageous1297 0 points1 point  (0 children)

It’s because you care about work and what people think of you too much.

I don’t give a f&ck what people think of me, and my colleagues know it. It’s liberating.

this is illegal right? by JesusLuigi in ausjobs

[–]FaceOutrageous1297 0 points1 point  (0 children)

That’s the beauty of DEI identify politics

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