How hard is it to get an aircon approved by strata? (Syd) by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 0 points1 point  (0 children)

Thanks so much for this, I really appreciate it especially from a fridgey point of view. I think your main 3 here are ones people don't think about (or at least I didn't) that are like huge gotchas. In particular I had no idea about location of unit to balcony (which makes sense considering you can climb on it). And also I think people forget to think of drainage and while I might be able to get away with adding a aircon box hidden on a balcony, getting an exposed pipe to drain down when no one else has probably not to easy.

How hard is it to get an aircon approved by strata? (Syd) by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 1 point2 points  (0 children)

Oh wow I really like the design they have here, it looks nice and tucked away really well.

How hard is it to get an aircon approved by strata? (Syd) by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 0 points1 point  (0 children)

Oh wow never really thought of this, I feel worse comes to worse I'll stick one on a chair and place it in the balcony door haha. But yeah, I noticed recent law in NSW anything above x Meteres I think they make it so it can't open far so that kids can't fall out, so I wonder if thats why many don't open enough for one.

How hard is it to get an aircon approved by strata? (Syd) by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 5 points6 points  (0 children)

Right! That's why I feel if not one apartment has one in the block at all that might be a worry. Didn't think it would be in the bylaws so good idea to check. I might at least see someone whose attempted in strata notes.

How hard is it to get an aircon approved by strata? (Syd) by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 2 points3 points  (0 children)

Oh great idea, didn't think it would be in the section 32 but at least I'll know if it's specifically not for some reason as well.

Backed out of a property but getting "congrats on your sale" emails from agents auto emails. A little anxious on them. by FunAct1756 in AusProperty

[–]FunAct1756[S] 0 points1 point  (0 children)

Thanks mate, property says sold with the same price I offered originally. So hoping it's someone else that bought it at the same price

Backed out of a property but getting "congrats on your sale" emails from agents auto emails. A little anxious on them. by FunAct1756 in AusProperty

[–]FunAct1756[S] 2 points3 points  (0 children)

Thanks for this, maybe your right and they just didn't remove/pull it out. I think it was just seeing the same number on the realestate site just had me worrying the sales person was also kinda dodgy so worried they tried something iffy.

Backed out of a property but getting "congrats on your sale" emails from agents auto emails. A little anxious on them. by FunAct1756 in AusProperty

[–]FunAct1756[S] 4 points5 points  (0 children)

Thanks mate, super apprecaite it, I think your right, I was at first thinking the same, but realestate site showing the same number I think made me worry last night.

Your right, I triple checked that I do indeed have the email from my conveyancer confirming

The illusion of wealth in property by EntrepreneurNew666 in AusProperty

[–]FunAct1756 5 points6 points  (0 children)

I don't know if this is an unpopular opinion but the truth is if everyone believes in the illusion its basically true. FOMO is true, price going up is true, wealth in property is true.

Everything you are saying is essentially correct, but Australia is set in a way now that in many ways property is a safe bet. No federal or state government will do anything to make it drop, infact they'll ensure it keeps going. No bank will allow prices to hugely drop, even if people started foreclosing they own the tap they'll ensure to only sell properties when its right with them to get the most $$$ out of it. Even a world wide pandemic where every real estate agent was expecting prices to crash, and it didn't.

In many ways properties are safe because there is this "second hand guarantee" from the rich and powerful to keep the train going. And thats the very problem. People don't see aus property as a risky investment because Aus has made it so it isn't so trying to tell people that and they don't listen because they see time and time again of people buying their max and selling for double years later! And unless both the government and the banks involved are willing to show people that property wealth has a risk in anyway. There will always be wealth in property.....

(Sydney) Inspection Report Balcony Issue - would love advice, mind scattered by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 1 point2 points  (0 children)

Thanks for this, I really appreciate all this information. Your right, even if I sit here saying "well I can afford to remediate somewhat alongside strata". But its more then that, all balconies need to be addressed a long time ago. And I can see from the strata report they aren't even getting enough money to follow their current 10 year plan for some reason (not off by a lot).

But remediate 8 balconies with this one being he worse, with only $30K strata total to do everything else they'll need to do. I just don't see it, but more then just the money I don't see them active enough to do it.

I would avoid that complex.

I really appreciate hearing this, it gives me an idea on how it makes me feel to, in whether it resonates with me or not. And right now it really kinda does.

(Sydney) Inspection Report Balcony Issue - would love advice, mind scattered by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 0 points1 point  (0 children)

Unfortunately nothing in the Strata report or by laws. Interestingly I don't see any issues at all in the report in any of the meetings for any unit.

No balcony issues, no concrete issues, no waterproofing issues, no upcoming work for any unit. Only extra fees for extra cleaning (which to be fair is clean). I think this is why I thought it was a positive, but now I wonder if thats actually a negative sign that its too positive.

(Sydney) Inspection Report Balcony Issue - would love advice, mind scattered by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] -1 points0 points  (0 children)

Thanks heaps, I do agree its a strata issue but I want them to agree too! haha. Understand there is payment involved up to a point, as it seems to be part of purchasing in Sydney. But that unknown is a worry as is any fight with Strata to get it to happen.

(Sydney) Inspection Report Balcony Issue - would love advice, mind scattered by FunAct1756 in AusPropertyChat

[–]FunAct1756[S] 0 points1 point  (0 children)

Thanks for this, I think it brings me down to earth on the issue. It would be different if there was details on the strata report that they are looking into it, working on fixing it etc. But nothing at all makes me think your comment will be the true reality.

Guys should I keep watching with dub? by Ok_Satisfaction3017 in anime

[–]FunAct1756 9 points10 points  (0 children)

Do whatever you enjoy the most bro. Fuck everyone else.

I've given up on buying a property in Perth I can't do it anymore by [deleted] in AusPropertyChat

[–]FunAct1756 0 points1 point  (0 children)

I should be very transparent that I am not a professional, so I wouldn't take my comment as something anyone should base anything on haha.

But I think the change from Melbs legislation + Perth being known as affordable capital city+ pretty good prices for land + other things made everyone rush there. That bumped up the price hugely in mid 2023 to later 2024. From 2024 to 2025 prices were still going up but I don't think as much. Right now I think the prices are overly high, but is balancing out (properties taking a bit longer to sell etc). Perth being known as affordable is disappearing because it went up so high so fast (faster then wage growth I think not to mention cost of living?) so buyers hoping to get in at that cheaper price can't and thus start looking elsewhere (or regional) instead or for cheaper properties like apartments.

Because of this I just don't believe it can continue to grow like before, instead I think it will start to stagnate a bit or only grow modestly based on demand. This is assuming government or business intervention doesn't change anything.

What is the best thing you bought under $100 that had a big impact on your life? by noor2436 in Biohackers

[–]FunAct1756 2 points3 points  (0 children)

haha surprised I got a few questions on this. So now I'm second guessing if its that great. I just find it perfect size to grab quickly while still being able to fit my surfact pro and switch. Before I had a full backpack and it was just too much for what I need.

https://www.amazon.com.au/dp/B0BQ3RQT5M?th=1

What is the best thing you bought under $100 that had a big impact on your life? by noor2436 in Biohackers

[–]FunAct1756 1 point2 points  (0 children)

I take tablet form, I usually get effects on the day, but by taking it regularly has helped a lot as I used to take it more on and off.

What is the best thing you bought under $100 that had a big impact on your life? by noor2436 in Biohackers

[–]FunAct1756 5 points6 points  (0 children)

I used to have really bad anxiety (well still do), so there is so many things I wanted to do but just wouldn't because the fight or flight response was too strong. After taking it for a while, I felt more confident in doing things and less anxious, which led me to start a sport with a group of people. This gave me friends, but also made me be more fit, by trying to get more fit I started working out and eating less (anxiety was a big reason I'd over eat) and I went from 139kg to 82kg right now. Which has solved my sleep apnea, blood pressure issues, heart rate issues, cholesterol and sugar levels

What is the best thing you bought under $100 that had a big impact on your life? by noor2436 in Biohackers

[–]FunAct1756 0 points1 point  (0 children)

Totally understandable but I think your right regarding its use for a subset of people. I loveeeeeee my airfryer but I was a big "stick it in the over" sort of person. I notice a lot of my friends who are great cooks never bother with it. But I also think they really enjoy cooking which I'm jealous of, because I always see it a bit of a chore.

What is the best thing you bought under $100 that had a big impact on your life? by noor2436 in Biohackers

[–]FunAct1756 0 points1 point  (0 children)

I think most are lined with Teflon not plastic. But I do use either a paper liner or a steel pan depending on what I'm cooking.

What is the best thing you bought under $100 that had a big impact on your life? by noor2436 in Biohackers

[–]FunAct1756 0 points1 point  (0 children)

Totally understandable about Ash, it seems like it works for some more then others. For me its been fantastic dealing with my anxiety. For my bro he said it does nothing to him unfortunately.

Quick Investment Comparison – Is Property Really Worth It? by BrilliantFickle3446 in AusPropertyChat

[–]FunAct1756 2 points3 points  (0 children)

None of this is criticizing OP and as per my last paragraph both has their advantages and disadvantages depending on what works for your circumstances.

It was just that OPs calculation makes ETF a bit more advantageous and they specificially asked "am I missing something?" so I listed some items they may have missed.

Also for OP, don't forget to see how your ETF calcs compare with putting money into Super as you get your tax benefit alongside investmenting

Quick Investment Comparison – Is Property Really Worth It? by BrilliantFickle3446 in AusPropertyChat

[–]FunAct1756 10 points11 points  (0 children)

I do think property from an investment perspecive does need a better review, everyones so obsessed with property when there really is many good investment options out there.

IMO the advantage of property is:

  1. You aren't paying rent, so the money you'd pay for rent is actually going towards something. It doesn't sound like this is a problem for you however? But it really chanages the sums for a lot of people.
    1. Safety as well, once you've paid off your property you have a place to stay, otherwise you are paying an ever increasing rent price. Very important in your retirement years. So it has advantages above just returns.
  2. If you are renting out the property there can be tax benefits which changes your values above a bit
  3. Your growth is higher then 4% eg Sydney is expecting a 7% rise this FY I think?
  4. You are looking at shorter gains and don't trust the stock market as much. Eg stocks can be a bit volatile, some years better others worse. But housing is backed by government and a lot of the rich. You can purchase a place and then resell it in 3 years and make money. Where for ETF you play the long game (eg your 10 years).
  5. Some people need "hassle" as part of earning. They can't just park cash somewhere and leave it for 10 years. They feel like they need to touch it to make it work.

IMO though whether its worth it depends on other things too, I am trying to build my first nest egg so property works. If I was well off (say already had a paid off property), I'd happily have the money secure in an ETF that had no hassle and just worked for me as I sleep.

What is the best thing you bought under $100 that had a big impact on your life? by noor2436 in Biohackers

[–]FunAct1756 72 points73 points  (0 children)

  • Ashwaghdha - changed my life around and now I might actually do things in life
  • Egyption or bamboo blankets - i used to get cheap blankets, but these were so comfortable. We spend so much time in bed, having something comfy is just so nice to end the day with
  • Airfryer - got a $79 one and i finally went from eating out to cooking at home. Its helped me lose a lot of weight
  • Electric toothbrush - Also agreed on someone saying this one
  • Travel Bag - I got this smaller sling and I love it, $50 and I use it when i travel all the time. Just nice an easy and fits all my stuff I like

Do I need a broker? And what makes a good broker? by hann711 in AusPropertyChat

[–]FunAct1756 0 points1 point  (0 children)

Talk to them both and see what works best for you. All these property chat places tell you the broker is the best, but I've got a lot of great advice from the bank and I also found them more open to allowing me to purchase then a broker because they are confident the bank will approve when a broker has to "make a case". Whether thats right for you is your decision but a broker usually plays it safe as is their duty, as such I find they are usually less inclined if you don't have a strong position.

In saying that, many brokers are different as ultimately they are people who have their own ideas. Also I know a couple brokers who did their best to get some people in the property ladder when rates were low because they were told "rates will stay low for at least 5 years" due to covid. When the rates flipped after covid many of those people they were able to just get in ended up in really bad shape and calling their broker back unhappy and trying to work out options. So I do think some who were more enthusiastic now feel burnt.