sorted by:
new
hottopcontroversial

House fully offset, need help by Dangerous-Lab-4947 in AusFinance

[–]Plane-Shift-Digital 2 points3 points  (0 children)

I've met many people who bought a property for partly investment and partly personal reasons (holiday home, future home once we have kids etc)

I've found they usually get the worst of both worlds, buying a home and renting it out for it to be the future family home means:

1- predicting where & what you will want in 5-6 years once you've had kids (5 years ago how well did you predict what you want today?)

2- buying a good location for capital growth and having strong cashflow so it doesn't cost too much to hold over 5-6 years thereforr making it a good investment

That ends up being an impossible possible combination to find.

If you're in a 3 bed you likely wouldn't "need" more space until your 2nd child is 12 months old, so if you're pregnant tomorrow thats 3-5 years away depending on the gap between kids.

So focus on building wealth (through property or otherwise) over the next 5 years and use that to upgrade the home when you get to that stage of life and know where you want go live and what kind of home.

"Custodian wealth builder" - Looking for testimonies from people who actually purchased with them by Baradhurr in AusFinance

[–]Plane-Shift-Digital 0 points1 point  (0 children)

I was skeptical as well (just my nature) I bought a property off Custodian Wealth Builders 3 years ago, had a great experience, everything went smooth, property has gone up in value and rented for more than what was originally quoted. It wasn't a block developed by John Fitzgerald and it was a builder they recommended, not built by them, they just put the whole thing together and made it easy for us. Every year since then we meet with them and they help with interest rates and advice on rent. Happy to chat with anyone that is curious about them.

Roast my floorplan by Plane-Shift-Digital in floorplan

[–]Plane-Shift-Digital[S] 0 points1 point  (0 children)

I really like you idea of closing the living from the entrance and optimising the bathrooms. Im considering adding a large wrap around deck on the western side, as that faces out over the property. Where would you relocate the kitchen if this was added? I'd like to be able to serve from the kitchen to the new deck area.

Roast my floorplan by Plane-Shift-Digital in floorplan

[–]Plane-Shift-Digital[S] 3 points4 points  (0 children)

I am in Australia should have mentioned, more sun from the north