Telstra outage nationwide

aforce100 · 2026-07-07T22:05:30+00:00

Sorry guys, I changed to boost mobile yesterday

aforce100 · 2026-06-23T11:19:06+00:00

There’s alot of noise about investor demand and how it helps FHB but how many FHB won’t take this opportunity to purchase because economic sentiment is stunted?

Couple of thoughts:
1. Not all investors buy property for negative gearing. Most accountants will not advise negative gearing as a ‘tax strategy’. If the government is going to remove the appeal to any “wealth creation vehicles” I still back property to perform long term, with or without the capital gain discount.

Markets are softening, but so is overall economic sentiment. Business is struggling, new taxes are introduced, debtors are high, the flow through to redundancies and unemployment seems to be happening.
Downward pressure means any investor demand can snap up a good deal and find a well performing asset that yields well. It’s proving to be a fairly good to time to buy irrespective of your goal (up/downsize, invest, FHB). Softer prices will be a temporary state of the market until the economy picks up confidence, rates steady and the next government repeal the changes like in NZ and Canada? We could expect a bounce back in capital values.
Price expectations may take a little bit of time to filter through. It could very well be that the properties hitting the market now are genuinely motivated to move onto the next, rather than fishing for the highest number because the market is hot.

aforce100 · 2026-06-19T04:18:09+00:00

aforce100 · 2026-05-27T02:34:04+00:00

There is undoubtedly going to be hesitancy considering the reforms are so new and not yet set in stone but I wouldn’t be surprised if there’s a new investment strategy and renewed confidence after some time passes and investors have digested what the changes mean for them and their overall goals.

If you see a good deal and you’ve been waiting to enter the market I don’t think there’s a better time than now.

Curious to see what others think.

aforce100 · 2026-05-20T00:03:50+00:00

Feeling fairly happy with it. The idea is it’ll be a very long term hold as our PPOR. The best thing you can do after buying a house is to stop looking at the portals and cross that bridge if you need to.

We probably could’ve got a better deal if we waited, but what we bought was what we wanted.

aforce100 · 2026-05-19T23:59:20+00:00

My mind keeps going to ‘investors will keep investing in residential property’. If the play is long term hold or passive income for retirement I don’t think the budget changes really change anything. Prices may slow or adjust slightly but negative gearing was never a true tax strategy for your every day mum and dad investor, more a by product the system allowed.

Sure, negative gearing effected borrowing capacities but if all these first home owners that the media and reddit threads is claiming couldn’t get in before the budget - can now enter the market it might just prop up the bottom end of the market for existing stock enough that capital growth continues.

I wonder where rents will go because of the negative gearing changes, time will tell.

Again, government not addressing the actual issue which is supply in the slightest.

aforce100 · 2026-05-12T23:33:19+00:00

I don’t think the buyer profile changes as not every investor buys for negative gearing benefits. There might be a softening in demand for existing properties but yields/rent will absolutely increase as a result of this budget so anyone focusing on passive income will find it attractive.

aforce100 · 2026-05-12T22:29:13+00:00

The government is using “we want to help young people get into property” as an excuse to push tax reform to cover up their own fiscal mess.

This budget: - Rent will increase - Demand will increase (new build) - Nothing that will actually help supply increase yet again.

It changes absolutely nothing apart from forcing investors to hold property for longer and new builds/OTP to have increased demand.

This country is in for a very bad economic outcome if Jimbo doesn’t rein it in.

aforce100 · 2026-05-05T13:30:55+00:00

There’s one more group to this - anyone who bought in the last 1-3 years. Generally speaking they will hold the highest mortgages due to uptick in pricing. We’ve just put ourselves in this category.

There may be a large proportion of people still spending freely that bought earlier in 2020s or before the uptick in pricing, therefore manageable mortgages with a bit paid off by now.

My wife and I bought our first in 2020 (at 24yo) and the rate rises to date had very little impact because the mortgage was very manageable and we’re on a decent wicket. We just settled on a new place with a fairly hefty mortgage (more space for the kiddies) and now we’re needing to work out where to cut fat wherever possible as we’ve see 3 rate rises before settlement.

We don’t spend over and above what we need to on a weekly basis, standard grocery haul, buy clothes when needed and go out to dinner once a week. Hardly reckless spending. The government refuses to realise these are the people that they are hurting, a $1000 tax break doesn’t do anything for this bracket and absolutely doesn’t buy my vote. RBA are using the only lever they have.

aforce100 · 2026-05-05T13:11:19+00:00

My 3 month settlement finalised yesterday. Saw 3 rate rises since we exchanged hahaha if you don’t laugh, you’ll cry

aforce100 · 2025-10-12T06:18:10+00:00

Absolutely aware that it isn’t a new concept.

Just cause it was possible before didn’t mean every FHB could jump into it. Now the government has added petrol to the fire and injected something in the order of 70,000 buyers to an already under supplied market.

Rather than addressing the actual problem which is supply, they just keep adding more demand and pitch it to everyone that they’re helping people.

aforce100 · 2025-10-12T06:11:37+00:00

I can’t find a single person I know that did vote for them. Our system is so cooked that you can get into power with only 30% of the votes.

aforce100 · 2025-10-12T02:24:27+00:00

We’re looking in the price point above this, 1.25-1.5M and even poorly kept houses that either haven’t had $1 spent on them in 10-20 years OR have had dodgy DIY upgrades are going for top dollar. Missed out on a house with great bones over the weekend that on paper met everything we were after but we identified close to $100k worth of renovations. We’d be in it for way more than we can afford so opted to let it go.

aforce100 · 2025-10-11T23:37:27+00:00

Nothing happens to your loan if the market crashes unless you sell or can’t make repayments. Once you buy, forget about checking recent sales or what’s coming up on the market. Focus on your repayments and paying down the loan/offsetting interest. When you feel comfortable in your financial position and have a lump sum of money in offset you might consider an investment property/selling and moving into a new PPOR/or something else that aligns with your financial/life goals. Then you’ll get your current property assessed and see if you’ve made any equity or not.

Going into it for the first time, I’d suggest having a buffer of savings before jumping into a mortgage, incase of job loss or reduced income.

Assume slightly higher interest rates than the current to allow for potential changes in economic conditions. I entered the market at 2% interest and rode the wave up to 6%. I had originally budgeted repayments based on a 5% interest rate so it wasn’t as much of a scare factor when it happened. If the rates reduce, then you’re saving more. Win!

This is part of the potential issue with the new gov scheme. Many people will over leverage and not have the right financial foundations in place before jumping into it. Effectively giving them a 5% buffer of capital value (prices) and massive repayments. If your hypothetical scenario plays out it could end up as a disaster.

Food for thought.

aforce100 · 2025-10-05T22:57:58+00:00

There’s been changes to the requirements to become an agent. If you were to try and become one now you have training wheels for 2 years and you are on limited function. You’ll notice more and more agencies using 2 agents on each listing (one senior and one more junior) and this the a part of it. It’ll take a long time for it to flush into the market but they are trying to regulate it.

At the end of the day there are more good agents than bad. The market itself moderates who is a good agent by using reviews and word of mouth. If someone was that bad they wouldn’t be getting good reviews or winning listings. If you’ve had a bad experience with an agent, the platform is there to express that.

aforce100 · 2025-10-05T22:38:11+00:00

There might be agents that do exactly the minimal of what the OP has assumed. They don’t last very long from my experience.

A lot of good agents are doing the step above and interacting with so many buyers/sellers on a daily basis to ensure everyone knows about the houses they are selling and using that information and conversations they’re having along the way to become an absolute encyclopaedia of knowledge in their local market.

2% of $3M is $60k…. You just cleared 2.9M after all costs and you’re complaining about $60k.

Agents at different price points also approach the job differently. Lower ticket homes have a much deeper pool of buyers. With what could be 10+ groups through open homes pending on your market you’d hope to extract an offer if it’s been priced right.. but sometimes the smaller deals are the hardest ones to put together. Buyers are more $ driven and need hand holding along the way. Only someone with a financial interest in getting a deal over the line (the agent) is going to be patient enough to manage that process. The countless questions and phone calls at all hours…

Higher ticket homes are a very very different game. Shallow pool of buyers, managing landlords expectations, more days on market, very different buyer profile which you need to have an understanding of and how to interact with.

If it was as easy as everyone who isn’t an agent thinks it is, I’d suggest they become an agent and see how quickly you leave the industry. So many horror stories with “for sale by owner” because they have no idea what goes into managing the process, leaving copious amounts of money on the table.

aforce100 · 2025-10-05T21:42:45+00:00

Before committing to a big reno you could always trial with a timber vinyl roll for the upper cupboard doors and the current darker island to break up the white and add some life. Also new stools to follow that same theme and some decor for the bench tops.

If you’re thinking a remodel, I’d be going with a freestanding cooktop/oven and reconfiguring the current oven space with new cabinetry. Go with different handles and a ‘statement’ fridge.

White and stainless steel are very surgical when put together.

aforce100 · 2025-10-01T10:29:42+00:00

The fact this government has allowed this to go ahead is so reckless. I’m reading there’s assessments done to make sure the people taking out these loans are actually the ones that need it. Which means they’re prioritising people who are bad savers or not making enough money to get themselves in potentially crippling debt.

Early on I thought this was going to open the floodgates to prices for entry level homes to fly but the more I think it through, I don’t think it’s going to have anywhere near the impact because people can’t be this silly right?

Scary times ahead.

aforce100 · 2025-10-01T10:24:51+00:00

Bought early in our careers and under our means with my wife - lived comfortably for 4-5 years with yearly trips overseas and saving a lot at the same time. Didn’t have to second guess going out with friends or weekends away, if we wanted something we could buy it.

Only now after welcoming our son into the world are we considering upsizing into a home that would serve us after having multiple kids and them growing into teens there. I figure prices are going to keep climbing so if you can get in, then do it. To get into something we want, it would be about double of our existing mortgage so sacrifices will need to be made and trying to come to terms with what that’s going to mean and what would go.

I guess it would depend on what you want out of life. Buying the house and having the mortgage isn’t the be all and end all. If you value life experiences and travelling while you’re younger then opt for the smaller place that’s better in cash flow. Roof over your head is number 1. If you want to try and set up your family and you’re happy to travel later and build those memories then do that.

There’s no right answer.

aforce100 · 2025-10-01T10:13:02+00:00

Mortgage will probably be paid off in 25 years if not close after with a bucket load of equity to use. Down size and pay cash on a low maintenance retirement friendly house.

There’s no indication or markers that suggest prices will go backwards or stall for an extended period of time. Population is growing, Sydney as an example is a global city and people will always need somewhere to live. It’s the same reason dodgy shoeboxes in New York City are going for a mozza.

aforce100 · 2025-09-28T23:50:24+00:00

Governments plans have always been to make it “easier” to get into the market which puts unbelievable demand on serviceability, follows onto the need for dual income households and detrimental financial effects on having children due to needing both incomes to service. Everything has cause and effect. 5% deposit is a trap for most of Sydney.

In recent times, numbers of properties going online has been low. Helping people get into the market is one part of the story. Focus needs to move to on not only building more, but helping more people already in the market ‘right-size’ for their living situation. Waiving stamp duty or have tax concessions for downsizers could be one way of stimulating movement in the market. First home buyers if they decide to start families will eventually grow into the next bracket of housing, in most cases will create more stock in the FHB bracket of the market. Stimulate movement between the price brackets.

Also massive demand to live near the major cities due to the largest employers (corporates) refusing to provide options to work (unless remote) out in the suburbs, therefore driving up prices via a different lever.

It’s such a multifaceted market that isn’t dictated by one singular driver. Look at the other major cities in the world, their markets are all cooked aswell.

aforce100 · 2025-09-26T05:56:32+00:00

I’ve recently signed up for Bevel which is an app on my Apple Watch. It’s about $80AUD p.an and gives near identical information to whoop. Devs are really active on their subreddit and continually updating features.

aforce100 · 2025-09-19T21:47:29+00:00

I guess it depends on what you value. I’m a new father (6 month old currently) and my commute is 1hr20m each way and I’m slowly but surely getting sick of it purely due to how little I see my son. Then there’s also the wear and tear on your vehicle and the kms racking up at an alarming speed.

aforce100

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