Andrew's current thoughts

Andrew's Thoughts

Please note: The recommendations/views made here do not constitute financial advice; please speak to a financial planner before making any decisions.

Updated: October 2011

First time buyers in low price bracket: hold or bargain very hard on prices
First time buyers in medium bracket: hold
First time buyers in high bracket: buy, bargain down prices

Investors: acquire for capital gain, hold: do not dispose
Middle circle suburbs around CBDs should offer good value.

Thinking of:
Upgrading to better PPOR: yes
Value adding/reno of IP: yes, tradies looking for work
Increasing rents: No




Wednesday, October 5, 2011

My block of land may sell soon


News yesterday that there has been some interest in my block down in Lachlan, Tassie. I think it is priced very keen and hopefully this should mean I can start the consolidation phase of my plan to reduce my PPOR mortgage to a more affordable level. This would mean, financially, I can then start working on changing my circumstances on the job front.  





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