Great news!

wanting to hear if anyone has used their My Property Developer service (or any of their other services) and completed a purchase, development and sale. TIA

I purchased my first home in 2022 in the Outer Eastern Suburbs of Melbourne for 730k. It was at an auction and I probably overpaid and have regretted it since. I was getting blasted out of the water on bids every time by 100k over reserve and was sick of it. It is a small house, 3 bed, 1 bath, but enough for one person. I have done alot of work to the house and garden myself over the last few years and it is much tidier.

My insurance has skyrocketed to 13k per year from 2-3k due to bushfire and landslide risk and I want to upgrade to a nicer forever home that will be better for me long term. I have since paid off my mortgage with the help of a small inheritance and sale of some investments and am thinking about upgrading my house. I had a few real estate agents appraise my house and they estimate 700-750k which means selling at a loss.

Do I upgrade to a forever home now which I can afford with a small loan or wait until property prices start increasing again, which will mean the forever house I am buying will be more expensive too. I am thinking at since we are in a decline, a forever home will be alot cheaper and offset the loss on my current home

Thoughts?

BTW I am contemplating melb apartment buy as something heavily discounted

I’m contemplating if I should take my chance with this new development. I currently reside in Edmondson park - Ed Square and am currently renting a 2bed 2 car for 780 a week for an appartment.
I have seen Ed Squares development in front of my eyes. It’s turned into a great living and investing hub. Now this opportunity of a similar scale is happening in Queen Street Campbelltown with Aland. 3bed apartments are starting from 799k- book with 5% deposit and building is set to be ready in 3yrs.
I’m currently a FBH with my husband and we have currently been approved for 850k so I’m confident if we atleast continue with our current employment we would be able to do receive a similar loan again.
But is buying of the plan a smart move?
I have seen a 3bed apartment where I live sell for over a mil that was originally for 750k so I can see the growth. Plus I would love to live there for atleast 5/6yrs before even contemplating if we should sell.

What do you think guys? Buy in the same area whatever is available around and see if the new development helps it grow or get one off the plan and hope it’ll grow in 5yrs time after development?

So just bought my first house and stopped renting. I need to buy a new TV, Plumbed Fridge and washer dryer combo but theres so many mixed reviews and opinions on every brand and model. I am planning on doing a harvey norman trip to see all of these in person but would love to armed with some info and real experiences from people.

For context, I'm a long time samsung TV user so will probably stick with them. I'm just torn between an OLED vs a MiniLED and not sure if OLED is worth the massive price increase. My living area is north facing with lots of natural light pretty much the entire day so glare is a big problem I want to solve. Budget is around $4k.

I've been really wanting a plumbed fridge that does water and ice. I hate having to manually freeze trays of ice cubes and I want to have filtered cold water available at all times. I've heard some fridges have issues with the ice maker and others have really slow water dispensers. I dont care about ice dispensers but just want ice to be automatically made. No clue what to go for this one as all fridges have the same terrible reviews. I've heard a lot of hate on samsung fridges but has anyone bought one recently that can weigh in on this debate? Budget is around $3.5k

Looking for a washer dryer combo even though we have the space for individual washer and dryer, primarily because we have cats and would like to store an automatic litter box in one of the spaces. Not a heavy dryer user but would love the option for towels and bed sheets. Budget is around $3.5k

Thanks all!

We moved into our house about a month ago.

The kitchen sink’s silicone has worn out / turned black and there is no caulk between the where the splashback meets the kitchen counter, meaning the water splashing onto that area seeps in underneath (been meaning to get it fixed but as mentioned just moved in)

What can I do to fix the issue? I can try caulking myself but not sure how to re-silicone the areas around the sink. More importantly, has the wood underneath the sink rotted?

If so, how much will this cost to fix?

How to fix? No obvious water stains.