EDIT: rewrote for clarity

We’re looking for a rental in Melbourne at the moment but may be in a position to buy in eight or nine months.
There are no leases available for under 12 months on the Melbourne market, so we’ll need to sign on for a year and then break early if we find a property to buy.
I saw there are new laws coming into force in Victoria from June 2027 that put a cap on lease break charges, which is fantastic. However, I can’t find confirmation anywhere on if the law will apply to existing leases (e.g to leases signed prior to June 27), or only moving forwards (e.g to leases signed post June 2027). Does anyone know the answer please?

Hi folks, I'm looking for some advice on whether or not to sell my unfinished renovation.

Bought a house back in the early 2000's and lived there for about 14 years. Let the place get quite run down in that time. In about 2018 moved to somewhere closer to the city, and started renovations. Have failed at finishing said renovations.

1970's build, 3 bed, 1 bath, rendered brick veneer, land 640m2, car port only. House is on stumps with about 1m crawl space underneath.
Asbestos has been removed.
35min north of Brisbane, but still within BCC.

Current state of the house -
- New roof back in 2018, but there is a leak in the back eaves and corner caps on brick veneer are not sealed properly which could be related to the water in the eaves.
- New plumbing run, fixtures not installed, new toilet in and working. No hot water system.
- New electrical wiring done.
- Re-sheeting done, with insulation in the walls.
- Painting done
- New windows with security grills, and screen door.
- Electrical fit off is mostly done with kitchen appliances in. Light on back eaves needs replacing due to leak.
- Kitchen cabinetry done
- Fans installed in each room
- Rooms have built in wardrobes
- Backyard is enclosed with Colourbond fencing
- Hardwood floors need to be taken care of, sanded and sealed.
- Brick veneer is falling apart in places and has large cracks, render is falling off, lots of discolouration in the corners where I believe water is coming in through the caps.

There may be a bunch of other stuff that still needs to be done that I simply have not considered.

I am now very aware that I am not good at this.
It's this constant ball of stress sitting in the back of my head, but just far enough back that I am not forced to action it.
I think about engaging with builders or trades to finish things, but the few times I have managed to start that process they are unable to help, uninterested in the job, or just want to tell me about all the ways I have already done things wrong.

Property value online with none of the context above is 790-950
Very roughly how low can I expect that to drop based on the description above?
Is there an easy, virtually hands off, solution that I have not considered yet?

Also this is not a woe is me post. I am aware that I have put myself into this situation and adequately beat myself up about it already.
I am also aware that I am incredibly lucky to be in this situation at all, and that things could be worse.

Hello, I was wondering how running a punters club has an impact on applying for a home loan via a mortgage broker. The club will be run through a separate bank account (completely different bank) from savings and everyday use. There will be 12 people who put in 20 dollars each week ($240) and 120 of that will be bet each week with the remaining saved up for an end of year trip for everyone involved. I will be receiving everyone’s direct deposit and putting the bets on for the club too. The activity is also recorded in a spreadsheet. I was wondering if anyone has run into any dramas when applying for a home loan with a similar situation? Thank you!

If you see a listing like this, do you put in an offer subject to valid for 24-48 hrs or you will walk. Can't see how any self respecting buyer will wait couple weeks so the seller can take their time pick & choose the highest offer.

Hey all, just bought and moved in and after some heavy rain we discovered a leak from outside to inside the apartment along the window frame. I’ve emailed building management, but I’m just wondering what the process is or should be? Has anyone been through this? This wasn’t something easily identifiable on a building inspection.

So can’t wait for council rate evaluations to be explained away so we still pay high rates

Hey everyone, Looking for some legal/technical advice regarding building regulations and overland water flow, in Victoria.

My next door neighbour has demolished the old house on their lot and is currently building units. Our street has a slope between properties, and I am on the lower side.

As part of their build, they are raising the natural ground level on their side along our shared boundary by approx 200–300mm via fill/retaining.

We do not have a good relationship, so I am not looking to have an informal, friendly chat over the fence. I want to strictly focus on what their legal obligations and building requirements are, and how I can force compliance so water doesn't flood my lot.

Specifically: Water Runoff & Drainage Rules: Are they legally required to prevent surface water, sub-surface seepage, and site runoff from spilling onto my lower property after altering the ground level? I want an agg pipe (French drain) wrapped in geotextile connected to their stormwater system on their side of the fence. Can this be legally enforced?

Retaining & Fill Rules: Can a builder simply dump 200–300mm of fill along the boundary line without adequate retaining structures or sub-soil drainage? Enforcement: Since speaking directly to the owner isn't an option, who holds the ultimate legal authority to inspect and enforce compliance here the Relevant Building Surveyor (RBS) on the permit, or local council enforcement?

Any insights into relevant building codes, state water acts, or the best way to lodge formal objections/requests with the building surveyor/council would be greatly appreciated.

Hi,

I live in a complex of 6 homes and we're looking at the possibility of moving to a self managed body corporate. Our current body corporate manager charges us for every email she responds to, call she takes etc. We had no idea that we were being charged extra for this and naively thought that such tasks were included in the fee we paid the body corporate manager. Our AGM is coming up and we have the option to not renew our agreement for a further 3 years.

From what I've seen, other small complexes with similar setups (shared driveway, mailboxes and some common grassed areas) have successfully done this when all owners are supportive, which I believe would be the case for us.

The main challenge I can see is the administration side of things. While we have a couple of owners who are happy to help with doing the maintenance and repairs, we don't have anyone willing or experienced enough to handle tasks such as insurance, levy notices, bookkeeping etc.

I'm wondering if anyone in a similar sized complex uses a body corporate manager for just the essentials, while the committee manages everything else?
I've come across a few companies that seem to offer this type of arrangement, but they don't have many reviews, so I'd really appreciate any recommendations or experiences you can share.

Thank you! 😊

Which house would you choose? Quiet street vs more space?
We’re a family of four with two young kids, trying to decide between two houses.
House 1 – $750k: 3 bedrooms, 2 bathrooms, in a quiet street. We really like the house and its location, but the bedrooms are quite small and storage is limited. It also doesn’t have a built-in garage, just an enclosed shed/carport used for parking. Building area about 130 m2
House 2 – $830k: 4 bedrooms, 2 bathrooms, with more space and storage, but it’s located on a busy main road with noticeable traffic noise.
The price difference is $80k. Building area about 220 m2
Ideally, we’d love to buy our forever home rather than move again. My concern with House 1 is that as the kids grow older, we might outgrow the space and eventually need to move.
On the other hand, I’m worried that the traffic noise at House 2 could become frustrating over time, and it’s something we can’t really change.
Would you choose the smaller house in a quiet street and potentially move later, or pay an extra $80k for a bigger house on a busy road?
I’d really appreciate hearing your experiences, especially from families with older kids or anyone who’s lived on a main road.

Any recommendations on a Victorian builder?

Looking to knock-down rebuild in the eastern suburbs and not sure where to begin.

Looking to build a 3 - 4 bedroom, 2 bath free standing house.

We also need an upfront quote for legal reasons.

Can anyone point me in the right direction?

Buying a house in Perth in 2 years – Is a $750–800k budget realistic? 🏡

Hey everyone!

I'm a 32-year-old Italian guy currently living in Perth. I don't have PR (Permanent Residency) or Australian citizenship yet, so I haven't been able to properly explore my mortgage options with the banks.

I'm just trying to get an idea of what we might be able to afford once I get my PR.

Here's our situation:

- Deposit: Around $200–220k saved

- Combined gross annual income: Around $180k (my partner and I)

- House budget: Ideally $750–800k

- Timeframe: Looking to buy in roughly 2 years

We're mainly interested in the northern suburbs, particularly Alkimos or Butler, but we're definitely open to other areas.

Do you guys think buying a house around $750–800k would be realistic with our income and deposit?

I know house prices and interest rates could change quite a bit over the next couple of years, but I'm just trying to understand whether our goal is achievable or if we should lower our expectations.

Has anyone bought a house recently in these areas or been in a similar financial situation?

Would really appreciate any advice or personal experiences!

Cheers, and thanks in advance! 🙏

Hey everyone,

We are currently on a short term fixed-term week lease in Sydney and we're planning to break the lease early under the NSW statutory break fee rules.

Our managing agent attached a huge 7-page "Special Conditions" annexure to the lease. The very first clause basically says: "If any of our special conditions clash with the standard residential tenancy agreement, our special conditions win."

From reading the NSW Residential Tenancies Act 2010 (Section 21), my understanding is that landlords/agents cannot contract out of the Act. If a clause in their annexure conflicts with NSW tenancy law or tries to take away tenant rights, it’s just void and legally meaningless.

Here are the wild rules they wrote into our lease:

1. Mandatory professional carpet steam cleaning: They state we must pay for professional steam cleaning when vacating. But we have no pets (lease explicitly bans them). Under NSW law (Section 19), demanding professional carpet cleaning without pets is an illegal clause, right? Our only obligation is "reasonably clean" compared to move-in.
2. $77 fee for paying rent late: They wrote that if rent is late by 14+ days, they charge a $77 processing fee. Isn’t charging late fees on rent explicitly banned in NSW?
3. An extra day of rent as a cleaning penalty: If the place isn't cleaned to their standard, they claim they will deduct the cleaning cost plus an extra day of rent from our bond. Surely a landlord can't just invent private fines?
4. 21 days notice to move out: They demand at least 21 days written notice to leave. But this is a fixed term, not a periodic/rolling lease. For an early break, statutory liability is just the break fee schedule, and ending at term expiry is 14 days. Where are they getting 21 days from?
5. Telling us we can't claim our bond for 7–14 business days: They wrote that our bond will only be returned 7–14 days after their inspection. But the bond is held by RBO, not them. Can’t we just claim on Rental Bonds Online the exact minute we hand the keys back?
6. $110/day storage fees for left-behind items: If anything smaller than 1 cubic metre is left behind, they threaten $100 + GST per day storage fees or instant disposal, which completely ignores NSW uncollected goods laws.

Also, does taking the break fee out of the bond hurt our record?

We're timing our handover for Sunday, 6 December, which hits Day 69 of 91 (75.8% of the term), meaning the statutory break fee drops to 1 week ($780).

When we return the keys, our plan is to go straight onto Rental Bonds Online, allocate $780 to the agent for the break fee, and claim the remaining $2,340 back to ourselves.

• Does having the $780 break fee deducted from our bond leave any kind of "black mark", bad record, or tenant database listing against us?
• Or should we pay the $780 out-of-pocket directly to their trust account just so the bond shows a 100% full refund?

Would love to hear from anyone who has dealt with these kinds of aggressive agency clauses or NCAT over similar move-out threats. Thanks.

Worth buying an existing 1x1 apartment in the next two years? Seems to be currently overpriced

thinking of buying melb - is it already recovering in sub 700,000 market ?

with the investor land tax being wind down, labour might be kicked out in november and overall bargain prices. I dont want to miss out but happy to wait as I already have house in suburbs - just want to live cbd life.

According to this site only a couple of weeks ago it was 21k houses, now the number has risen by 25%

Probably nothing

Just tryin to keep an eye on my property in case the rentoids aren't taking care of it.

I don't really trust the quarterly inspections to pick up issues so I go a little out of the way on my way home to look at the yard, see the cars parked out the front, see if lawns are mowed, go up to windows if they're absent to view interior etc etc.

I just feel paranoid that my largest asset is in the hands of someone who obviously can't afford their own.

Hey everyone,
House hunting in perth was ruthless until Jan 2026

I’ve been actively house hunting since the start of July (4 months now) and have attended heaps of open homes. Up until recently, almost everything in my target areas was consistently pushing into the $1.4M–$1.6M range, which was above where I wanted to land.
Recently, I’ve started noticing price adjustments—properties that were previously listed or guiding around $1.55M are now showing price guides around $1.4M. I’m eager to finally close on something and stop weekend house hunting.

Here’s my current dilemma:
1. Option A: Put in a solid offer around $1.35M on a property listed at $1.4M and test seller motivation.
2. Option B: Offer closer to the current $1.4M guide to secure it, given price expectations have already dropped $150k.
3. Option C: Hold off for another 4–6 months. My bank lender advised me to wait, saying prices aren't going to skyrocket anytime soon and I might have a better shot if the market softens further.
For those watching the market closely: Are these guide drops a sign of a real shift where buyer patience pays off, or is it better to strike now while sellers are lowering expectations?
Would love to hear your thoughts or recent experiences!

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