Purchase Date:   October 1995
Property Type:   4 bedroom house on a subdivided block of 415 sqm in Carnegie
Purchase Price:  $174,000

Renovations:

* Painting
* Kitchen and front porch tiling
* Removal of a wall to create an L-shape lounge room
* New window furnishings
* Front and rear garden paving

Last Bank Valuation:        Sep 2008 - $650,000
Average Annual Growth:  11% per annum over 13 years
Current ROI:                    15.5%

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Purchase Date:   October 1997
Property Type:   2 bedroom unit in a block of 5 in Carnegie
Purchase Price:  $170,000

Renovations:

* Painting
* Polishing the floor boards
* Tiling the kitchen
* Decking at the back
* New window furnishings

Last Bank Valuation:        Oct 2008 - $520,000
Average Annual Growth:  10.5% over 11 years
Current ROI:                    9.8%

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Purchase Date:   October 2000
Property Type:   Off the plan 2 bedroom unit in a block of 2 in Brighton East
Purchase Price:  $305,000

Last Bank Valuation:        Oct 2007 - $600,000
Average Annual Growth:  10% over 7 years
Current ROI:                    7.3%

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Purchase Date:   March 2002
Property Type:   2 bedroom unit in a block of 5 in Carnegie
Purchase Price:  $277,000

Renovations:

* Painting 
* Polishing the floor boards
* Tiling the kitchen
* Tiling the laundry
* New window furnishings

Sold in February 2004:      $330,000
Average Annual Growth:  9% PA over 2 years

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Purchase Date:   January 2003
Property Type:   2 bedroom plus study townhouse in a block of 2 in Caulfield
Purchase Price:  $442,000

Renovations:

* Painting
* Parquetry floors downstairs and upstairs
* New window furnishings upstairs
* Building a wall in a study to create an extra bedroom
* Updating balustrades on the upstairs balcony

Last Bank Valuation:        January 2008 - $850,000
Average Annual Growth:  14% over 5 years
Current ROI:                    6.9%

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Purchase Date:   December 2005
Property Type:   2 bedroom Art Deco apartment in a block of 10 in Elwood
Purchase Price:  $386,000

Renovations:

* New Kitchen

Last Bank Valuation:        Feb 2008 - $540,000
Average Annual Growth:  12% over 2 years
Current ROI:                     5.6%

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Purchase Date:   November 2006
Property Type:   3 bedroom plus study house on a corner block in Brighton East
Purchase Price:  $742,500

Renovations:

* Painting
* Polishing the floor boards
* New window furnishings
* New wardrobes to 2 bedrooms
* New kitchen

Last Bank Valuation:        July 2008 - $1.1M
Average Annual Growth:  22% over 2 years
Current ROI:                    4.5%

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