Not sure how proficient you are with Excel Tiger but I've found making a spreadsheet can be an excellent way to understand the numbers for any calculation or project. There are spreadsheets you can borrow to begin with and use them as a complete product or modify yourself.

Derek wrote:
Andrew, Thanks for you valued feedback. Michael seemed to think there was a lot of song and dance about not much.  

I would expect there might be local benefits in terms of infrastructure perhaps, on a suburb level, but wonder about the impact on a more general level for a city of half a million+ people.The Gold Coast has been…[Read more]

Michael Matusik's latest thoughts

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Brisbane is at the bottom of the cycle and is set to improve.  Three things drive a property cycle north – confidence, supply/demand and jobs.  Confidence is on the mend, the Brisbane new housing market remains undersupplied and a plethora of new resource and infrastructure projects will help drive fut…[Read more]

An example of the kind of event that is out there, low key promotion, no upsell and real investors to network with. The most popular segments always are the 'real deals' where investors show the details of their latest project.http://www.meetup.com/BrisbanePropertyGroup/events/50335982/

In greater Brisbane if you are talking about the 250 level and houses in good condition then you are looking 20k+ from the CBD, areas like Logan City Council and Redcliffe to Caboolture on the northside

Good idea about talking to a valuer. Sounds unlikely as a plan though.When we have bought flats on the one title the valuer has looked at a per flat comparison, so 2×2 flats they can even look at single 2 bed flats in the suburb as a comparison.

Derek I have no reason to disagree with Matusik on this one about the Gold Coast, seems reasonable.

As well as asking agents check carefully with council or a trusted source. The idea being agents often know but you should always trust but verify!

Paullie wrote:
Interesting, so they are anticipating rate rises.

A sign of increased cost of funding and likely not related to any view about which way the cash rate will go.http://www.alankohler.com.au/graphs/wholesale-bank-funding-costs

Terryw wrote:
Sounds like you need a lawyer first. Many issues to consider

Agreed, first point of call if you are clear on the 'why' and are just working on the 'how'

I know something about this subject Generally been quiet since 2007, I have some detailed charts and percentage returns on here to look at in terms of Brisbane specifically.https://www.propertyinvesting.com/forums/property-investing/general-property/4342936

2012, Looks like being a good year! It might seem strange to get excited about a month that recorded a -0.03% capital loss until you understand what type of year 2011 was. I was predicting a flat January and my prediction has proven to be somewhat accurate. The increase in buyer activity was first noticed mid December and has continued right…[Read more]

Not all seminars and property evenings are teasers, plenty are though and aren't worth your time attending. As long as you keep the credit card at home and don't pay anything more than a few hundred dollars (at most) then it's not a bad way to learn and make up your own mind on what's out there. If the seminar motivates you to take calculated…[Read more]

I consider negative gearing is a tool rather than a strategy and therefore neither good or bad in itself but to be carefully weighed up as part of your investing. Blanket statements such as 'avoid negative gearing' or 'only buy positive cash-flow properties' are at best not helpful and at worst plain wrong in my opinion.

The latest Brisbane property data current till the end of December 2011. Eleven out of twelve months recorded a capital loss in 2011 and only three of the last nineteen months have recorded gains. If you are looking to ‘buy the dip’ in Brisbane property there is a healthy chance that this might be the time! With a capital loss of 6.7% for the…[Read more]

Fantastic question!There's so much toxic prediction out there and precious little concrete suggestions to pin down. There are good legal reasons why a person might not want to be specific but most predictors aren't specific for other reasons including they don't know any better.Three important questions you need to answer for any trade:1) What to…[Read more]

Not kidding and nothing that surprising about my comments unless you are seeking to jump on anything positive about the Brisbane market. Yes, plenty of noise to filter or ignore always!

The last couple of interest rate cuts have really buoyed the Brisbane market, I suspect the Dec-Jan figures will reveal that though it takes some time for the data to filter through. I personally know investors who have got rich from property in the 50's,60's,70's,80's,90's and 00's.. Now it's time to step up to the plate for the 10's! There are…[Read more]

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Very nice data put together, thanks for sharing.Ever done CPI adjusted numbers? Would be interesting to see 'real' growth. It's hard to estimate the chart going back that far…

Yes I have done CPI adjusted charts in cases, not going far back as 79 though I do have CPI figures back to 1985 or so. It's an interesting task but time…[Read more]

I suggest anybody interested in this area pay close attention to what is happening.http://www.logan.qld.gov.au/planning-and-building/planning/structure-plans-and-master-plans/logan-centralLooking at local plans makes for some interesting reading!