I live in Frankston and times for positive geared properties are gone (there were some properties in North Frankston going for 70 – 90 K three years ego but now close to 200K).
I believe that Frankston is still good for grawth as you can still get properties on west side of railway line (beach side) for under 250K (just).
As for the tenents in…[Read more]

Hi Enduser.
I agree with you. There is a land on cnr of Overton and Inglis in Frankston (approx 1200m2).It has a permit for 4 units (3 two storey + 1 single storey). Owner wants to sell it all for $450K. It went to auction in May and it was passed on at $365K. Now different agent and even higher price.
Is it possible to make money on developing…[Read more]

Argentinian currency ?[]

I believe that your Super will need to cover 100%
of the propery and purchuse value.

Kimmy

I think you in better location then most to find positive geared properties.
Karatha,
Port Hedland and South Hedland
Derby,
Tom Price,
Newman

Give local agents a call .

If I was to buy and live in I would go for Redclife. Also CG.
If the property would need to be rented at any stage I would go for Redland.

Don’t settle or ask vender to drop the price to recover the difference.
$100 times 52 = $5200
off agreed price

I guess you didn’t read Steve’s book and don’t know what I ‘m talking about.

Broome – beautifull place.
Problem – very expensive. Don’t think you find anything there under 200K. Rent would be in around $200 per week mark but not enough to make positive geared property.There is a new estate north of Broome on the Cable beach and all houses are above $1 Million.
Broome is a Byron Bay of West Coast Australia.

After buying one property with one agent I know that I would not use this agent to sell my property. He was putting more pressure on seller rather than get best price or him.
I would sell my property with Jenman recommended agent though. They worked for me rather than buyer.

Thanks Dram

I did that .

I guess that they still have my mobile number on the order so they can contact me.

Andrew