JP Morgan reckon Sydney house prices are over valued by 36% – if this is correct I wouldn’t be touching Sydney. what are your thoughts?

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

“JP Morgan estimates that Australian house prices are 22 per cent above fair value – Sydney being the least attractive market, with a 36 per cent overvaluation – and that this overvaluation will cause investors to seek alternative investments or sit on the sidelines.”

a few interesting bones to pick out of that lot. What are they basing th…[Read more]

well I’ll chuck my hat in the ring…. I think it is a good investment area. When they finally sink the railway near the Ent Cent it will dramatically improve it. I think it has just had a bit of a bad wrap over the past few years but I would expect reasonably soon the cap growth will be corrected. I dont think it’s as dodgy as people make it out…[Read more]

with the announcement of the new satellite city 3kms inland of Singleton I think this has to be an even bigger winner than before. the beachside lots will be price pressured from the inland city.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

possibly… the decline could still be going on for a while tho, then the bottom, then the gradual turn around.

the reality is the professionals will make money whether the market is going up, down or sideways. you just need to adopt the right stratagey and select the right market at the time.

http://www.megapropertygroup.com

INVESTMENT SALES *…[Read more]

if you want a block in Perth you pretty much have to camp out. finding a block that will have titles in under 4 months time is virtually impossible.

warning bells… they are a long way away… your hearing mst be good F !

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

on tonights news is “how you can benefit from the stock market boom… how long will it last and what stocks do the experts tip”!! makes a change from which suburb will boom next anyway.

milk goes up 8% on Monday. it is quite clear to me that we are experiencing cost push/demand pull inflation and there is only one way to go with that.

these…[Read more]

In Perth it would be around $10k.. probly not much different in the east? as I always say – go down there and watch them demo it from your car (avoid those fibres tho!) – rip offs in the industry are common place. if you don’t watch them, dont be surprised to find half the rubbish buried in the fron yard.

http://www.megapropertygroup.com

INVESTMENT…[Read more]

scary stuff. intersting that he even bothers referring to BIS, but nonetheless it is a good read. with 175% growth less a 10% decline I would be tempted to lock my profits in

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

foundation has some interesting points. when you look at the clock it is hard to pinpoint where we would be on it because the world seems to have changed so much. modern civilisation is relatively short and to assume a pattern based on this history could be dangerous anyway IMO.

as for the share market – heck I am no authority. common sense just…[Read more]

R60 requires an averge lot size of 180sqm, so depending what your designer can achieve you would get probably 4 townhouses. check that the bulding is not heritage and have a chat to the council about their attitude to what you are proposing. The surrounding buildings are no guide to what you will be allowed to do.

before developing be sure to…[Read more]

the builders I have dealt with price zincalume and concrete tiles the same. then clay tiles are a bit dearer, then colorbond dearer again.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

“We need to have a stock market boom first.”

wow I thought we had already experienced the biggest boom ever and the party was already over. People I know with large portfolios are either getting out or about to get out. I certainly have no interest in buying shares after the huge gains already experienced. Take a basic example of BHP… when I…[Read more]

The attitude does really grate I must admit. It’s annoying to think that these guys believe they can sit around on the dole all dAY smoking weed and drinking at taxpayers expense when we are out slogging it hard, then have the audacity to say that the assets we have built up have been stolen from someone else and should therefore be theirs to…[Read more]

I think in Asutralia where everything is so new we have a use and throw away mentality. It is one of the reasons we focus so much on how big a house is and how cheap it is to build. The future for units… look to London. you don’t see them ripping down old houses in the middle of the Peterborough Estate just because they ar 50 years…[Read more]

2? gees they must have sold some since Sunday.

note that you can’t flip Singleton blocks… apparanlty its in the fine print of the contract. won’t matter if you plan to build on it.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

he claims all land is stolen from aboriginals – thus he is trespassing and should be deported to his ancestral country asap… see how much sympathy he gets for his beliefs back there. If he spent half as much time applying for jobs as spent writing this piece of rubbish he would be on the right course to be a productive member of society instead…[Read more]

would it be $405k in Nov 02? if so I would say that’s the one. they have reno’d it into a 2 storey. place is full of blue asbestos… I use to play in the cut offs as a kid – scary stuff. I can only cross my fingers. Dad hasn’t contracted asbestosis as yet and that was a good 25 years ago now.

Parmelia Way certainly rings a bell – must be close…[Read more]

good one bruham! don’t know about dearer than Melbourne… it’s still the cheapest median priced capital. backward outpost… hmm, will leave snobbery comments alone – a good refuge for the defensive. look where the wealth is generated in this country. I think the Swans win has gone to your head.

Subiaco use to be a rough suburb too, doesn’t…[Read more]

sorry to be living in the past but… Marisa our family beach house use to be # 1 Hooghly St. its about 15m from the breaking surf. sold it in 1991 for $75,000. always depresses me… I tell everyone who will listen.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT