” AusProp,

I dont think the price is important its more to do with monitoring reasearch and speaking with people in the industry.

One particular house went from $235,000 to $180,000 in 1 month.”

hang on – maybe my accounting does are haunting me here but I would say it’s right up there in importance. a $55,000 drop in 1 month (23%) and looking…[Read more]

just trying to gauge the % drop that Dom has witnessed:

“houses have dropped up to $40,000 in some cases”

IMO I think that a further drop of this magnitude is wishful thinking but who really knows?!

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

“We demanded proof of the other offer. The other buyer has same condition as ours, (subject to finance plus 30 day settlement). Their offer was $313K (3K more than ours). We said, we’ll pay $314K, the agent called this other buyer to give him a chance to better his offer.”

would still like to know how you got all this information – if there was…[Read more]

he sounds like he is envious of the desk bound men and would secretly like a $40m mansion.

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

well they may have done well but I in the past I have been amazed at how much people pay for stuff that I was happy to throw out. its a very effective paper though. it comes down to time and reward, I would rather haggle new in the show room and be the one selling in the quokka in 5 years time when the washing machine or whatever has served its…[Read more]

exactly Terryw – if you don’t you may have to cross their palm with silver and you will be snookered!

wouldn’t recommend doing anything too physical prior to settlement, a lot of things can go wrong and a property isn’t sold until it is settled

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

what sort of price tag is on these properties?

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

Originally posted by obiwan:

1. median income : median dwelling values are astronomical. Through the roof. The ratio over the last 50 years has consistently been 4-6 (except at major turning points) it is currently 10 in sydney. The average person earns 50k in sydney and owns a 500k house. This is bedrock reality. The average person if they took…[Read more]

Originally posted by Sonja:
I recently heard something along the lines of “subject to approval by purchasor’s solicitor” which I quite liked the sound of. It doesn’t sound too long winded or list lots of conditions that may make the vendor baulk but it gives VERY broad protection.

Regards
Sonja

I saw this the other day… good luck if you can…[Read more]

a reverse mortgage only delays the problem, when the BBs finally pass away who will buy their properties? the banks would need to consider their risk exposure – they may find they are owed more than they can recover from these properties.

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

I think the problem with relying in immigration is that most other developed countries will resort to the same thing and competition for migrants will be strong. With Australia being little more than a holiday destination it is hard to see how we could attract skilled career people in any great numbers. One million Australians agree and have…[Read more]

in other words, other peoples land, other peoples money, other peoples profit ??

Regards – Dr Seuss

actually there is a company doing this very well in Perth. Like everything IMO, you need to gain momentum and specialise in the field, no point just doing a one off deal.

Extensive list of ‘Off The Plan’ property available for sale in…[Read more]

http://www.brw.com.au/freearticle.aspx?relId=11252

“Each of the eight imperatives in this special report ranks high on effect and urgency. They are the areas that company strategists cannot afford to ignore. They are also exigencies that do not necessarily fall inside the time horizons of company strategies, which are now conducted only over…[Read more]

also to get back on topic re the websites, as another poster said, there are really only two websites that are worth your time and effort – domain and realestate.com. The latter is for the reserve of REA’s. The REIWA website also attracts some decent traffic for WA buyers (and I assume these sites exist for other states?) but personally I think…[Read more]

this is an old age debate that can never be solved as you will never know if you would have done better with an agent. I agree with the earlier comment that the general public doesn’t like to deal with the owner direct. There is nothing in it for the buyer so why not go to a property where they get the benefits and protection of buying through an…[Read more]

does anyone know what the defining difference between a gen x and gen y is? I can’t think why 1976 would be chosen as a cut off year. I am a gen x and my girlfriend a gen y and we don’t have any major differences in outlook.

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

thanks Chris – that is one of our few options. I am told chattel mortgages are min. 12 months and we only need 4 months till the house is attched to the title, but it may have to be the option of last resort!

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

interesting. I see the investors club is promoting itself as a self help organisation??!! perhaps macdonalds should market itself as a ‘self help sustenance club’!

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

Hi Micasa – the CGT depends on what they cost you to build. Don’t forget the GST as well… they are considered new properties if you sell within 5 years I believe.

The next question would be what will you do with this money – where wil lyou find cf+ property?

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

I find that land is generally not listed… perhaps the agent fees are not sufficient for it to be marketed extensively or something. It means there is an opportunity for you there – however once you get the land you have to be able to build on it which is proving difficult in WA, the industry is still well under the pump.

Extensive list of…[Read more]