it’s a bit like whether you buy a property overlooking the ocean or one in a country town – you have to weigh up the growth vs the return

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

John – 0419 198 856

my girlfriend’s mother has just been diagnosed with asbestosis and given 9 months to live – she had no more exposure than teh average person i.e. hasn’t worked in Wittenoom etc. as always happens – when you are affected by something you start to notice articles and info about it. last Saturdays West had a 1 page article covering these issues and…[Read more]

sounded too good to be true from the outset. the ATO had their noses out of joint from the word go which is why I held back… seemed a bit risky given the ATO had flagged their discontent with it. I have to admit I can’t see any major repercussions form this – just business as usual really.

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

sounds like it is directed towards a full on excavation operation. If it were me I wouldn’t be too concerned.

Marty – I think you need to do a bit more than one electric bill. If they audit you they will want to see a full intention… which could be supported if you had: a phone connection, power, gas, all your mail directed there. Then you could support your reasons why you decided to leave your home e.g. a new relationship, job transfer, didnt like the…[Read more]

Hi Fern – I guess there were two points to my comment:

1) the saying doesn’t make sense because it disregards things such as: (a) an economy can grow (b) the population can grow (c) value can be created without costing something e.g. a new technology and so on. If the saying were true, then a property’s true value should be the same as it was…[Read more]

any sort of tax that stifles productivity and getting ahead seems to be in favour. but aussies love the socialist ideal and the concept of tax the wealthy to help the poor – the recent outrage about tax cuts for anyone earnign more than $52k is testimony to that. As an article in todays West concludes: “We need to value our wealthy and our…[Read more]

Originally posted by Fern:

My opinion: For every loss there is a win

Very true, and with all the winning thats been going on over the last three years, there is going to be one hell of a correction.[biggrin]

This may be a catchy saying but it makes little sense….

I want to buy a holiday home by the sea in the next 12 months – but I am…[Read more]

“your deal’s in trouble if the difference between making and losing money is claiming a tax deduction for depreciation”.

Yes but this is confusing cashflow with profit – two different concepts. A CF- person is relying on capital growth to collect the profit. There are many suburbs that have generated an average 10%+ cap growth over a 30 year…[Read more]

Originally posted by georgisj:
Ausprop,

Some information/data on east coast property prices from APM

http://afr.com/articles/2004/05/26/1085461821861.html

James

Wow! amazing data. is the feel on the ground the same or is it just usual crazy stats not reflecting reality? The data suggests there could be some good buying over there. Speaking…[Read more]

are prices really falling in Syd / Melb? Perth is still rising strongly and is expected to continue for some time. I would be interested to see some factual data on the east coast declines.

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

John – 0419 198 856

“Hmmmmm…don’t you think that is exactly what has been happening ????”

yes I think it is but I think this is the thin end of the wedge – there are still too many people starting to think about investing for a prolonged crash to occur (IMO). – not ruling out some market stagnation tho.

Salubrious – no probs. all entitled to our own thoughts, its…[Read more]

my problem is that people have been saing this for a few years now. the choice is either to go for it or sit back and do nothing. A few years ago I sold property to wait for the supposed plum opportunities that were about to present themselves – talk about regret! Timing the market is a mugs game. This is what the baby boomers are up against -…[Read more]

I would also suggest Richard Lambe of Mercia Taxation, also based in Subi

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

John – 0419 198 856

well proof is always in the pudding… coke, mcdonalds, kfc, subway, colgate, palmolive, ford, gmh, dell, microsoft, the internet… i dont see any of these being unpatronised or going broke. Everyone is happy to accept the benefits from the US (including saving our butts back in the 40’s, but hey what’s loyalty?). Blowing up kids, i assume this…[Read more]

in all this discussion, it’s worth remembering that home ownership tends to be a peculiarly Aussie obsession, as opposed to countries like Germany where the thought of it doesn’t enter many peoples heads and they are quite happy to secure a lease for many years (this is according to a program I saw once on the BBC). Is the constant support by the…[Read more]

this bashing of consumerism is all a bit ho-hum. The worlds biggest consumer economy, the US, is always sledged as being some greedy giant, yet it is the standard to which all nations aspire. We all want designer labels, flash cars, nice houses. If you want to be a hippy and carve wood branches in the bush go for it… the main stream will…[Read more]

When owners of development sites will only sell if they get a premium that includes a slice of the developers margin – without the risk! (I can think of a few guys that really should have taken offers last year!)

Interesting opinion near the front of the current API mag… P11 and P12. The summary is “The investors who have been quietly building…[Read more]

not to mention GST – applicable to vacant land

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

John – 0419 198 856

are you joint tenants or tenants in common? make sure you appreciate the difference.

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

John – 0419 198 856