Craig Turnbull’s group is called Aspire. be careful though as neither investors club nor aspire are clubs – they are marketing companies.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

I was back up there yesterday – gees its great up there. I don’t plan on living there but it is half tempting. The lagoon looked absolutely beautiful.

apparantly the flies have been disturbed by the earthworks and its not normally like that. I’ll buy that argument as I cant recall a fly problem at friends houses in old Yanchep.

what did surprise…[Read more]

in the scenario you paint there would be no point sinking a ground bore – the combination of increased demand and the raising sea level would see you watering your garden with salt water.
I think the the canal/pipeline or whatever is inevitable and just a matter of when. if we want to populate this country to a sustainable level we will need to…[Read more]

re the fly problem – my other thought was that maybe the earthworks was disturbing the vegetation that they breed in.

I have heard of this rumoured Melros. I must check it out

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

the word coming out from our builder is… price rises imminent (again!). land is almost unobtainable. stocks are at all time lows. no trades or materials to complete jobs. so, replacement value of Perth housing is set to continue rising strongly IMO.

my tips would be – buy something that’s a long way off the plan… let the developer bear the…[Read more]

was just driving and considering this whilst doing so… I can’t think of any land anywhere in the Perth area that would be 300m from the beach and available for $150k. there was Singleton which was about 750m fron the beach but that land has long gone. anchorage was 1km from beach and is now around $180k for smaller lots but thats all gone too.…[Read more]

intersting… a few points:

– no point in promoting to flip as it is not possible
– what has the council told you that alarms you so much?
– marmion ave extension is, i understand, all go? will be done by the time of stage 2 titles
– it is a new city BEING built… not ALREADY built
– who cares if it is a JV or whatever?
– “market cycle starts…[Read more]

it is just something you elect, just put a file note in your tax file.. but the property can’t have been used to produce income and you can only have one PPOR at a time i.e. you cant just decide on the day you are sellign a property that it is PPOR and hence tax free. have a read thru the cap gains section of http://www.ato.gov.au – HEAPS of worked…[Read more]

has any body heard anything of when the ‘dune lots’ will be released and any mention of price? they look really awesome, but if they are say $400k a lot plus a house then it is getting up there.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

“Where those blocks are positioned is directly behind one of the nicest lagoons, and coastal spots along the coast! I believe this is quite a unique opportunity…”

Hi Wayne – do you mean a different lagoon to Yanchep Lagoon? Yanchep Lagoon is awesome. On the weekend I am going to try and walk across where they are doing the earthworks to che…[Read more]

I have just spent some time reading thru the design guidelines etc. This developer seems to be doing something really special up there. A lot of the estates such as Anchorage end up with a heap of cheap spec homes and I like the attempt by Capricorn to specify the levels of finish etc.

I would flip earlier blocks if they let you and buy the…[Read more]

was attracted to the benefits of negative gearing in the early 90’s. Property was trendy then, perhaps not quite as trendy as it is now. If I had stuck to the philosophy of negative gearing investment I would be a lot wealthier today. I have never sold a property and looked back several years later and been been happy with the…[Read more]

there is a multi-page article in this weekends paper about the boom in Kal. they say if you are upright and have a pulse you can get a job in Kalgoorlie. applies for anywhere from Perth to the Pilbara mind you.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

I can’t recall any industry there going back as far as my memory serves – approx 1975. I really don’t think they would allow a subdivision on contaminated land anyway. in inner city redevelopmnent areas where there is contamination 10 meters down the developers were forced to note it on the title and obviously disclose prior to the sale.

it is…[Read more]

well the equivalent block to what I was buying but in the next stage seemed to be $20k dearer. At $170k it still seems pretty cheap to me.

the stage 5 price list on the website is wel out of date

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

I think it would be nice to buy a few blocks adjoining – then you could build a communal pool, have a cabana and outdoor kitchen for family get togethers, then everyone could go back to their own space.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

Yes heaps of discussion – they are a real estate/marketing company. Are you sure about the +CF tho? I thought they promoted -CF. mainly because getting someone to pay a hefty sales commission on a +CF property would be nearly impossible… they sell themselves.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

guilty as charged asdf – sorry mate. Good news for you if people are still speculating at those prices.

I didnt think the Somerly prices sounded too bad

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

Wayne donn’t belive you can’t make decent cap gains on the latter stages of an estate – I just flipped a block in the 2nd last stage of an estate for a 38% gain. ho much are they looking at for blocks up there and when are titles due?

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

yes 2.5% for agents fees sounds reasonable – always depending on how good they are of course. If they are great it’s a bargain – if they are hopeless you are being ripped off! if your business has been ‘renting properties’ then you should be able to claim a 50% CGT reduction – see http://www.ato.gov.au for heaps of worked examples. it will be payable…[Read more]