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Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of BenhamanBenhaman
    Participant
    @benhaman
    Join Date: 2008
    Post Count: 7
    June 13, 2008 - 1:10 pm

    personally, at first my thoughts are 'i think this "SCAMP" guy should be banned from the forum as all he seems to be about is "DOOMSDAY IS COMING", like the crazy guy you see in movies wearing a body sign claiming "THE END IS NIGH!!!!".'
     
    Can be somewhat discouraging to new comers….

    Having said that… "THE END IS NIGH" guy in the movies is usually alaway right and you see everyone running for an escape like a fleein pack of rats!!!

    Who know's, maybe with the way cost of living is going in this country and constant interest rate hikes, the future is set for a major downward turn?!

    My main concern though is that if it were to happen would the Gold Coast really be affected with the limited amount of property?

    SCAMP get's me worried yet gives me hope and I find this confusing!

    Profile photo of BenhamanBenhaman
    Participant
    @benhaman
    Join Date: 2008
    Post Count: 7
    June 13, 2008 - 12:56 pm
    joecool70 wrote:
    Hi Benhaman

    Sorry guys, might just be a bit off topic, but it may be of interest to Benhaman. I know this comment may not answer your question, but I'm part of a group of property investors that meet once a month here on the Gold Coast. We are a not-for-profit group, but people of differing experience in property investment. The group's been going for just over a year and I've found the information we all share invaluable. We'd be happy for you to come along and share the knowledge. The meetings are free and open to anyone who may be interested in property investment, no matter what level of experience you may have – even if you're starting out. We just had a meeting this week at the Southport SLSC and had a guest speaker talking to us about Trusts. Our meetings are normally scheduled for the first week of each month so, if you or anyone else is interested in coming along, just send an email to: [email protected] to get further details of the time and venue.

    Cheers

    thanks for the invite joe cool…. actually found your group meeting advertised in another thread few days ago and was telling my mate about it yesterday… will most likely be at your next meetin… keen to say hi and see what advice is on offer… thanks again :D

    Profile photo of BenhamanBenhaman
    Participant
    @benhaman
    Join Date: 2008
    Post Count: 7
    June 12, 2008 - 11:00 am

    my mate was looking at these units in varsity towers. its a big block of units/studio keys built onto the water directly across from the uni. The buy now price for one was $250 k and the real estate agent put down in writing each one could be rented for up to 240 per week so thats 440 a week which would cover repayments… however, as it says up to 240 im just wondering what the chances would be of gettin that kind of weekly rental income and would it be year round?

    sounded too good to be true but i guess you never know…

    here is a link to the kind of thing i am talking about however when you do the sums as to what they say in this its not the same as what he had on writing from the real estate agents so something is up there.

    http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104930291&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=82032024&s=qld&snf=rbs&tm=1213268179

    or

    http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104580217&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=82032024&s=qld&snf=rbs&tm=1213268179

    or

    http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104945278&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=82032024&s=qld&snf=rbs&tm=1213268179

    Profile photo of BenhamanBenhaman
    Participant
    @benhaman
    Join Date: 2008
    Post Count: 7
    June 11, 2008 - 11:36 am

    so would the gold coast even be a good place to consider to invest in the next 10 years or should i be looking elsewhere?

    thanks guys, good to be gettin some info :D

    much appreciated

    Profile photo of BenhamanBenhaman
    Participant
    @benhaman
    Join Date: 2008
    Post Count: 7
    June 11, 2008 - 9:56 am

    as i know nothing about south australia, what would be some areas/suburbs of the state to look at property?

    Profile photo of BenhamanBenhaman
    Participant
    @benhaman
    Join Date: 2008
    Post Count: 7
    June 10, 2008 - 11:52 pm

    Does this apply for gold coast? One person once told me the prices would go down everywhere except the gold coast cause everyone wants to own there so it might slow down but would never drop,

    maybe i should just move out bush

Viewing 6 posts - 1 through 6 (of 6 total)