I understand the concepts and the power of compounding investment…What i dont understand is how people will be able to afford property in 30 years time, on the basis of 8% average growth for 30 years, take Darwin as an example used before:Annual Average Growth 8%Annual Inflaction 4%Median price today is $385,000Price in 10 yrs –    $8…[Read more]

From my calculations, the article stating Darwin prices to hit $8.36M in 30 years, based on 8% growth and median price of $385,000 is WRONG.Based on 8% growth over 30 years, the price would be $3.87M, and after 40 years, $8.36M, after 100 years $846M,If inflation is 4% per year for 30 years, at the risk of sounding like a moron asi have…[Read more]

Quite a number of things including:Gippsland Water Recycling Water Plant Expansion of the Australian Paper Mill at Maryvalehttp://www.premier.vic.gov.au/newsroom/news_item_archive.asp?id=1110Clean Coal and Coal to Diesel Project http://www.theage.com.au/news/national/secret-to-cheap-petrol-is-coal/2006/09/09/1157222384113.html

hey guys, sorry for the delay in replying, been flat out with work and stuff.Traralgon is where this property is located.

I've driven through a couple of times when driving from melbourne to brisbane, and personally I wouldn't slow below 60 in Moree!

so in theory, if you were to get a 6 month settlement date, and then sell the property 6 months later (12 months total) you would get the 50% discount on CGT?