Matt007 wrote:
Anyone know what demand/prospects are like in Blackwater at the moment? Curious to know who's buying and renting etc…

I just signed a new weekly lease @ $450 a week for 12 months, 3 bed highset. I took less rent for 12mnths security.

most importantly make sure there is money in the body corporate and the building is structually sound. You dont want to have to fork out for underpinning of footings in the future.

NEVER CC If you default on one of your loans the bank will take/auction off the property with the most equity to recover their funds eg principal place of residence. You can always draw down on your equity on a stand alone portfolio. You might have to repay mortgage insurance(depending on gearing level) but its a much safer option.

maybe they should of kept raising interest rates, that would of really helped…

the important thing about interest only loans is that it increases your serviceability

Dont agree with the handouts, I mean how will this create jobs, might contain jobs for a few more months. Totally agree with the rest of the package and also he should fast track and start work on two major infrastructure projects in each capital city

Badgers_R_Us wrote:

Badgers_R_Us wrote:

jthomo wrote:
How many IP do you own badger???honest answer only though….

Why?  Would it be your assertion that the merit of my contribution is directly linked to the number of IP's I have?  My brother knows a great deal about tennis rackets,  but I think he's only got one at the moment.Or per…[Read more]

bardon wrote:
what about Peak Oil ? Anything on that ?

wait a couple of years when it all turns around, recessions are planned to reduce inflation to stimulate future growth. In my opinion  Oil will be worth $200 a barrel in 3-4 years,

The Chinese and Indians dont want to live in tents anymore. They will become more westernised and become middle class societies. coal, gas, copper, iron ore etc.The only ghosts town you will find will be in rural China, highly unlikely in the bowen area. Sure some towns might contract and yields might drop there for a couple of years but this will…[Read more]

I set up a HDT a while back and be holding of buying anything under it. I was wondering though if I could change the name of the company that controls/owns the trust??
Also, should I bother buying anything at all with it? Previous posts suggest not, Yes Im confused as my accountant also suggests not to bother with them….

10% yields are back and 250bn projects and infrastructure planned in mining towns. I know where im buying next!!

crashy wrote:
I agree mostly.I would also add that rents are still rising and rates are falling so fast that many people will decide to stop renting & buy.but I think a recovery by Jan is way too soon. the share market is still hitting new lows every day (despite many forum members declaring it was time to buy months ago) and until this stops…[Read more]

are australian banks short of capital at the moment, umm, I dont think so, is there going to be a mass influx of retirees next year? did the japanesse  have superannuation systems in place?? 

Kuade wrote:
hbbehrendorff your points and sentiment is exactly the same as the rest of the "Doom and Gloomers" as you put them. Your points aren't relevant. The media has clearly  had an impact. Firstly. Australia's property market is not in the USA. The US issue was a bomb waiting to go off. 1. a massive oversupply of houses and subsequent…[Read more]

maurice Levine wrote:
Hi Guys, I am new to your forum. There seems to be so many differing opinions on the advantages and risks associated with buying in the mining towns. I have two properties that I am currently considering: 1 is in Dysart – a 4 Bedroom going for $485,000 with a lease in place for $1,000 / week. 2nd is in Blackwater – a 3…[Read more]

hbbehrendorff wrote:
What is with the idea that life is just one big never ending boom ?Wealth does not come from the ether you know.

I have a question for you hbbe…,What did 1 dollar buy you 200 years ago, what does it buy today and what will it buy in 200 years time?hence property will start to boom, more money will be printed, distributed,…[Read more]

so when will the boom begin?

Scamp wrote:
r />Australia's housing crash is going to be worse than America's crash. If you have a mortgage, chances are big you will go bankrupt. Your capital gains over the last 3 years are officially gone already, and the crash hasn't even happened. Wakie wakie, back to reality now.

Please explain how or why this is going to…[Read more]

ive bought a tent ad a oil lamp so we can bunk together when society goes back to the middle ages.

JL wrote:
benmelbs,Have you bought in Ouyen.  I notice that a set of 5 x 1units have come on the market for 180-220k.  If you could hold until the mine opens, it could be a very profitable purchase?JL

theyve been on the market for over a year