Any thoughts re article below?Home buyers lose out in tax change Author: Natalie Craig, Property ReporterDate: May 17, 2008Ironically new home buyers are constituents the Rudd Government has championed since its election. Property Council of Australia director Trevor Cooke said certain housing developers would now pay a greater proportion of…[Read more]

I agree with Bala in that those suburbs are poised for growth given the infrastructure and amenities. It's set to be like Parramatta of the Hills. I also agree with Bala that units are few reflecting the low demand in the area. I live in the Hills and majority of the population is families with children, and people here generally prefer houses.…[Read more]

Hi DAs someone who owns 4 car parks, I thought you may be able to provide some tips on assessing the following proposal. I have someone who is proposing to buy a commercial car park in North Sydney. It has 62 car lots and the current tenant is into his third year of a 10-year lease. One of the terms of the lease is that rent will increase by 4%…[Read more]

Hi JonThanks for your comment. I hear what you are saying — it is a very real issue then and worthwhile to bear in mind when investing in some of those areas. Where I live, the grass is quite green and so it's easy to overlook the impact of the drought on the real estate market in other areas such as Dalby.  Eve

Interesting thread…I co-owned a Hyundai 1993 hatchback with my housemate for 2 years. I paid $1700 for my share of it. I moved to Sydney 3 years ago and decided to give the rest of my car ownership to my housemate. Less than a year later, the car had to be written off as he loaned it to a friend who crashed it.Now, I rely on feet and public…[Read more]

I live in Sydney Hills area and noticed a lot of houses up for sale. One 3bdroom next to TAFE has been on the market for nearly 3 months and the advertised selling price has come down by 20k. It still hasn't been sold. Houses here are generally nearly half a million and rent is only in the mid 300s range. The yield is better in Brisbane. I believe…[Read more]

Hi, do any of you know where we can find updated statistics on mortgage defaults in Australia?Cheers,Eve

Beck: please ignore earlier post asking for your email address. I have sent you a private message.

Beck wrote:
HI EveSydney!Welcome to the site. I can help! If you like me to help with suggestions and maybe walking you through the process jut shoot me an email with you number and / or email and we can talk.Happy days,Beck

Hi Beck, what is your email address? Thanks.

Thanks for your input. Is it possible then to fix a price taking into account the projected capital growth? How do sellers work out the selling price?