Some areas are monopolized. Although I have aproximately 7 agents to choose from in a smallish coastal region, all of them charge 9.9% and 1 week. No negotiation. It is a high rental area though.

Damn shame to think I’m loosing over $1200 every year for them to do nothing.

Damn.

Hi there,

Just received a report saying that Stanwell is the go because of Government support. They just need to finalise those details over the next month.

If you want more info go to their website and register your email for news updates.

I have one final thought for everyone who keeps asking about Rocky…

Maybe it’s all a bit of hype but…[Read more]

Hi there,

Just look at real estate websites on your set area for general rents fo set number of beds and building type and cross reference to sales prices. Speak to the agents dirrectly also.

Also look closely at the Residex site and see how they do their property price predictions. No scientests are employed, they just look at a plotted graph…[Read more]

Sad story –

Most definately get the pest inspection every 1 to 2 years especially if your aware of the region being a high termite area.

I just got a lump sum bill of $2300 for a baiting program to remove a minor infestation. A new system that removes the barrier spraying concept for which I was quoted $7000.

Additional advice – the barrier…[Read more]

Hi Big ben,

I have been in this same senario and would never look back on my decision.

I could not apply for a loan while having 50% share in a property I had. It gets complicated. The second property can tie up the entire equity of the first property stopping the other 50% owner from also applying for another. Effectively your greedy and…[Read more]

Now thats what I’m talking about!

A forum specific to developments projects and growth regions. I already put my 2 cent email in to the administrator…

Another area to look at is the M2 extension which will open up a lot of suburbs with better access to the city. Castle Hill was a good example of when the M2 was built. That suburb increased…[Read more]

I’d be interested to hear what Steve McKnight thinks of the topic. I don’t recall any lengthy comments in his books.

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