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  • Profile photo of god_of_moneygod_of_money
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    March 26, 2009 - 10:47 am

    Richard,
    Do you think it will cool down the price in the future by introducing 90% LVR?

    Profile photo of god_of_moneygod_of_money
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    March 26, 2009 - 10:41 am

    Can't u just do quick search instead of posting the same question again and again…
    At least the same question being post 10 times over the past few weeks

    Profile photo of god_of_moneygod_of_money
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    March 25, 2009 - 10:46 am

    just look at yellowpages or do surf through google

    Profile photo of god_of_moneygod_of_money
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    March 25, 2009 - 9:45 am

    council 1500??? very expensive.. unless big block of land
    $500 management fee.. you mean real estate management fee…. it can up to 10% management fee in rural area…

    I myself don't like rural area… as you can get 6%+ near sydney CBD with depreciation value = 8-9%

    Profile photo of god_of_moneygod_of_money
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    March 25, 2009 - 6:53 am

    More to come I believe.

    When are they going to reassess the borrower who previously borrowed the loan of >100% LVR?
    It will trigger massive SELL OFF in the property market as the lenders are clearing their books……
    the doom is coming :)

    Profile photo of god_of_moneygod_of_money
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    March 24, 2009 - 6:36 am

    Well, he is just a salesman… no one can predict whether the propety price is going to double or half in next 10 years…
    Do you think Frank Lowy or Rupert Murdoch will give such a 'cheap' seminar?

    Profile photo of god_of_moneygod_of_money
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    March 24, 2009 - 2:36 am

    $12k per year fee
    Wow… you better put your money in the term deposit and risk free without spending $12k..

    Profile photo of god_of_moneygod_of_money
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    March 23, 2009 - 11:59 am

    who is billabong Perin?

    Profile photo of god_of_moneygod_of_money
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    March 23, 2009 - 11:56 am

    I guess that 95% first before 90% LVR…
    and it may be compulsory for every buyer to have 20% deposit when buying a property in the future… 2010???

    Profile photo of god_of_moneygod_of_money
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    March 23, 2009 - 11:53 am

    or crack into their letter box and steal some letters

    Profile photo of god_of_moneygod_of_money
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    March 23, 2009 - 9:11 am

    "It was done by a commercial real estate agent at 1200  per sqm "

    I think it is almost impossible to get a urgent finance with valuation by commercial real estate agent..
    The grade A commercial property is down by 30% despite their prominent landmark building…
    Gud luck

    Profile photo of god_of_moneygod_of_money
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    March 23, 2009 - 8:33 am

    Is this the last saga of 100% loan product?

    Profile photo of god_of_moneygod_of_money
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    March 23, 2009 - 1:48 am

    If you look at the auction figure closely ( I am talking about Sydney's market), the amount of turn over is 4x less than previous year…. so that the %of auction rate is MISLEADING.. The volume of transaction is 4x less….

    Profile photo of god_of_moneygod_of_money
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    March 22, 2009 - 9:47 am

    I agree with you Michael. The BOOST by government while creating a big black hole defisit, will basically creating more pain for property market in the long term. The game has already begun….

    Profile photo of god_of_moneygod_of_money
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    March 22, 2009 - 9:25 am

    I would consider high single digit or even double digit for large regional properties. I do know lots of doom and gloom in the mining areas but avoid at all cost. Main reason is I can easily get an unit/apartment close to sydney CBD for 6-7% gross rental return.

    Profile photo of god_of_moneygod_of_money
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    March 21, 2009 - 7:09 am

    Just becareful of congestion TAX if invested in car parks around sydney area/north sydney
    It may make your investment become worthless

    Profile photo of god_of_moneygod_of_money
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    March 20, 2009 - 9:49 pm

    Just put the offer (the price that you think reasonable) in writing to the real estate agent…
    There are currently lots of 'potential' home buyers looking to purchase creating a 'mini' boom in sydney's market.
    Wait till the end of this year…. you will probably see more distressed seller as unemployment rate is predicting to hit 10%
    i.e. 1 in 10 will lose their job.

    I personally would stay away from this current market at least till July as it is a seller market. But you don't want to waste BOOST from gov.

    Profile photo of god_of_moneygod_of_money
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    March 18, 2009 - 6:42 am

    10% return???

    Profile photo of god_of_moneygod_of_money
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    March 18, 2009 - 6:32 am

    It is a bit unrealistic to buy property in sydney with CASH

    Profile photo of god_of_moneygod_of_money
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    March 18, 2009 - 5:32 am

    Make an offer of A$ 20 dollars
    i.e. 5% return

Viewing 20 posts - 641 through 660 (of 949 total)
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