Interceptor replied to the topic Would u invest in Perth right now? in the forum General Property 18 years, 3 months ago
I agree. Gold Coast and Sunshine Coast are a solid investment, but with 300 grand it will be difficult to find anything near the beach apart from maybe a 1bedroom. As for Perth, it might be a little difficult to negotiate a good deal as owners are on a high right now.
I would head over to Brisbane. For 300k you can still pick up a house within…[Read more]Interceptor replied to the topic What the? Playing with peoples emotions in the forum No Subject 18 years, 5 months ago
I think the Perth market will continue along these lines for another year or so possibly up until the Beijing 2008 Olympics.
Growth in China at the moment is unbelievable (10.5 % in the last quarter)
The mineral boom will continue however we will see lower prices for commodities such as iron ore in the next 6-12 months. The last negotiations with…[Read more]Interceptor replied to the topic Kiyosaki’s new book in the forum General Property 18 years, 6 months ago
I started reading his books a few years ago. I think he has a lot of positive things to say and I recommend most of his books to anyone who is interested in changing their financial situation.
I haven’t read the latest book but I am sure it is reasonably sincere in its approach. The fact that it targets women is not condescending. Actually a lot…[Read more]Interceptor replied to the topic Investing in Gold and shares or Bricks and water? in the forum No Subject 18 years, 11 months ago
A spare 50k……that’s a nice dilemma.
Some of the comments so far look like sound advice.
If you are looking at property in Perth then I would go for it. Mining boom may have the legs for another 2-3 years, so that means investors over that way will be cashed up. Don’t even look at the eastern states as the market has not bottomed out yet (in my…[Read more]Interceptor replied to the topic the market cycle in the forum Help Needed! 18 years, 11 months ago
I have been looking at properties in the Brisbane market for the past 6-9 months. I can honestly say the market is over-priced.
The boom we have experienced in the past 4-5 years will not come again for a considerable time: in fact it will get worse.
Short-term property investors don’t need to worry until around 2010.
(or just before), s[buz2]o do…[Read more]