i am also looking for one 
I read in property magazine a  website that provides it for free, but lost that link 
anyone good in Perth that is reasonable as well ??

Cheers
Jeff

i surely would pick your strategy over nigels .. though as i said both could work, ive seen people invest both ways and be sucessful

i suppose this can work depending on what sort of property you pick as well and other factors
If i was  to buy my first house  and its  equity  increased  to a reasonable level , i could either  sell that property and upsize  to a bigger property with that equity  or then sell with less capital gains due to 2+ years  and buy a bigger…[Read more]

My tips here are not specific .. but would help

Get a property that  is cheap or a bargain, you will already have a head start.
It should have  growth potential
It should have good rental returns 
If it has capacity to  increase value with a renovation..its  even better
Do the maths on  your repayments  and make sure you can easily afford the…[Read more]

Here are some statistics on this subur
Mirrabooka(6061)

Distance from Perth CBD: 11km (6.7 miles)
Other suburbs with same post code: Balga, Nollamara, Westminster
Total of population in this suburb in year 2011 : 7,933 people
Median age persons in 2011 was: 30 years old
Most of people in Mirrabooka were born in Australia
Median individual income…[Read more]

Hey thanks derek

for those helpful   links 

as you pointed out Duplex, Villa, Town House is at 45 which certainly implies some  potential 
cheers

Thats interesting .. but then  so was ( and so is ) the next suburb  balga, but i know if i had invested there  maybe a year or two ago  or a little earlier even i could make  more than 10 to 20 % in growth  wiht a good pick..

I know  a friend who is almost cash flow positive with a investment in balga ..  with it being the same kinda …[Read more]

That surely a plus point  in its favour,
wish i had the spare cash 

I dont like the idea of high management fees  and  also no property appreciation  due to its location ..so it s looking even  less attractive to me now 

I suppose if i had lots of cash  to spare then i would look at it  just to diversify the portfolio

Your mentioned growth drivers  sure sounds  good ..  for perth
Looks like  we are doing much better than some of the other states in australia for sure .

Now i could only wish the prices  of Meals in restaurants  and general cost of living come down as well with population growth

Thats just wrong !!

seems pretty unfair to me  and possibly illegal as well  in that respect

you can always  do a unofficial property valuation yourself  , just to give you an idea only

I did this  looking at real estate .com, Domain and other property websites  and was bang on on what i could expect  from the sale of my property ..in contradiction to what My real estate agent tried o convince me  which was much lower  sale price (…[Read more]

im pretty pissed off (deleted …..) comments taken back 

Think my sig is now showing

They have taken into account  the number os houses sold  and the median value within those kms  to project the most affordable  houses , That is what i understand from the chart they provided ..I will see if i can send you the  pdf file

data is looking good according to this rp data press release
USA Housing Market Update – CoreLogic July Home Price Index Rises 3.8 Percent Year-Over-Year—Biggest Increase Since 2006

Does Robert kiyosaki know about the Australian market ?
i just finished reading his book Rich dad ..poor dad ..Loved it !! but i would be taking his australian market advice with a pinch of salt !!

Majority of the views expressed over here are pretty pessimistic and i can see the reasons why which make sense, but sometimes the battle is won by the person who sees things differently. I am not saying i am that person.

But what makes me think the property valuations can rise and the sector will pick up is a couple of simple factors…[Read more]

Hey thanks derek for the info

I was considering a house in Bunbury over one in perth northern suburbs mainly due to the budget , while i do believe that a 2 to 3 bedroom property anywhere upto 10 km from perth cbd has good rent potential , at the same time with strict lending criteria its easier to get a property at much lower price in…[Read more]

mike h wrote:
3. Your deductions will be limited to the amount of any foreign income (ie – I don’t believe you can negatively gear foreign investments ?)

Thats abummer if its true .it .makes investing in US less attractive
..but isuppose the less investing amounts needed over there for aussies sorta make up for it

Thank god there is no…[Read more]

im jealous but at the same time suprised as well..good on ya mate ..good job .. keep up the good and hard work … and you wont have to do the hard work after a while .. retire when you want too really .. they way you are going

Remember Money can be a bad thing too ( The Rinehart case is a good example right now) … Remember to enjoy…[Read more]