Interesting discussion…
So it comes down to ‘IF’
If China slows down, etc.
I think the market is a bit bigger than China.

RIght now the Chinese are having to compete with the Japanese and Koreans for resources, including both commodities and natural gas.All this competition is keeping the prices up.

The Chinese are taking a more proactive…[Read more]

Originally posted by gmh454:
ABC current affairs dedicated their first 45 minutes (1 hour ) of the Midday bulletin covering the crash in Sydneys outer west.

Not a slump a crash, property selling for 850K at castle Hill by owners eventually sold for 680k by Bank who would no longer wait.

Some agents say 50-90% of auctions are Mortgagee but banks…[Read more]

Originally posted by gmh454:
[
When you travel internationally, you will find that even Sydney ( or Australia) doesn’t rate on the world stage as being newsworthy.

Hmmmmmm …. guess thats why when you look at LA ,NY, Tokyo, Paris amd London, one of them has dropped out of the the five most expensive cities in the world to make way for…[Read more]

Yer it would be good if someone quoted the ‘nett’ migration….

I have heard this mentioned before, and essentially its overstated regarding the southeners moving north.
Having said that, it is becoming obvious over the last two yrs that we have been travelling up to Qld that it is getting pretty congested on the roads around Bris/Sunshine Coast.

kp

Originally posted by wealth4life.com:
Well tomorrow will be interesting with interest rates …

Many experts have been saying that the property market has bottomed however recent news is indicating that Sydney will come back another 10%.

What do you think will happen to the other states???

D

I think you need to look at specific segments of…[Read more]

Originally posted by kingbrown:
Perth info:

After reading this post, there seems to be some confusion about “why” Perth is still booming.

All of these facts can be confirmed:

* Currently the lowest unemployment in Australia. In fact, the lowest unemployment EVER recorded in any city of Australia.

* Second highest (highest now?) average wage…[Read more]

When we were up there in August it was obvious that there was a real buzz about the place.
Hard to find short stay accomodation, hire cars and even a seat on the plane.

Ther is a real lack of quality new property available for companies and families.

We bought some blocks in the new Healy Heights subdivision and are in the process of building…[Read more]

Hi Markat
I came across these guys recently.
They have one solution that may work for you.
Spent two days with one of the directors, and came away impressed with both their bona fides, as well as the system.

Essentially, they have a full asic approved pds in place, to raise funds for their developments, on which they pay between 12% & 15%…[Read more]

Thanks Rav,
No need to be green eyed….(just get even!)) LOL

Theres no secret…we were just a bit more organised this time.
We got 4x blocks in stage 1, and after doing a local visit, realised that its a very good story….both whats going on up there and the new subdivision.

So we planned, and got organised to make sure we were in a position…[Read more]

Hi Don,
PM sent mate…
Don’t build them yourself…stay with the family in Brissy !!

I am sure we can help out with a quote, etc.
All we need to start with is a contour survey, of the proposed subdivided block.
Do you need a soil test report where yours are, or not ?
I would think not, but its up to the council in the end.

Xstrata were…[Read more]

Hi Don,
What I am amazed about is how quickly you heard about it ???
Can you clarify how you got the info so fast ?

Its a huge country but indeed a small world !!

To over come the builder and trades problem we are taking our builder from Sunshine Coast up with us.

Some of the things I learnt by investing and building in Karratha, we are…[Read more]

** WOW ** !!!

Almost famous….
That was me who bid on those blocks.
And it was 12 in the end not 11.

The number was scaled back to 21 on the day of the auction, as 5 were apparently ‘reserved’ by a govt department or something.
No one is saying exactly whats going on.

We also got 4 in stage 1 and prices didn’t really go any higher in stage…[Read more]

Man, that was well thought out and well written Anthony.

Understand what you are suggesting DLPP.
All I would say is that the assumption is that both markets are peaking. They peak will only be determined once it is reached, and we may not be at that point yet. There is talk of further price rises in the current negotiations with Chinese and…[Read more]

Thats really taking a contrarian view Steve,
As winter approaches you should be flying to Mackay from Melbourne, not the other way around.
And if you don’t want that parcel of land, how about passing it on to a buddy ?

DLPP,
I would think coal is a very different proposition from iron ore or oil/gas for example.

Price taker or not, when the…[Read more]

After what we saw in Isa we decided to avoid block, or colourbond cladding.

Its time for a change.
We are going to do rendered and brick exterior, with high spec fitouts including granite benchtops, etc.

Its taken for granted in the city but ppl in the bush are also wanting a certain level of comfort and it has been sadly lacking to date.

I…[Read more]

Hey congratulations on the bulding licence ! Thats a huge achievement.

I am surprised by the delays you have experienced with the council.
When we saw them they were suggesting 10 days for planning approval and a further 10 days for building approval.

I guess it may be different for new building on clear land, compared to addition of an extra…[Read more]

Hey reelygood,
Can I ask when the local builder will commence construction assuming you sign a building contract with them ?
I mean will they start straight away?
And how long are they quoting to build ( 6 months or faster ?)

I am curious to know as we heard that all local builders are snowed under and can’t start anything new till after…[Read more]

Hi Aly
DPI = Department for Planning and Infrastructure.
Strata title subdivision is handled by the local council but if you do a green title subdivision the application has to be lodged with DPI.
Sometimes the council will knock you back but DPI can over rule them ( ie…the minister for that Dept)and you can still get your subdivision…[Read more]

Who me ????

We are doing Transportable homes on concrete slabs to Karratha atm.

First batch turn up late May and into June.
Can’t comment till they are set and completed.
They are at a big savings to using a local builder.
kp

Competition…..oh bugger.

Well I was first in line even tho I didn’t camp out so I get first pick right Aly ?
Well it seems like you don’t have a concrete plan with either !! ie..you planned to flip the blocks for a profit but now you are not sure what to do !

Regarding the Lancelin block, you can contact the local council and ask them, and…[Read more]