Hi KumJason Hughes at Fleurieu Realty in Normanville is the man to speak to. Sorry don't have his No check it out on realestate.comCheersMikey

Checkout the BHP web site for the MASSIVE expansion at Olympic Dam at Roxby Downs. Adelaide is still way under priced compared with else where. The lack of infastructure in the city ie sewer and especially water is going to make it very expensive to develop more land to cope with any significant population growth. Growth is happening there, you…[Read more]

HiWould say CF+ in Perth would be a tough ask. last time i spoke to someone in the "know" from the Real Estate institute investors were happy @2% return!!for fear of sounding like a stuck record checkout the goldfields especially Kalgoorlie and Kambalda. Rents in both these places are around 8%-12%. Capital growth in the last two years has been…[Read more]

G'DayBuy your partner a copy of "rich dad poor dad" and "Cashflow quadrant" tell them to read those books and if they still are unsure……………………………?????????????????????? That's how I educated my wife. Good luck.Mikey P

GuysI reckon you're spot on.Anything around sellicks south is unbelievable value. Don't be scared of Myponga, Normanville or even second valley all worth a look beachside towns all within an hour of CBD Adelaide and well below repacement cost "on what could be the eve of the SA real estate boom".I am not endorsing these places but I am investing…[Read more]

Getting there 8 ferries per day 8 flights go there per day. All services are there. Major commerce centre is Kingscote population over 2000. penneshaw pub is being renovated $2m on internal only. kerry Stokes and james packer have land there also. Vivonne beach was voted the best beach in australia.mikey p

DomTake a look at the previous posts i have done on Kambalda.A new development in Kambalda that's only 48 hours old is that there is 450 new people coming into town in 5 weeks or so. The plan was to put around 400 donga types around town. This was passed by shire…..check the Coolgardie shire minutes from June. They expect 10% (45 families) to go…[Read more]

I went to SA last week. Thought I'd go across to the Island. What fantastic real estate!!!There are alot of investors there buying at the moment. Ask the agents on the island. I bought some more land there as well….interesting place to say the least.CheersMikey P

Great post!!!!!!!!!!!!!!!Love it……Keep going it's very inspirational. It's great to see we are all on the way to the top.CheersMikey P

Sorry forgot to add i will be off to South Australia on 27th July for 4 days to buy some Real Estate with 8 other investors. We've done our homework there and I'm as excited about that place as much as Kambalda. I will post any findings when I get back.CheersMikey P

Only one thing standing between you and making a profit on any real estate is time!!!!!!!!!!

Guys GuysAs Xenia has been pointing out……………………………………Adelaide, Adelaide, Adelaide. Take a look I'm in shock!!!!!!!!!!!!!!Mikey PI'm going to buy a few there and that's from a WA convert that's made a bit over the last decade in Perth..

XeniaWow…….thanks for that. I have read some comments from your previous posts. Man can't wait to get back to SA. I reckon i'm sold on your town!!!!Stay luckyMikey P

G'DayI agree agents fees are way too high if they only sell the property for what it's worth. On the other hand if they sell it for a premium that more than covers their commission everyones on a win. I had this discussion with an agent a few years ago and that's what he said…it made sense to me. I'll pay good agents what they  want (within…[Read more]

Hi devo7My method is look for real estate that's for sale at well below replacement value in an area that's tipped for industrial expansions. It means logging on to the asx site daily and reading the announcements. Seems to have worked for me.Somewhere some place is just about to encounter a growth phase.Stay luckyMikey P

Hi JonathanGiven stamp duty and re sale charges you would need at least 10% to breakeven. As a Southwest investor for the last 20 years or so port boulvard was a great investment some 3 years ago now…????? who knows. If you want to increase your $$$$'s in a year or so then do you believe the block will be worth $xxxK +? You've also gotta make…[Read more]

Hey LA AussieIf you're in Kal and investing you must have made multi millions!!!!!!!!!!!!!!!!!!!!!!! Good on ya! The good thing is it's only just started. My brother-in-law is in the know as he runs the HR department in one of the "richest and biggest miners" in the goldfields, that's where i get my info from. If we were dealing in shares the wo…[Read more]

Hi
I own a few up there. I purchased some more over the last week or so. I have held property there for the last 18 months. The place is starting to really boom. It has doubled in the last few months and (although I cannot guarantee it) looks like doing the same in the next 6 months due to supply and demand. There are very few rentals left and…[Read more]

Deanna
That sounds very very interesting.
Not only for Kambalda but for other remote locations.
Tell us more!!!
Mikey

With the price of Nickel hoovering around $40,000US/t at present and investments in Kambalda showing @ 8% return and capital growth/rental returns rising rapidly due to the availablity of long term mining leases on good housing in town, I am sure glad I invested over there!!!!!!!!!! There still looks like there is a huge up side to come. Shares…[Read more]