be careful on how much you pay. The prices quoted in Aus are inflated by 30% – 50%.A decent townhouse on or near water and near Manilla or any other major city will return around 10% RR. Capital growth will not be anywhere near the 7 – 10 yr doubling like here in Aus unless you have teh right land.If you want to buy there, make sure you visit. The…[Read more]

Try Loiuse Vale at CBBR0448 047 365lv@cbbr.com.au

michaelparis wrote:
Why pay others for their efforts by buying their new units?

What a silly thing to say!It comes down to:1) What is your strategy2) What are the numbersExample, I prefer passive IP's. I have no desire to redevelop sites, etc. I am not that aggressive and I dont have the interest. I buy primarily OTP units / appartments so I…[Read more]

Chan and Naylor seems to be aligned via referral to Metropole. I know of at least 3 metropole clients who where referred to them.If you read the C&N website, it is strongly worded IMO as to why you should pay them, rather than "what is the value to me".I dont like this type of approach personally

Should have woken up and developed the land himself….or held onto the block as the developer would have bought a similar block eventually, as others would…gentrificating the area and driving prices up across the areaWhat suburb?

Go see a financial planner….in fact go see a few of themGet the info from experts and then decide.If it was me, I would Buy a place if you are not a good invester as this will force savings and earn you capital gains over time.If you are a good invester, keep renting and use your $40k to buy an investment property and rent it out. Top up the…[Read more]

Suburb report here:http://www.domain.com.au/public/suburbprofile.aspx?mode=research&suburb=Inala&postcode=4077#mapanchor

Hi tracey,Can you post the link for all? I would also like to see itThanksMr D

F may have a point …F, how does it work in Europe / UK where more density in population and older money therefore longer times to build wealth? How does the market work there? what are prices versus income? Is Neg Gearing allowed?Maybe this will allow us to peak into the future?

foundation wrote:
Hey Mr D.I'm thinking about your comment algebraically. If I can establish a limit for what is possible at a national level, and you can identify a small minority of properties that will exceed this limit of possibility, then the remaining majority of properties must perform below and not at this limit, right? And flowing from…[Read more]

Foundation,Good analysis…maybe even brilliant. But I can't commit to an analysis rating as your graphs are way beyond me However, there is a major issue I have with your thoughts that buy and hold is not preferred. I think you may have used the term "wishful thinking"???Australia is a big bloody place…..god knows how many towns and…[Read more]

Clayton Brown ArchitectsNicholson St CarltonGold!!!

Fair point re: Alaistair.As a newby to these forums, I am loving the depth of knowedge.If anyone want details to my broker, please ask. He is in Melbourne and a gun.Mr D

EDIT..settles FEB 08, not 07

I bought in Parramatta Park (Cairns) off the plan without seeing it also. $279k. 2 bed, 2 bath. Settles in Feb 07 and people are reselling on realestate.com.au for $335k.I paid $11k commission (part of the $279k).I have no issues with this as the sales team that showed me the place had done losts of groundwork (2 x independant valuations, 2 x…[Read more]

I think you need to find a broker who understands your investment philosphyI am a "capatialise the interest" kinda guy. My broker does the same thing, so the relationship works wellMost brokers i met before him didnt get this type of investing and just sold me on low interest rates, etc. This was the exact opposite of what i was looking for. I…[Read more]