From recollection, I recall accessing one of Rocket’seminars in Brisbane where one of his guest speakers, a Gracemere developer, stated that properties would increase in value in ten years (back in 2009) to a million dollars for a four bedroom home. I recall stating to the lady sitting next to me that that is a huge assertion and not likely nor…[Read more]

Rocket advised us that Gracemere was NOT a focused mining area and not high risk like Gladstone or Moranbah as it has government departments, strong beef industry, varied businesses, education, NGOs etc – a more balanced economy yet its been hit like the mining towns

Rocket advised us that Gracemere was NOT a focused mining area and not high risk like Gladstone or Moranbah as it has government departments, strong beef industry, varied businesses, education, NGOs etc – a more balanced economy yet its been hit like the mining towns

Rocket advised us that Gracemere was NOT a focused mining area and not high risk like Gladstone or Moranbah as it has government departments, strong beef industry, education, NGOs etc – a more balanced economy yet its been hit like the mining towns

Hi Luke

It was our first investments and as a university graduate I assumed that when an agency advertises professional service and features in key Australian property magazines that there was credibility of advise. We have subsequently undertaken our own research to purchase IPs.

Many options have been undertaken to manage the situation but…[Read more]

Hi

We are desperate to sell as we cannot sustain the stress anymore

Hi

It is now 8 years since we purchased from Rocket Property Group.

One house and land package at Gracemere, Rockhampton purchase price $375,000 plus holding costs to today. Depreciation limited now, sales in area appear to be in the $290,000 to $320,00 price range. All air conditioning units already packed in and need to be replaced.

One…[Read more]

Hi

Our outcome 8-9 years after purchasing – we were advised to set and forget and wait but we cannot ‘set and forget’ with maintenance costs increasing with the properties being older, holding costs reducing with limited depreciation left and significant negative equity.

We took the expert advise of Rocket Property Group and purchased a house…[Read more]

Hi Annabelle

Our outcome 8-9 years after purchasing – we were advised to set and forget and wait but we cannot ‘set and forget’ with maintenance costs increasing with the properties being older, holding costs reducing with limited depreciation left and significant negative equity.

We took the ‘expert’ advise of Rocket Property Group and…[Read more]

Hi Annabelle

We can concur of the same experience with Rocket Property Group that has left us hundreds of thousands of dollars worse off (loss from funds taken from PPOR equity through Rocket advice). Like yourself we were advised to purchase at Gracemere using their recommended builder (quality cited) even before the market was saturated…[Read more]