If I were you I’d be doing some more homework…

Specifically: “..on values,and the state of the market, up or falling, etc”

Cheers
r

the eternal argument, and it’s been discussed ad nauseum… if you do some searches you’ll find previous discussion

I’d look at Box Hill along the Mont Albert border (Elgar Road) I used to live there, and there’s always council talk of rezoning a western slab of Box Hill into Mont Albert, which would make the value jump overnight… kind of like when bits of Mulgrave became Wheelers Hill and some of Ferntree Gully became Lysterfield. Box Hill is also adjacent to Burwood and Surrey Hills, which are another 2 excellent suburbs. If you buy in the right spot you’ll also be 5 minutes drive away from the Burke Road shops in Camberwell which is another plus. I’d be looking in the area bordered by Elgar Road, Canterbury Road, Station Street and Whitehorse Road. The suburb itself has levelled off after some solid growth (like a lot of places…) IMHO I could buy a house similar to the one I sold in 2002 for a similar price/similar features.

There’s a lot of development around Box Hill in terms of giving Box Hill Central a facelift and improvement to shed its seedy tag as a haven for drug dealers (around the train and bus stations mainly)

It’s also got some of the best Asian restaraunts in Melbourne IMHO.

You can get a nice renovated house with a bit of character, close to parks, shops, schools, public transport etc for around 400k easily.

Blackburn South is another good spot to look at.

Cheers
Jamie

He’s been discussed in the guru watch forum.

cheers
r

so I’ll lock it then, ay monopoly?

Steve didn’t have to invite anyone if he didn’t want to, but he did, and I’m grateful for it.

I’d never been to a seminar before and was pleasantly surprised…

I was happy to see Steve taking a very level headed approach, certainly didn’t give the impression that anyone can become a millionaire in 5 minutes, and that it’s often a good idea to sell to realise profit. He was quite clear that he thinks the market is slowing down rapidly and that people should tread very carefully, and that the 11 second solution is pretty much redundant in today’s market. Basically reinforced what I’ve been thinking for a while.

Dave also spoke a bit about investing in NZ.

The stories of the Mappers were great, and a good kick up the backside to get going and do more. Well done guys, you’ve achieved some remarkable things.

Cheers to all, thanks again for the invite Steve.

R

PS Jet, anytime you want to “dance in the square circle” I’m ready.

PPS Monopoly… I’ve never been to a seminar before, and I didn’t pay for this one, but I’d hardly call $500 expensive, compared to some of the others going around.

Thanks for that incisive reply Yorker.

Drewster, do a search on rockhampton, it’s been discussed a million times on here. Also, there’s a brilliant thread on Rocky on somersoft.com’s forums in the Where to Buy section, started by a bloke called see-change… well worth a read.

Cheers
r

ok

I haven’t read all this thread, but the line that we “mostly” like people because of the status they have is complete crap, at least from my point of view. I’m attracted to people who give a stuff about each other and can talk about more than what car they’re hoping to trade up to next time at the dealer… Genuine, straight down the line type people…

Who wants to be accepted by snobs anyway? God knows I work with enough of them in TV, but that doesn’t mean I seek their approval or pats on the head…

Accept me as I am or don’t accept me at all. My core group of friends are people I’ve known since I was 12… we’ve gone in all sorts of different directions, some are flying, some are struggling, but as a group they’re the best people I know, regardless of status.

I don’t think it’s a matter of being introspective, it’s quite basic (for me anyway)… but at the same time I guess it’s a very individual question to answer.

cheers
r

Tikki,

My point is, cf+ places are not plentiful in Australia. I know there are some around, I know where to find them, and could buy them if I chose. This does not mean they are good investments. Some people look at yield above everything else, but even Steve says there’s a hell of a lot more than yield to consider. When he (and people like Westan) started out, yields of 12% were available in places like Ballarat, Horsham, Shepparton… (just talking from a Victorian perspective, but it’s applicable Australia-wide)… this is not the case anymore. Sure, the odd one might pop up, but they are not plentiful… and I certainly wouldn’t be rushing to some of the tiny one-horse towns to buy solely because of yield. People have been doing that and I think they will get burnt.

Personally I wish 1HotValuer would flesh out some of his/her posts to offer a bit more to the debate.

Cheers
r