I’m paying under 7% for residential in WA, which makes your quote for commercial sound high given what you say about QLD. I can’t claim to be an expert on commercial property though.

Interesting links!

I’m not sure what to make of Jenman. I have enjoyed reading his articles, there’s some good information there.

However, reading the ‘property revolution’ article I have to say – the man’s a damn communist! Basically he’s saying that property investing is unfair because rich people make money, and that this is morally…[Read more]

So how does the new release stack up against the first? I chose not to buy in the first release, but now I’m starting to get swayed by peer pressure!

My main concern – where’s the scarcity value in buying in Yanchep in the longer term? Right now there’s definitely undersupply – prices for established properties are strong at present. But if…[Read more]

How y’all?

My mum’s here from Nashville at the present. I’ll let her tell you what she knows. She is clueless about property (sorry Mum!)

Rob’s Mum:

Buy not rent

will answer any queries
Mum

Mmm. very helpful I’m sure. My parents own a townhouse 3 bedroom 2 bathroom cost US$195,000 in 1999, valued by my mother now at $250,000. Strata fee…[Read more]

Report in the Wanneroo Times about ‘The Reef’ today, including a pretty cool aerial photo. According to the article there’s the photos on the website under photos: the_reef_aerial2.jpg.

Well, I made it to the meeting and now know more about depreciation than I previously did. Where were you all? I didn’t recognise any names from around here, was anyone else from PI.com there?

I think it was a valuable experience to be able to meet face to face with others interested in property investing, and complemented the on-line…[Read more]

Yes, thanks Abby. See you there.

red stars?

to get some of those

posts does it take

How many

I’m not sure that I’ve learnt much about investing from this thread…

but as I understand it, I can still get some of those blue stars by consecutive posting – but I just have to be willing to invest more time to do so (thanks to the 60 seconds between posts rule). It still sounds like it’s worth it to me – those stars are cool!

Sounds interesting, is the meeting open to all who wish to attend? If so I’ll try and make it myself tomorrow night.

I did consider buying one of those Brighton blocks, I was advised by a few people that I might have to camp out. Interesting given the price is really not that cheap IMHO. It wasn’t a spectacular release, as the blocks weren’t particularly close to anything of interest.

There’s still quite a bit of land available in Quinns Rocks, but none of it…[Read more]

Good to see you’re all enjoying yourselves up in Yanchep. I’ve been up there a couple of times in the past few weeks but didn’t buy anything. I’m sticking to Quinn’s at this stage, and once Marmion is completed I’ll just drive up the road to swim in Yanchep lagoon. That way I can avoid the fly plague, the cold mist that settles over the…[Read more]

I agree with the comments re: proximity to the beach. Southern suburbs are booming, consider the northern suburbs as well. I’ve been looking around Quinn’s Rocks, Yanchep and Brighton/Butler over the last month. My strategy basically has been to pick one area that I personally like, and get to know it as well as possible. For others, inner…[Read more]

Thanks Marisa – sounds like a good summary. I’m off to get the paper now!

I’m interested in Yanchep as well. I like the idea of anything coastal, and Yanchep does have the lagoon.

The reason why I bought in Quinns rather than Yanchep was proximity to CBD, and its impact on furture sales value. Yes, Marmion Avenue does make it a shorter journey, but equally it opens up a large area of coastal land for further…[Read more]

Thanks to every one for the replies re: two storey developing.

I’ve got a block in Quinn’s Rocks that I payed $220,000 for, and having spent that much on the land I felt that a two storey might be justified. Second storey would have an ocean view, although not a very good one.

I’d like to hold the house for future CG – I could just hold the…[Read more]

I went through the process with Brett and Alana White in Perth (they’re ‘friends of a friend’). I found them to be very professional and helpful, and believe they’re straight shooters. My friend (wife’s cousin) who I met them through does a lot of small-time property development in Perth, and they’re good mates of his.

Anyway, here’s the…[Read more]