That’s the gist of the rule – but remember it’s a rule of thumb.
Personally, I don’t use it that much because the kinds of properties that fit this criteria are not what I’m looking for (ie not the bargain basement).
I’m also from the “factor in the depreciation” school of thought, which makes a difference.
SIS, at over 11 posts per day, I envy the time on your hands.
I have noticed, thought, that your quality it slipping! (e.g. “Hi XYZ, The matter you are talking about exists – just search the other threads in this forum for more information. Good luck!, SIS.”
Bbruham is close to the mark re the name. Kings Cross is a locality describing chiefly the area around the Darlinghurst Road area (the clubs / pubs / fast food joints / “other busineses” etc).
Derynaka, yes, there is the disclaimer was there, but it’s like saying “today’s newspaper actually only has yesterday’s news because we printed the wrong news in yesterday’s paper”.
A bit pointless, really – unless there is a known huge market for people that track these things. But I would think not. It all seems a bit illogical.
I think it’s a little off-topic, but this whole “profits go offshore” argument is a bit weak when there are domestic jobs, manufacturing, suppliers etc utilised domestically. And heaven knows, in many cases the cash flows in these functions are more reliable, predictable and perhaps substantial than any profit that may go offshore.
Even if these products were owned locally, who’s to say what the local company would do with their profits anyway – and whether this would be for the common good.
For all those born in Australia of non-Australian parents – do you consider yourselves less Australian?
Same with the Holden Commodore, Vegemite blah blah blah… just ’cause they have parents overseas doesn’t mean the brands themselves are any less Aussie.
Out of interest, too (it seems Celivia and I live in the same suburb), I am interested in the “name change” you speak of. Did they change your IP suburb from Ambarvale or Glen Alpine or was it from some fluffy marketing name?
Yep. Received it just before Christmas. % increase well in the 90’s. But this just depresses me because it just means that our Council will have a great case to increase the rates!
There is much less around than there was 1-2 years ago. In May last year I was looking around Morayfield / Burpengary but it was just going nuts. Ended up buying in Townsville. At the time, there were some places around Ipswich but prices have moved on since then, too.
I’ll give some serious advice (there’s enough of the usual advice above).
My tip would be to learn when to let things go as quickly as possible. Some things just aren’t worth worrying about and the after seven years I’m just getting a handle on which things these are – and which things they aren’t!