Thank you Alistair for your reply off line.

Very helpful. I’ll go that way.

Sandyman

The Austrailian Property Invetstor (API) magazine is always good for statistics on auction clearance rates.

Give it a try

http://www.apimagazine.com.au/

I also attended the Masterclass yesterday in Perth.

I thought the day was great. Well organised, good food, good amenities, excellent information.

It’s one thing to read material in a book, but it’s great to hear it discussed and explained. Makes it much more simple to understand. Using formulas to calculate percentage return, property value,…[Read more]

Thanks Woodsman

That was very helpful

Regards

Sandyman

Thanks Guys, great advice.

The town population is pretty stable, apparently been the same for years even though the timber industry has greatly reduced. Other industries have taken it’s place.

I believe this is a good opportunity.

I haven’t checked with the local council yet, so I guess that will be my next move. I will also check the type /…[Read more]

Thanks Guys

I guess it’s a case of doing the due diligence on the property, and if all looks good, have the inspection done before the auction……and hopefully win!

Gloryboy [sweaty]

I read somewhere recently that if a property does not double it’s value in 7 to 10 years then it is not performing.

Does this sound correct or did i maybe misunderstand something?

Gloryboy

Thanks for the advice Guys

I’ve arranged to speak to another accountant.

Gloryboy

Thanks, guys, for your advice. I’ll take it on board.

Gloryboy

Looks like no suggestions for the Bunbury area.

How about Perth. Any recommendations??

Gloryboy