it may be coincidental however in Melbourne many of these premier schools both public and private are situated in the leafy eastern suburbs…and is now published these areas appreciated by up to 30% plus in the last 12 months.

The slight risk with this amenity is if a school’s reputation and performance deteriorated.

having said that i…[Read more]

Hmmm…slow to attract a bite. Does this mean:

1) there are no good property accountants in Perth
2) Perthites too engrossed in property boom to post replies
3) I should look up the Yellow Pages and throw a dart?

Surely one or two of you can come up with a solid referral?

Scarecrow7
“In times of crisis, both danger and opportunity are present”

Hi Terry & Tony,

Thanks for your excellent feedback. Since posting this I have also asked around, and seems to be that it’s best to go with a trust (unit or hybrid).

The question if this land being put into a trust, with the aim of subdividing and selling some blocks and retaining some, would that be considered a trading/developing gain rather…[Read more]

Melbdude26,

Tend to agree the inner bayside of Melbourne is looking promising still. Was in fact getting to know Port Melbourne today attending a few opens. My girlfriend and I feel that could be where our money will go next.

Live in West Preston and I’ll say pockets of Preston are looking good for the long term. Follow the Melbourne 2030…[Read more]

If you apply a global perspective, most will agree I think that what you get in return for your hard-earned money buying Australian real estate is:

Good quality land
Good quality construction

in a land with stable political and social systems, secure property laws and land titles system, sophisticated real estate industry.

And as we have seen…[Read more]

Hi,

The codes are a general density guideline based on 1 hectare or 10,000sqm. If it’s zoned R40, that means you are in theory able to fit 40 dwellings in that 1 hectare ie 250sqm per lot. The higher the number ie R60, R100 equates to higher density.

Hope that helps.

Now, as I’m no expert myself, what does it mean when a property has…[Read more]

Check out link for FIC guidelines http://www.colliers.com.my/news/new_fic.htm, but not sure if this is the latest.

Personally I haven’t bought there, but came close once and have studied the market there the last 2 years. Attractive proposition when the A$ is strong. Rental yields are mediocre for residential property and the real estate industry…[Read more]

On a recent trip to Malaysia, I picked up the biographies of Li Ka Shing (Hong Kong’s richest man), and Lim Goh-Tong (founder of Genting Highlands Group). Both are self-made billionaires with property development underpinning their achievements.

On dropping into Borders Bookstore, I skim read through “The Rape of Nanking” – one of the worst…[Read more]

just to add that it’s perenially a good time to buy when it is your first property and it gets you off the rent mill. People who are sitting in the wings renting while waiting for a good time to buy, run the risk of missing the boat.

If you find a reasonable deal on a good property, don’t hesitate. As someone said, the sooner you begin in…[Read more]

Thanks for that Terryw, I shall investigate further as it sounds promising…you’re a wealth of knowledge!

Scarecrow7
“In times of crisis, both danger and opportunity are present”

hi graemeh,

I did not expect a comment on Malaysian RE, and an educated one at that…yep the scars of dodgy or incomplete developments can be in your face, however if you proceed with the golden rules of real estate, fear not. They apply here and there much the same. Stick to quality areas like Klang Valley (Bandar Utama, Taman Tun etc the…[Read more]

I have a property in Perth under management. Tenants appear to be good but with things in need of repair the prop manager is handy.

2nd investment property is in tasmania (I reside in melb). When I bought it, I heard the tenants wanted to stay on and were model tenants (young couple). Sure enough, this was the case when i met them and since the…[Read more]

Hi Damon,

I saw a financial planner today – he was frank enough to say if you know what you want to invest in, then a FP’s value is greatly diminished. He also said that FP’s are for those who don’t know how to invest or don’t have time to invest on their own. Funny, a comment he made was that I was light on shares as well, however I took that…[Read more]

“To be forewarned is to be forearmed” – yes?!

I am an eternal optimist when it comes to Australian RE in the long-run, but I am grateful for the passionate views of Bill etc forewarning the inevitable slide. I am 30 and came to Aust in 1988 – too young to take notice of 87 property boom anyway, but of significance I have experienced the dot-com…[Read more]

Hi MarkPatric,

Good reflection question. I have spent hours analysing material and have settled on a strategy. In Australia, it would be mainly “buy & hold”. I will also run a business with a real estate theme and combine the two. No shares – been there and no desire to return…it is possible to diversify within real estate – many forget. I…[Read more]

Thanks Bruce & Redwing for your replies. Bruce good luck with your side of things. I don’t know how people keep the dialogue going, but certainly I would like to hear how you progressed this & I certainly wouldn’t mind doing the same when I get my act together.

good on you…I will one day like to be in a position to deal with environmentally sustainable properties and influence ways of living.

Initially on reading this I thought it’s quite a quirky slant on real estate, but drill into the essence I guess you can call it a strategy of your own, catering to a niche that will have its followers but you…[Read more]

Hi Mini & Michael,

I love this debate! As to who’s more accurate or more successful under each strategy I think is relatively irrelevant – both will work if you are good at it. With the diff in opinion, could it be that:

1) In Aust, capital gains is imposed on each sale of investment property, while in US CGT is deferred if you roll over sale of…[Read more]

hi guys, could you please include me on this group? Let me know if I need to introduce myself a bit more as I’ve gotta catch the train right NOW!

Preston West, VIC which got flooded by that freak storm on Tues night – “Oh what a night” to remember!