Forum Replies Created
- Originally posted by redwing:
NORTH of Perth is the ‘New South West”
Areas Like BROOME, PORT HEDLAND, GERALDTON, KARRATHA “all” look good..
Nooo Redwing, I haven’t gone Gerro yet! I still have to bluster Bunbury, Waikiki and Dampier enough to be able to buy there yet
[whistle]Or are you enigmatically refering it as NSW ???
Cheers
JI’ll follow up your advice Robert, for bookkeeping clarity sake;- I have taken Stuart’s information onboard (and managed to catch up with my latte accountant)
I must also say I am impressed with Australia Post Platinum Express post service – I posted the documents in Townsville yesterday afternoon @17:30 and I had a phone call from the Perth office at my lunchtime (AEST) today, to say the docs were received, being processed and that the inhouse conveyancing department have confirmed Monday’s booking for settlement.
$11 postage for a “book” of triplicate docs is a heck of a lot cheaper than exceeding settlement (over the additional 3 day grace) or courier or flying over personally [biggrin]
Cheers
JHi Terryw,
For starters, I’m not bagging the financier – pretty much a clerical error, at a very bad time! I am fortunate enough to have direct service where I can pick up the phone and ask if I’m good for $x.
Completed boilerplate forms are sent to me to autograph, the ‘standing order’ has been a lend in my name in a separate account structure. This didn’t get done this time and threw me into a spin!
Thanks
J.
Again, thanks all – your offerings have taken the squeemish feeling away.
Now that I have sent the thing off, I will elaborate on the situation – if you’re interested!
I live interstate of the IP (I’m in QLD – IP in WA)
Financier branch – with whom I have a relationship is in country WA – lending centre is Perth. Going for a no cash down, IO equity lend.Inspections went well, Valuations were fast, conveyancing authority to act and prepare went fast.
I then queried the bank as I had only 10 days and I hadn’t signed any loan docs…
Snail mail is one day from country branch to Perth lending centre, then 5 days to QLD or 2 days best express to QLD – The branch manager had already, thoughtfully got lending centre to express send direct from their office. Loss of control ensued…. That was on the 30th April. Phoning Aus Post 131318 number, they stated that the express post wasn’t signed for Dangerous Goods – so it had to go via road, last time I checked Aust Post [this morning] they said that it had scanned in at Sydney – with still another 48 hours to go, before it will reach me.If the docs were here last week, I could have had the lend flipped over in my name only, as it was an err. I had to skive off at work today [blush2] – the branch was able to email docs, but I wasn’t simply able to delete my wife’s name, some docs had to be printed double sided etc etc, that a fax wouldn’t do.
All in all, I sent out my panic note this morning, unable to contact bank (WA 2 hours behind, Accountant – drinking latte at my expense)
It’s amazing who you turn to in times of stress! I was quietly confident TerryW and TMA would be willing and able to help.
Settlement is (HOPEFULLY) on Monday, docs have just been sent off with both signatories in a Platinum Express post. I am assured that the docs will be in Perth 12pm this Wednesday giving the lending centre/conveyancer (all in one) Thursday, Friday to do what they do…
Bubbly on Monday after this little excursion!
Thanks guys so much [thumbsup2] for clearing it all up.
Thanks TMA,
You put it back into perspective by saying ‘property expenses will be all yours’ because – at least it is in my name.
Kudos to you!
JHear Hear Ausprop,
FIFO is tedious from a personal point of view, economic point of view and a social point of view.
The ability to attract and retain quality staff is more difficult with an average staff churn at 3 years.
Economically, FIFO worker “A” may earn $100K, but there still are the costs of accomodation, catering and flights to consider in addition. Catering is usually around $15 per day, accomodation is around $70 and each 100 seater costs around $15000 per charter (~$150 a flight) – very roughly $30000 additional in direct costs.
Worker “B” earning $100K living in town would have a place rented out @ 650pw = $33800, may have a nominal $70 pw rent amount to contribute.
What if royalties paid to the WA governement by the resource companies ended up back in the towns themselves, Karratha for example – what kind of facilities do you think would exist????? Imagine having a copper sailed glass tugboat in Hampton Harbour? [party]
– ah – that’s Dampier – where I have an IP[upsidedown]Cheers
Jhttp://www.abc.net.au/news/newsitems/200505/s1357322.htm
Coincidentally, his photo was on the headlines of the AFR on Friday – bad timing or cause?
F,
Is that bullion or paper gold? I like Olly Newland’s quote in “The Day The Bubble Burst” about actually possessing the metal…Maybe useful ?
http://www.qni.com.au/prdepartment/main.asp?stat=1&itid=25&typeid=1Cheers
JSame here…
I wrote to realestate.co.nz and I received a reply stating that they were frustrated at REA’s not updating the information and doing nobody any favours…
I also get annoyed with oz REA’s and their maintenance of websites too. I have phoned the poor souls at funny hours to do a deal, with them only to say that the property has sold and that they will promptly remove the listing online….
ho hum
Hi Marisa,
Thoughts on the underappreciation of Waikiki / Cooloongup / Warnbro / Safety Bay (anything but SwingingPig) ?
Sometime ago, I used to live in Waikiki – when the Wanbro Fair, Waikiki shops seemed to pop up and thought what a great place.
So now, the area has,
– Murdoch Uni annexe
– A heck of a lot of Schools
– Plenty of commercial/retail areas
– Hospitals both public and private
– Enhanced freeway accesability
– Imminent railway stations
– IMO good employment opportunities
– Central to Perth and Mandurah
Lastly everywhere is maximum 5 kms from the beach..??
Hi RIcksta,
Townsville is a tricky one! My experience is that people have very strong affiliations with suburbs due to a suburb’s facility and style. The area really does have that diversity of 100k to 1.1M as you would have discovered so far.
My personal preference is for Railway Estate, South Townsville, City, North Ward, Belgian Gardens, Yarrawonga (order approximating rising price). The underlying theme is proximity to Townsville CBD and the Strand.
You can still find the range you’re interested in – Railway Estate, South Townsville predominantly Queenslanders / Miners Cottages with reno potential and already rejuvenated properties – not to mention the mud crabbing and boat ramps.
As for the ‘burbs – bah! Townsville is big enough to have traffic problems and I couldn’t be bothered driving over 5km’s – particularly when in (South Townsville) cafe strips, CBD, schools, beaches, Strand, creeks, work etc are in a 2K radius [shades2]
Good Luck!
