mattjones wrote:
Whoa that changes things We have two properties to go on the market this weekend – maybe best to hold off in case this news brings a mini boom…….CHeers,Matt

Which is exactly what worries me with it.It's a get in quick deal. Does everyone realise that the 21K expires at the end of this FY and the 14K too? From July 1 next…[Read more]

It's triple for new homes and double for established. I think it is madness, even being eligible.

If I had a million to spend on investment property, yes, I would buy a single floor of a building in a place like Woden and get a government tenant in it. Most secure tenant you can have.Of course, if it could be on any property and didn't have to be an invesment, I would buy a nice rural place with a solid water supply and give up being part of…[Read more]

I agree with the anarchist on this. The top 2 floors of a building I know were just for sale and they went for around 1 mil each. They were guaranteed 7.5% return – not quite 20 but nothing to laugh at.You would be surprised how much rent you can get out of govt. departments…

There is a lot of construction around Belconnen at the moment. This is also close to where the Stanhope rent land/mortgage house scheme is being trialed and loans are currently going through for this – was actually talking to someone about it today. His house, and others on the same scheme, should be ready in around 6 months. With 20K saved, the…[Read more]

The thing about this property is that the rent equals to the rule of thumb for the current value. Each 100K of value should, give or take, cost $100 PW. If that rent is sustainable (which depends on unemployment levels, CPI and all that) then 375K may be the true value of the property. For the thread starter, this is something positve, atleast, m…[Read more]

harb wrote:
How many takers for the fixed product do you think Commbank has these days ? My guess is not many at all.  They'll pass it on soon enough and before the RBA drops it again , that way they may still get some poor sucker hooked on the higher rate yet don't look like greedy bastards when the next cuts arrive.

Obviously it depends on…[Read more]

You never know – rates may still rise. We may even see a decoupling of banks from each other, in some ways we already have. Why is Combanks fixed term more than a whole percent greater than Westpaks? Imagine if, within the next couple of years, banks start charging interest based on thier security ratings…"Roll up, rolll up. We can't promise we…[Read more]

CHIS wrote:
you have tenants get rid of them. Some tenants that don't want you to sell it will leave it looking like a tip when people come to see it.

You can't just get rid of tenants Chis. Legally, they have to be sold with the property – escpecially if they are inside of a fixed agreement. What is more, inspections have to be orgainsied at…[Read more]

The REA looks like a total clown:) Literally even.Atleast the property has greener lawns than just about anywhere in Oz… would be worth the 100 just as a private play area for the kids… nice ready to go cubby house.

nadellesophia wrote:
thanx  guys, I am still researching on different ways to start my property investing, i am saving like mad, i won't give upnadelle

Keep saving, looking and waiting… you'll get your shot.

hbbehrendorffAs I have said before, I have no doubt that banking cartels have been working hard to control the fates of whole nations with chains of debt – look at the world bank's track record for instance, 45% of its customers have profitted and the other 55% are far worse off and majorly indebted. Work out the net profit.An orgainsed and p…[Read more]

Alani, we have already seen the biggest property boom in Australia's history and that was bigger than future growth can support. Unless wages double in the next 10 years it is very unlikely that we will see another boom bigger than we just have.If there are such undersupply issues, why is so much stock for sale?It is true, however, that in 5 y…[Read more]

jen81 wrote:
This is such a hard one.  None of us know how the property market is going to look in 5 years time.  I think the thing to remember is that property is a long term investment. Gone are the days of buying something and selling it for a huge profit in a year or 2 years time. Now anyone who owns property is going to have to hold onto i…[Read more]

superhoops wrote:
Historically there has been a correlation between a recession, lower interest rates and lower inflation. No country with an entrenched inflation problem has significantly reduced inflation without it occurring in the context of a recession. Therefore whilst lower interest rates do not decrease inflation directly, in times of a…[Read more]

superhoops wrote:
The RBA did the same thing in the early 1990's when inflation was around the 7% mark – they lowered interest rates by 5% in the space of 12 months and furthermore they dropped the rate by a further 4% over the next twelve months. During this period inflation fell to around 1 -1.5% by early 1992.Thus historically the RBA has m…[Read more]

CHIS wrote:
So that millions of people don't start defaulting on the loans?The main reason is so that banks can do business with each other. When the money dries up between banks, the economy stops dead

You can't make an omlet – if it takes the defaults of millions to keep the economy strong than so be it, there are way more millions that need…[Read more]

Mister wrote:

TheYoungInvestor wrote:
So should the property investors in sydney wait for a couple of more months before the prices really drop? Or you can start buying now because it's the right time?I keep getting confused is it the right time to invest or wait?

Don't worry it's confusing for anyone right now .I actually came back to soften…[Read more]

superhoops wrote:
Whilst Australia's economy is strong it certainly is not immune from world factors, therefore anyone predicting that Australia's interest rates would continue to rise whilst other countries interest rates remained stagnant or even fell has little insight into economic theory. Therefore any advice that they provide should real…[Read more]

harb wrote:
Life is good, there is nothing you can do about the situation in the financial world so why worry about nothing and give yourself an ulcer ?  

I won't get an ulcer about financial collapse – it's exactly what I've been waiting for, remember. The less money drives descision making in Australia, the better as far as I am concerned. I…[Read more]