i don’t live in QLD but i’d plan to hold long term. Brisbane should outperform the other Major capital cities so hopefully you will see some capital growth. real wealth in realestate is made by people who never sell. Remember historically the market doubles every 10 years, if this was to continue would it effect your decision to…[Read more]
we are a bit off the topic here, and we are dreaming abit about getting Muppet over here,[] where were we, Oh yes didn’t someone say steve is going to pay for a Party.[]
and as far as people to praise and thank i’ll nominate wayneL for his posts on the stock market he knows what he is talking about, and unbiased, but sadly these…[Read more]
yes 1 million is very high, but apparently thats whata surfey said, i’ll try to fing the source. even if it was try (the survey, not 1 million buying) how many people actually do what they plan to do we know is very low.
that’s great that you are interested in property. and equally pleasing to see you are keen to invest in your own education, well done.
I really don’t think the prices of the types of properties that i would encourage you to buy will drop in value (these properties being cash positive ones). i read a few days ago that 1,000,000 people…[Read more]
i’ve used homepath (www.homepath.com.au) heaps and as long as the property is zoned residential you can get 80% everytime.
remember homepath are 1% below the Banks rates, no application or valuation costs and no fees, overall an excellent product but they are a pain to work with.
hey richard how much did you make from Billfromoz?
SIS 10% by 2006? anything is possible, but i’d expect rates to be about where they are now. we might even see them below where they are now, with inflation very low it would kill the economy to have expensive money, especially as many are expecting a tougher time ahead in the about 18 months.
westan
gee Elders are getting high Tech aren’t they.[]
a bit of an improvement from a few years ago when they first took over the contract to sell them, i’m still annoyed, i (with some other investors)wanted to buy a whole street (10 pairs) in Millicent for about 42K a pair, the deal fell over because the agent at Elders was incompetant, never…[Read more]
Are you talking about Towns or Adelaide?
i was under the impression that prices were starting to level out in the Elizabeth after years of incredible Capital growth. someone who looks very similiar to me bought there in 1997 for 21- 25k for a semi detatched that now sell for 90+
westan
as a general rule i’d never buy something that wasn’t cash positive (unless there was some fantastic twist to the property like a subdivision). i’ve bought a few properties (sold some) over the past 6 yrs and all of them were cash positive.
$40k for 100pw will stuggle to be cash positive, unless you put some of your own money into the…[Read more]
i agree lets talk cricket, i barrack for Richmond so it was depressing even thinking about Footy, unless i was stiring up some New Zealanders or New South Welshmen.[]
sorry guys
now cricket, Muppet whose the best cricket nation in the world ?
westan