David Hall replied to the topic Perth Property Market right now – Rockingham in the forum Help Needed! 8 years, 4 months ago
Hi Lisa,
The property is well located and presented as you said. It is close to all amenities and work hubs. The area you are in is from memory zoned R60, so there is a lot of infill to come.
Adding sliding doors to the wardrobes, or at least the master would add significant appeal to the property. Its is the only thing I can see missing from…[Read more]
David Hall replied to the topic Perth Property Market right now – Rockingham in the forum Help Needed! 8 years, 4 months ago
Hello Lisa,
As a professional buyer of property within Perth, the problem you are having is one of over supply. There is simply too much stock with too many motivated vendors willing to take a haircut to get out. In Rockingham there is so much supply to come on in planned subdivisions, apartments and sub divisible land. All but the best located…[Read more]
David Hall replied to the topic Property Development Help needed R60 in the forum Help Needed! 8 years, 4 months ago
Hi Gavin,
The average lot size for an R60 is 150m2, with a minimum of 120m2, so the council is correct, the theoretical maximum is 5 units. Reality will depend on the block shape and what the market wants. Just because you can get 5 on doesn’t mean you should. At 150m2 including driveway, you are left with something pretty unappealing to a…[Read more]
David Hall replied to the topic Want to hear from property investment consultants in the forum General Property 8 years, 5 months ago
Go and research the types of companies you want to work for. Once you know who you want to work for, find out what it is they are looking for. You will need to go an approach them directly in a friendly but persistent manner.
For my company it starts with a Passion for property, then is experience and then down to knowledge and finally…[Read more]
David Hall replied to the topic Council want me to paint my driveway subdivision different colours??!! in the forum Help Needed! 8 years, 5 months ago
Only a town planner could come up with something so ludricrous
David Hall replied to the topic Surveyor Perth in the forum Help Needed! 8 years, 5 months ago
Gavin – The Land Division he is very”creative” I refer all of my development clients to him and he does all of my subdivisions
gavin@landdivision.com.au
9209 3232
http://www.landdivision.com.au/Tell him David Hall from Momentum Wealth sent you and he will look after you.
David Hall replied to the topic What Attendees Thought Of The 2016 Millionaire Mega Conference in the forum Heads Up! 8 years, 6 months ago
Hi Steve,
I traveled from Perth and took 5 days off work to attend. Having attended last year I convinced two other friends to attend this year. My eldest son is a national level athlete. He would have benefited significantly from hearing Daniel Flynn’s story. I am kicking myself for not inviting him. He will be attending with his brother n…[Read more]
David Hall replied to the topic What Attendees Thought Of The 2016 Millionaire Mega Conference in the forum Heads Up! 8 years, 6 months ago
Hi Steve,
I traveled from Perth and took 5 days off work to attend. Having attended last year I convinced two other friends to attend this year. My eldest son is a national level athlete. He would have benefited significantly from hearing Daniel Flynn’s story. I am kicking myself for not inviting him. He will be attending with his brother n…[Read more]
David Hall replied to the topic What Attendees Thought Of The 2016 Millionaire Mega Conference in the forum Heads Up! 8 years, 6 months ago
Hi Steve,
I traveled from Perth and took 5 days off work to attend. Having attended last year I convinced two other friends to attend this year. My eldest son is a national level athlete. He would have benefited significantly from hearing Daniel Flynn’s story. I am kicking myself for not inviting him. He will be attending with his brother n…[Read more]
David Hall replied to the topic Cashflow Capital Pty Ltd – Spiro Kladis in the forum Help Needed! 8 years, 6 months ago
Can I suggest you look into Steve’s course.’ I think you will find it much better value for money, and he won’t be selling you a solution property once you have finished it.
David Hall replied to the topic Steve McKnight – 2016 Millionaire Mega Conference Melbourne in the forum General Property 8 years, 6 months ago
Thanks Admin – All booked in
David Hall replied to the topic Buyers Agent in Perth in the forum Help Needed! 8 years, 7 months ago
I might be selfish, But I reccomend myself.
David Hall replied to the topic Steve McKnight – 2016 Millionaire Mega Conference Melbourne in the forum General Property 8 years, 7 months ago
Hi Steve,
I’m a member of the fund how do I get tickets to the the dinner?
Many Thank
David Hall replied to the topic Cost of subdividing in Perth? in the forum Help Needed! 8 years, 7 months ago
I use the Land Division in Malaga. Not the lowest cost, but they have the best design team and great service. They got conditional approval for me in 6 weeks lodging on Christmas eve when usual turn around is 3 months plus public holidays. It was also with one of the more’challenging’ councils and we were applying a concession.
Ask for Gavin
David Hall replied to the topic Cost of subdividing in Perth? in the forum Help Needed! 8 years, 7 months ago
I use the Land division in Malaga. Not the lowest cost, but they have the best design team and great service. They got conditional approval form me in 6 weeks loading on Christmas eve when usual turn around is 3 months plus public holidays.
Ask for Gavin
David Hall replied to the topic WA building costs in the forum Help Needed! 8 years, 7 months ago
Hi lot 921,
There is strong competition in the building sector at the moment. We are seeing 3x2s that were costing the 220k mark being quoted at the 185k range from multiple builders. New housing starts are down 50% on last year. There is definite pain out there at the moment. Build times are also well down duplexes are being done in 6-9 months…[Read more]
David Hall replied to the topic New Investor with a few questions in the forum Help Needed! 8 years, 7 months ago
Hi Glen,
Sadly most people don’t and just loose money. To be positively geared you will have to undertake an add value strategy. This may be as simple as renting by the room to uni students, it could be adding a granny flat, undertaking a subdivision, a renovation, or just buying well below market value.
My personal favorite is to combine…[Read more]
David Hall replied to the topic Perth Renovators/Selling Agents – your opinion needed! in the forum Value Adding 8 years, 7 months ago
Profitable straight reno flips are difficult to achieve within the Perth CBD market. Going further afield is usually more profitable. The negative is that the sales cycle is longer.
With in the Perth CBD market, I would suggest that a renovation subdivision deal is far more lucrative. I have three good properties on my watch list at the…[Read more]
David Hall replied to the topic Perth Renovators/Selling Agents – your opinion needed! in the forum Value Adding 8 years, 7 months ago
Profitable straight reno flips are difficult to achieve within the Perth CBD market. Going further afield is usually more profitable. The negative is that the sales cycle is longer.
With in the Perth CBD market, I would suggest that a renovation subdivision deal is far more lucrative. I have three god properties on my watch list at the moment.…[Read more]
David Hall replied to the topic R17.5/40 in the forum Help Needed! 8 years, 7 months ago
Hi Sami,
You have what is called a split density code. The R17.5 is the minimum development possibilities for the site. If the property meets certain criteria, you may be able to develop at the R40. The exact requirements will depend on the specific pocket you are in. As stated above, ignore what the real estate agent says. The majority of…[Read more]
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