Forum Replies Created
Tech,
I guess if you don’t own any property your exempt. You could try earning more money though
Sales of this nature will go to auction in the majority of cases. This is simply because it is the trustees duty to attempt to gain a fair/market value for the property.
Auctions can provide some of the best buying opportunities if you are sharp and know your market. Good luckI think investors may have missed the boat slightly. Prices have risen substantially. I think the best time to have entered this market would have been around 2 years ago, however there is still growth being experienced.The region is also finally experiencing positive population growth.
I can arrange to have our guys send you NSW and QLD figures if they are of interest? Ranks them in terms of growth rates.
Yeah they are pretty good.
If you want to feel warm and fuzzy read Domain.
Jamie,
try searching the forum. This topic has been discussed at length.Hi Richmond,
aren’t you a little tired of all the negativity in the press re: the property market? Can’t be doing much for the values of people’s IP’s.
I enjoy reading about the success stories of others, and try to gain inspiration from them.Lucifer,
I agree, the East coast is definately beautiful, I started investing on the west coast and have now progressed over to the east.
East coast is more pricey, however, arguably better capital growth prospects.Monopoly,
that makes a great deal of sense. I would love it if a data provider could provide us with accurate and timely population statistics, would make finding growth areas a great deal easier.I’d probably look at option (3), perform your due diligence and stop hesitating. If you think an area is going to show growth prospects get in the market!
Was refering to the southern regions of Newcastle. Had a good deal of enquiry into Toronto and areas close by.
tough crowd
I have to agree with you there recovery man. The south seems to have a bit of growth in it yet.
Josie, it really depends on what your after. If you just want basic stats, these websites that have been listed are fine. However, if you desire expert analysis to go with your Stats you are going to have to pay for it. Example BIS SShrapnel put out very detailed analytical reports which cost in excess of $5000 per copy. These reports are worth there weight in gold and can provide some key insights into property markets by people who are actively in them every day. I pay a great deal for research and have found it has served me very well. Each to there own I guess.
I don’t recall RPData being free guys. Our subscriptions are in excess of 12k a year. The stuff they put on for free is of little use to serious investors. Josie my dear, I fear you have little to no idea of what you are talking about.
Well done Terryw. Some very good quality stock is coming onto the market, should substantially raise the standard of dwelling in the region.
South Newcastle is going along quite well.
Very valid point. Can’t be living for too long off $1 million these days. However I will say that $1 million a year in property is not too bad going.
You the man!
Good luck my friend. However if you look closely there are certain areas in Australia that you can pick up properties for under say $60k that is positive. I’d post them for you, but would prefer just to email them to you discreetly.