Forum Replies Created
- thegcamp wrote:We are being encouraged to buy off the plan in brisbane, what are your thoughts please
If you were selling property to me wouldn't you be encouraging as well?
Property developer pays hefty commission to people who can move their property >> Marketer or promoter does everything possible to disguise that they are actually selling property >> Poor retail investor pays over the mark for property in whatever location the developer built the property.
Now your example might be different… Sad reality is that a lot of property is sold this way however.
Intrigue,
It does seem strange, however it is true. Once you work with a situation long enough you begin to view it as normal and are not surprised any more. Generally the industry is heavily geared towards the new hunt new kill mindset and there are very few farmers out there nurturing longer term relationships where long term is more than a few days or weeks
I'm interested in data.
For Brisbane there isn't much around from the early 1800's
Areas I have researched have information about the original subdivisions of larger blocks, going rate was around 1 pound per acre in the 1850's, 1860's, can track these values through to modern day land sales and look at the compound growth.Interesting exercise, not sure how practical it is for making money but it's fun to do.
Probably a good a place as any for doing your own independent research would be: http://trove.nla.gov.au/ where you can browse the Sydney Gazette from 1803 and have a lot of fun!
Multi century studies are around the net from other countries such as Holland and Norway.
I like the following similar saying
'When the time comes to buy… you won't want to'
If I had to survive with just one website it would be http://www.realestate.com.au Would end up saving thousands every month in data subscriptions as well
Don't need that many hours, just set up an area or suburb of focus, get the email alerts and just observe what happens for a few months, hard not to build up knowledge about a small target area when you do this.
There are good deals in all areas, and they come up all the time as well.
beedie wrote:Mattnz,I presently have 5 boutique apartments and a fully renovated house under construction with a completion date and on the market mid-August. 3 out of the 6 will qualify for the grant as they are a tad under the $600000 limit but can’t say that I think all my xmass have come at once.Thinking the new home market operates in isolation of the established housing market is fundamentally flawed. Slapping home buyers with an additional $6000 or $7000 of tax in today’s climate will further slow the whole real estate market – established and new. So in my opinion they won’t be handing out too many of those $10,000 cheques…… we may get a ripple but not a tsunami.The truth is our state government seems to be besieged with balancing the books and had to fund some “headline good news stories” after all we have an election coming up.
Our state treasurer is just cloaked it with smokes and mirrors.This seems like a reasonable explanation to me, apart from the smoke and mirrors ploy I can make no sense of these policy changes.
