Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
Hi Kbrodee,
Can anyone shed some light on how the median price on realestate.com.au is calculated??
Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]
Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
Hi Kbrodee,
Can anyone shed some light on how the median price on realestate.com.au is calculated??
Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]
Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
Hi Kbrodee,
Can anyone shed some light on how the median price on realestate.com.au is calculated??
Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]
Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
Hi Kbrodee,
Can anyone shed some light on how the median price on realestate.com.au is calculated??
Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]
Benny replied to the topic Need Property accountant in Sydney in the forum Finance 9 years, 3 months ago
Hi San,
See this link – https://www.propertyinvesting.com/topic/4990179-please-point-me-in-the-right-direction/#post-4990180Further to that, do a Search for “moustacas” on here and you will see Nick’s name mentioned MANY times over the years, including where he has presented to groups of investors. I last used him 5 years ago when I was in…[Read more]
Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
It seems there is nothing gong for under $350k
Did you see the Median that pops up whenever you click on a property (it takes about 30 secs to show up).
When clicking on that first link, it shows the Median (middle) price is $316k. So if most are selling for $350k, how can that Median be correct? It should indicate that a bunch more…[Read more]
Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
OK Kbrodee,
let me play devil’s advocate !! I checked out those links you posted. And the first one had a big question that I think needed answering.It is on a good sized block (586m2?) and the interior looks very nice – perhaps renovated? So, the two questions that follow are these :-
1. It seems the median value for a 3bdr in FNorth…[Read more]
Benny replied to the topic Cate Bakos :: Buyer's agent from Melbourne in the forum General Property 9 years, 3 months ago
Hi San,
In case you are having trouble, here’s where you can find Jacqui :-
https://www.propertyinvesting.com/members/jacm/Benny
Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
Hi Kbrodee,
I can’t help with any knowledge of Frankston, but this quote of yours caught my eye:-
We soon realised that the stigma attached to the suburb was in no way justified or logical. We had spent considerable time in the outer suburbs of Sydney over an hour’s drive from the CBD prior to looking in Melbourne, where the median price for a…
Benny replied to the topic Australia – Undervalued suburbs. Opportunity? in the forum General Property 9 years, 3 months ago
Hi Kbrodee,
I can’t help with any knowledge of Frankston, but this quote of yours caught my eye:-
We soon realised that the stigma attached to the suburb was in no way justified or logical. We had spent considerable time in the outer suburbs of Sydney over an hour’s drive from the CBD prior to looking in Melbourne, where the median price for a…
Benny replied to the topic "The big picture" – for new readers especially… in the forum General Property 9 years, 3 months ago
Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.
The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]
Benny replied to the topic "The big picture" – for new readers especially… in the forum General Property 9 years, 3 months ago
Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.
The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]
Benny replied to the topic "The big picture" – for new readers especially… in the forum General Property 9 years, 3 months ago
Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.
The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]
Benny replied to the topic "The big picture" – for new readers especially… in the forum General Property 9 years, 3 months ago
Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.
The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]
Benny replied to the topic Redraw from an offset in the forum Finance 9 years, 3 months ago
Having “found” this thread again, I wanted to highlight this post from Terryw.
https://www.propertyinvesting.com/topic/4997918-redraw-from-an-offset/#post-4997951It highlights one of those little “GOTCHA” areas that can trip up new and old investors who may not have thought things through completely.
I have been guilty too of raving over…[Read more]
Benny replied to the topic Redraw from an offset in the forum Finance 9 years, 3 months ago
Havng “found” this thread again, I wanted to highlight this post from Terryw.
https://www.propertyinvesting.com/topic/4997918-redraw-from-an-offset/#post-4997951It highlights one of those little “GOTCHA” areas that can trip up new and old investors who may not have thought things through completely.
I have been guilty too of raving over…[Read more]
Benny replied to the topic Redraw from an offset in the forum Finance 9 years, 3 months ago
Havng “found” this thread again, I wanted to highlight this post from Terryw.
https://www.propertyinvesting.com/topic/4997918-redraw-from-an-offset/#post-4997951His few words inspire a whole book of information. It highlights one of those little “GOTCHA” areas that cna trip up new and old investors who may not have thought things through…[Read more]
Benny replied to the topic Is there any Groups/Meetups? in the forum Heads Up! 9 years, 3 months ago
Hi Jason, (and San),
You were in the right forum to seek out that data – this one:-
https://www.propertyinvesting.com/forums/heads-up/The “Heads Up” forum is described as containing “Posts about gurus, organisations, websites, books, courses, print, radio or TV matters of interest.” It also has information re any meetings being arranged.…[Read more]
Benny replied to the topic Advice on buying a new or old apartment in the forum Help Needed! 9 years, 3 months ago
Hi Panina,
As Steve says “Buy a problem and sell the solution – don’t buy the solution!”
He explains by saying “The developer builds new properties, providing solutions for all those who just want a new house”.
For those who can fix problems, (either by developing, renovating, or simply buying for a bargain price from someone who…[Read more]
Benny replied to the topic Advice on buying a new or old apartment in the forum Help Needed! 9 years, 3 months ago
Hi Panina,
As Steve says “Buy a problem and sell the solution – don’t buy the solution!” He explains by saying “The developer builds new properties, providing solutions for all those who “just want a new house”.
For those who can fix problems, (either by developing, renovating, or simply buying out someone who over-stretched for a bargain…[Read more]
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