Hi Mysta,

Not certain but I suspect if the data originates with a state government department due to the need for stamp duty to be collected then private sales would be included.

If however only REA contribute then I would suspect private sales are not included.

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and…[Read more]

Hi Mysta,

99% certain it does – used to anyway.

Suggest have a ‘surf’ and view their sample reports to see if it suits your needs.

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Mysta,

Not only can you get the date the property cahnged hands but you can also get the sale price.

In WA Aussie homes webisite links to Valuer Generals Office and for around $30-$40 you can get up to the last 75 sales sent to you immediately via the net.

You can do the same at http://www.realestate.com.au with their homeprice guide reports which…[Read more]

Hi Patrick,

One of the key reasons (if not the key reason) is that all costs associated iwth your own home are not tax deductible and as such owning your home is accomplished all by yourself and without the assistance of tax refunds or reductions.

Whereas as soon as you convert your home to an investment property all (most?) of the costs are…[Read more]

Hi CD,

The issue is that more research is required which is what I said in my first post.

If that population trend continues then buying ‘locals’ and tenants will become fewer in number.

So we now see the market move into buyers and tenants market with more people selling than buying (=prices stagnant or deflating) and/or more properties for…[Read more]

Hi Ng,

It really depends on whay you bought the property.

As you are using Steve Navra’s advice then you are more growth focussed and as such would (or is that should) be investing for the long haul so that you are able to access the equity as per Steve’s process. If this is the case then you are better off holding for the long haul.

In all…[Read more]

Hi Rugby,

T’was fortuate I reread my comments – and such a little word that was missed – but the meaning oh so significant.[dunce]

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Jaffa,

You said, “About the economy…it makes you wander where it’s heading.”

The very same question has been pondered for many years and for the last 40 years there has always been a reason to not buy property.

I recommend you have a quick glance at Chapter 8 in Jan SOmers Book – Story by Story – take particular note of Fred Johnson’s…[Read more]

Hi Milly,

Steve Navra has an office in Brisbane. Check out http://www.navrainvest.com.au and http://www.navra.com.au.

Tel 07 3360 0888 Suite 6, Level 3 Waterfront PLace, 1 Eagle Street Brisbane. Ask for Suellen – she is my contact.

There basic philosphy is property the core investment strategy with strong back up from shares and cash to maximise your…[Read more]

Hi Daaj,

OK Fair enough some and have done since January 1985.

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Daaj,

And you would know we were telling the truth by what means?

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Acey,

By the time you have finished that you’ll be able to start the whole process all over again – I am sure zoning rules would have changed sufficiently by then[biggrin]

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Glenetti,

I won’t mention the Rugby – can I ask about the cricket[biggrin]?

Recommend you use the active topics section – it makes it easier to keep up.

Our marginal tax rates do vary according to your income level – the taxable table below explains the ‘deal’ if you can call it that in detail.

$6,000 $0 17.0%
$21,000…[Read more]

Hi Greg,

Ooops – Should have been ‘Home Start’ – some state governments have a home ownership scheme that may apply to your lady.

As I said somewhere else First Home for me was a long long time ago, and kids are not yet old enough to own house so the detail is but a ‘blip’ on my investment/home ownership horizon.

I am a little confused now -…[Read more]

Hi all,

Someone want to lend me their bank account details so I can reply to my email?

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Sibo,

Endorse Richard’s comments 100%

I strongly suggest anyone considering setting themselves up as a ‘spotter’ carefully think through the full process of their proposed modus operandi. When this is firm in your mind then run it past the various legislative people in your respective states – all it will take is one inadvertent step out of…[Read more]

Hi SRD,

A sinking fund is a fund established, and managed by, the strata company (or similar in your home state) that is put aside for major maintenance or upgrades of a strata company. Typically these repairs/upgrades are to external areas only as internal stuff is generally your responsibility.

A strata company is reponsible for the…[Read more]

Hi Carlover,

I haven’t had direct delaings with CWB but I have posted some pointers I expect people to have satisfactorily addressed by myself before establishing any relationship.

They may be of use to you and your research.

Some thoughts for you to consider.
1. How long have CWB been in business?
2. How many investment properties does your…[Read more]

Hi Millhouse,

Without meaning to be so harsh – but that is a question you should have asked before buying the property. These pre-purchase issues + others are equally as important as checking the numbers.

Did you get a building inspection done? If so, what did the appropriately qualified, and licensed, inspector say?

He/she is/was in much…[Read more]

Hi all,

A 7.1% drop in population figures between 1996 and 2001. At this rate CG is sure to be minimal and tenants are not going to be falling over themselves to get into your property.

I wonder how the population trend has been since – I would argue more research is required.

Derek
derekjones1@bigpond.com

Property Investment Support…[Read more]