ABS CPI Explanation

As relates to property, rent is included as is building cost, but house sale prices are not.
Cheers, F.[cowboy2]

Historical data series from 1970 to 2003:
Sydney & Melbourne
Adelaide Houses
Adelaid Units
SA
Perth
Hobart
Darwin
Canberra

For the latest data you can check the state Real Estate ‘Institute’ (although I’d be inclined to test how far I can throw them first![biggrin])

Plenty of other good research material out there:
Dataseries Graphing

Cheers,…[Read more]

Uh, thanks for that Anthony Robbins…[rolleyesanim]
Or not.
The deep rooted bias and angry reactions I was able to extract from you so easily, are but the tip of the iceberg, little samples of a huge array of limiting beliefs that appear not to be serving you but are a handicap to success.
So do you fancy addressing my point?
Not all (infact not…[Read more]

Sorry Calvin, I mustn’t have placed enough strategic smileys to portray my tongue-in-cheek mood. Good on you for asking questions, sorry for teasing.

Redheaven, although OT, I’ve purchased 4 props, sold 2, currently no IPs as such. I’ve gambled my PI future on a house price crash, but have nothing to lose (and some to gain) should it not…[Read more]

Well, I got the PM from Getting There. It actually did show me a way I could possibly buy a house in 1 year. Unfortunately the initial post stated that you have to be in Adelaide, and I’m not, so… oh well.[glum2]
I wonder if GT’s friend would be interested in sending me some cheap Magna-RX all the way over here in Victoria. God knows I need…[Read more]

Any particular area?

If your definition is correct Willi, why would Steve McKnight promote ‘positive cashflow’ with an end result the same as negative gearing rather than ‘positive gearing’ where the outcome achieves the aim of his methods?
I agree with JasonB, ‘positive cashflow’ is just a new name for an investment strategy that is very old and commonly known as…[Read more]

So where’s my PM?[angry2]
I’m pretty keen to jump on board this company. Sounds like a ‘Good Idea'(tm)
F.[cowboy2]

From The Property Resume website:
Stop the endless and frustrating wait to build free equity in your home or investment property. When you complete our simple Property Resumé system you will increase your next valuation by a minimum of $10,000 … we even GUARANTEE it.[blink]

Cool, so I just have to repeatedly complete the system – every time a…[Read more]

No need, the link is broke![angry2]
And I was really looking forward to getting my hands on some of that pie. It sounded like a winner.
PM me with details Getting There.
Cheers, F.[cowboy2]

Those examples where a rich person was told to give it all away was because he loved money (the reported root of all evil) more than anything else. He was encouraged to love his neighbour (others) as he loved himself. Apparently the message got lost…..
[blink]…yes. apparently it did!

The ‘prosperity gospel’ did not exist before television…[Read more]

To me $440.00 for both games is an absolute steal for the lessons you will learn.
Lessons learnt from the game itself, or from the experience of blowing your hard-earned?[biggrin]
I have played the game (101), and found it an interesting talking point (pick the strategies that work best in the game but worst in real life), and would value it (as a…[Read more]

Nice work Woodsman, and thanks for the effort in illustrating your point! I believe your numbers look good, but you must admit in your scenario it is timing the that works in Delta’s favour, must you not? In your example she has bought at each trough – how do the numbers stack up if she buys as prices cross their long term trend? What if she buys…[Read more]

1) ING Direct are pretty good and easy to use.
2) I don’t recall the theory of relativity making reference to compound interest.[biggrin]
3) Did Einstein really say this?
4) If he did indeed say it I’m confident it was prior to the discovery of nuclear fusion.
5) In matters of finance, I believe inflation is more powerful!
Cheers, F.[cowboy2]

Originally posted by Redhaven:
hubby and I would be buying under-market properties – at least, that’s the plan…
How do you know they’re ‘under market’? Isn’t the price you pay for a property its market value (unless you are the only person who knows it is for sale)?
I’m not intentionally being pedantic or negative, but I hear this often of late,…[Read more]

Originally posted by windcloud:
Are you referring to Brisbane property may drop back to lower price after 24 months?
Yes, I most certainly am.
When the only fundamental that matters is recent capital gain, you absolutely are in the grip of a speculative bubble.
There are also changes in the offing – both national and international in scope – that…[Read more]

Originally posted by wezwaz:
Why are retirements going to drain the share market?

I don’t forsee a sudden wave of selling, but it is reasonable to expect that retirees will continue to choose more conservative investment options. During their income producing years growth is key, therefore they will tolerate the higher risk and volatility of…[Read more]

Hi Craig,
The problem I see as an investor is that if the best case scenario is $375 pw rent, the house is worth $250k tops.
Cheers, F.[cowboy2]

Marc1,
I refer you to my previous irrefutable point – not all (infact not even most) property investors need to raise their rents in line with the recent and upcoming interest rate rises. You may well be in debt up to the eyeballs, but many rental properties are fully paid for.
Cheers, F.[cowboy2]
May fallen angels watch over you.

youre such a pessimist foundation !!!
No, I’m quite optomistic about my future, just a little concerned for those either entering or recently entered the market with particularly poor timing.
and you needn’t be some smart arse by harping on about economics 101. again what the hell has this got to do with the current forum subject????
Brad’s…[Read more]