Never mind……

It looks like some of the topics you are targetting are a bit sensationalistic, which is unfortunate.
Distressed sellers, negative equity, etc…
Is this what the viewing audience wants to see ?

Its a pity that there isn’t a more educational property program…[Read more]

5 yr warranty, but it might expire before they come out !

kp

Have been investing in Karratha WA as well as Mt Isa Qld for the last couple of yrs now.

Both areas are going through massive expansion and both are major regional centres. Both have extensive govt. services and infrastructure and service the outluing…[Read more]

Perth is special coz its not Sydney.
The economis of the two states are competely different ( read basket case running annual defecits vs strong export driven running surpluses)

His summation that Sydney went…[Read more]

Check with the body corp first, or else as Terry has suggested, you need to contact the builder.

Sounds prety serious though.

kp

My understanding is that this proposed subdivision is just behind the town as was part of the Ross Estate.

I know one of the developers in Brisbane.

Try this link:

http://www.fijigatedhavens.com

a bit clunky as a site but has a bit of info on it.

kp

If you signed a sales agreement with the agent/s it will have a date or timeframe for the listing.
If its open ended, then it will also have a clause…[Read more]

I understad there is a new bridge and roadworks in the area to improve access to the airport.

Interested to get an insiders perspective

Thanks
kp

Come on in the water’s fine….

Batch

So where the bl00dy hell are you ???

Sorry, couldn’t resist.

I also have a keen interest in Fiji as I am doing some due dill on some land in Nausori, near the airport, for a gated expat community.
Rents are supposedly pretty good at around $3000 to $5000 $F per…[Read more]

I specifically target new property in regional areas that are growing, so by default this would be mining areas.
Target…[Read more]

Thanks you guys.

I think its already peaked and taking a breather. What happens next is the interesting thing.
Does it stall and correct, or continue up for a bit longer, or just level off and stay sustained.

I think it will level off with moderate ( below 5%) growth for a couple more…[Read more]

There is a product called a smart brick that is manufacture by Aus Brick .
It is a half brick with a slot along the bottom edge.
It gets fitted to a steel rail that you attach to the timber frame ( after removing the boards) and then you fill the gaps in between with…[Read more]

I was banking on $495k

I have a valuer ( HTW) doing mine this week, hope he doesn’t knock it down too low because they are not quite completed…
CURSE those slow builders !!!!!

kp

I know plenty of people who are still buying, but they are not financially challenged by the current interest rate rises.

A far as I am concerned, money is still cheap ( I recall as gmh pointed out, when rates were at 17% and beyond) so I am happy to keep borrowing at current rates.

This…[Read more]

Also, have you had ANY response of feedback from both your own adverts as well as from the listing agents?

ie… feedback is usually in the form of objections. If you can over come these objections then there is no reason why it doesn’t…[Read more]

I have heard of a few builders in Perth who operate exclusively this way.
Pretty much they seem to be cost plus 15% but that would depend on what you negotiate.

We were offered this on some Qld development, and the builder indicated that he felt we would save 15% doing it this way compared…[Read more]

Can you provide more details ?
Where is it, how big, is it urban or rural, or rural residential?
Price range ?

It sounds like its open listed with a few agents and yourself trying to sell it at the same time.
Most agents will not put too much time into such a listing as they stand to miss out on a…[Read more]

RIght now the Chinese are having to compete with the Japanese and Koreans for resources, including both commodities and natural gas.All this competition is keeping the prices up.

The Chinese are taking a more proactive…[Read more]

Not a slump a crash, property selling for 850K at castle Hill by owners eventually sold for 680k by Bank who would no longer wait.

Some agents say 50-90% of auctions are Mortgagee but banks…[Read more]

Hmmmmmm …. guess thats why when you look at LA ,NY, Tokyo, Paris amd London, one of them has dropped out of the the five most expensive cities in the world to make way for…[Read more]

I have heard this mentioned before, and essentially its overstated regarding the southeners moving north.
Having said that, it is becoming obvious over the last two yrs that we have been travelling up to Qld that it is getting pretty congested on the roads around Bris/Sunshine Coast.

kp

Many experts have been saying that the property market has bottomed however recent news is indicating that Sydney will come back another 10%.

What do you think will happen to the other states???

D

I think you need to look at specific segments of…[Read more]

After reading this post, there seems to be some confusion about “why” Perth is still booming.

All of these facts can be confirmed:

* Currently the lowest unemployment in Australia. In fact, the lowest unemployment EVER recorded in any city of Australia.

* Second highest (highest now?) average wage…[Read more]

Ther is a real lack of quality new property available for companies and families.

We bought some blocks in the new Healy Heights subdivision and are in the process of building…[Read more]

Essentially, they have a full asic approved pds in place, to raise funds for their developments, on which they pay between 12% & 15%…[Read more]

Theres no secret…we were just a bit more organised this time.
We got 4x blocks in stage 1, and after doing a local visit, realised that its a very good story….both whats going on up there and the new subdivision.

So we planned, and got organised to make sure we were in a position…[Read more]

I am sure we can help out with a quote, etc.
All we need to start with is a contour survey, of the proposed subdivided block.
Do you need a soil test report where yours are, or not ?
I would think not, but its up to the council in the end.

Xstrata were…[Read more]

Its a huge country but indeed a small world !!

To over come the builder and trades problem we are taking our builder from Sunshine Coast up with us.

Some of the things I learnt by investing and building in Karratha, we are…[Read more]

Almost famous….
That was me who bid on those blocks.
And it was 12 in the end not 11.

The number was scaled back to 21 on the day of the auction, as 5 were apparently ‘reserved’ by a govt department or something.
No one is saying exactly whats going on.

We also got 4 in stage 1 and prices didn’t really go any higher in stage…[Read more]

Understand what you are suggesting DLPP.
All I would say is that the assumption is that both markets are peaking. They peak will only be determined once it is reached, and we may not be at that point yet. There is talk of further price rises in the current negotiations with Chinese and…[Read more]

DLPP,
I would think coal is a very different proposition from iron ore or oil/gas for example.

Price taker or not, when the…[Read more]

Its time for a change.
We are going to do rendered and brick exterior, with high spec fitouts including granite benchtops, etc.

Its taken for granted in the city but ppl in the bush are also wanting a certain level of comfort and it has been sadly lacking to date.

I…[Read more]

I am surprised by the delays you have experienced with the council.
When we saw them they were suggesting 10 days for planning approval and a further 10 days for building approval.

I guess it may be different for new building on clear land, compared to addition of an extra…[Read more]

I am curious to know as we heard that all local builders are snowed under and can’t start anything new till after…[Read more]

We are doing Transportable homes on concrete slabs to Karratha atm.

First batch turn up late May and into June.
Can’t comment till they are set and completed.
They are at a big savings to using a local builder.
kp

Well I was first in line even tho I didn’t camp out so I get first pick right Aly ?
Well it seems like you don’t have a concrete plan with either !! ie..you planned to flip the blocks for a profit but now you are not sure what to do !

Regarding the Lancelin block, you can contact the local council and ask them, and…[Read more]

Are they lower for locals and citizens I wonder ?

kp

kp

We got some blocks in the new subdivision, and as a result are also going to build.
But we took along our own builder from the Sunshine Coast.

We believe we can get to…[Read more]

kp

I have similar experiences in that I started doing renos’ as part of the process in duplexing properties. This was also in Perth.
But I started in…[Read more]

Its just out of curiosity.

Thanks
kp

Also, was was the purpose of buying them in the first place ( ie what was the initial object and was there an exit strategy ?)

Has the lancelin block got any potential for future subdivision into smaller blocks ?…[Read more]

A lot of the demand within China for power and manufactured goods is for domestic consumption.
Some of the numbers quoted for their planned electricity needs are truly staggering.
They are an emerging economy and very class conscious. Consumerism is the best way to display this.

As for having…[Read more]

kp