Hi Vtxdevo,
Yes, I heard about this Marina it got me very interested.

I was hoping for around $250,000 H&L package, so depending on block prices.
It is also a little confusing as there is PT Kennedy and Pt Kennedy Springs, the later appears to be cheaper. I’ll need to take a run out there.

Thanks for your help

PS
wont be mentioning this amazing…[Read more]

Hi vtxdevo, sounds like you are familiar with Rockingham. What about the newer areas such as Anchorage and Pt Kennedy, what do you think.
I am looking at building new, would like your opinion? Cheers, Marisa[biggrin]

Cooloongup (postcode 6168). (oops, left out an O) – sorry.
This is getting bigger than Ben Hur.[biggrin]
However, may be worth a look at.

Thanks for your help and comments. Any additional areas that I have left off the list would be appreciated.

As far as CG goes I was advised that I can avoid this by purchasing block (only need to pay $500 deposit) holding for 9 months, then commence building.

Apparently on completion of building you apply to ATO for CG exemption (not sure of…[Read more]

Thanks Redwing.

I am also hoping that someone will reply who has possibly gone through this process a few times
and could give me some ideas.

Also, with market changing is this a little risky, as I would possibly be selling on completion?

Sorry , I meant Coolongup possibly looking at $175,000 to purchase (3×1), however houses are older in this part of Rockingham. I still think represents good buying.

Coolbelup – cheaper suburb in Rockingham, worth a look at. Stats show that over the last 10 years this area has performed very well. cheers

bruham
Times have sure changed since you lived in Perth, and believe it or not Morley is actually very impressive. Lots of very good reasons to buy in Morley, check out the info/stats you will be surprised.

[biggrin]

Always, luv happy endings and selection of hats.[biggrin]

Thanks Redwing, we must be getting lucky in Perth …. visitors. I’ll do a search.
Cheers.[biggrin]

Hi there,
I like both, whatever works. I go for mix of CG and cashflow (positive), cant ignore either. Just look at what suits your circumstances at the time of purchasing.
From experience, they both can work. Many people on forum have done well purchasing both. At the end of the day it is what you are comfortable with.
Cheers.

I restore antiques, and I also paint, love gardening.

I have two little girls who keep me busy and I also assist with MYOB in partners business.

[biggrin]

Hi Derek, I am reading this book, it is excellent, great if you are into renos.

Hi Jo,
How are you goin’ …

What is the difference between forum and chat room. What am I missing out on?
[biggrin]

Hi all,
I believe formites discussed this some time ago. I agree, however I find the site/format not particularly USER FRIENDLY. What do you all think??

I am currently reading Peter Spann’s new book, have to agree with Terry it is very good.

I can feel reno fever coming on…..

George,
I was told that when “residential property is flat commerical usually starts flying….” has this been your experience????

We own an industrial property we purchased a few years ago and prices are now moving and also easier now to rent.
cheers.[biggrin]

We have polished floor boards throughout house, look great. However, I must admit I do miss the carpet.
Stainless steel, heard it is a nightmare to maintain.

You may still find positive in Merredin, Westonia commencing in January. Regional Centre with about 5,000 pop. Lots happening in this wheatbelt area.

Houses are selling like hot cakes.[biggrin]

House – $42,000 with reno/etc – just rented
$115 pw. NO problem renting. Demand will be greater in January when extra accommodation required. I heard…[Read more]

Dont know about experienced investor. We do have an industrial property however.

If you would like more info on commercial, you could start by reading
“How investing in commercial property really works”
by Martin Roth and Chris Lang.

The returns on commercial/industrial can be higher, however the down side is it can also take longer to rent out.

Cheers.