Hi Wil and Del,

That is such great news… congratulations to you both!! [][] Tell me, do you think if you hadn’t sold your house you would have got there? Just curious, cos sometimes the ol’ PPOR is a millstone, sometimes it’s the best thing in the world!!

And to Bec, good on you for your words also.

Cheers and salutations to all!!
r [][]

good luck with it mark

Hi guys,

If someone pulls out equity of one of their existing properties and buys down on the peninsula… an average to decent place in Blairgowrie costs 350k, a good one costs 400+. Rye and Tootgarook are cheaper… because Blairgowrie, Portsea and Sorrento have such good access to bay and ocean beaches, whereas they don’t.

IO on 350k at say,…[Read more]

Hi SIS,

So, um, a balanced life would mean spending less time on the internet and more in the real world, with actual, um, people? social interaction?? []
r

agree with Simon… or else there’d be quite a few “millionaires” running around

To me anyway, you’ve just answered your own question… but it’s well worthwhile learning more about other investment areas just so you don’t get “tunnel vision”

cheers
r

Hi Yack,

that’s pretty much what we’ve done, but it was bought as my wife’s PPOR when we bought it 3 yrs ago… she lived in it for a month or two, then we made it available as a rental. We now live on 60 acres north of Melbourne, and if we cash in the CG at Blairgowrie, we can clear the mortgage up there. As a bloke with a young family I’m sure…[Read more]

doesn’t hurt to diversify, but don’t do it just cos he tells you to. Choose the option that gives you your best sleep at night factor.

Cheers
r

how close are you to getting to where you want to be markpatric? Considering the length of time you’ve been investing you must want a pretty expensive PPOR

cheers
r

WOW westan, where would I find such a guru who can get me these returns??? []

yack,

prices have more than doubled, and in some cases, tripled on the peninsula… if you want to take a punt it’s going to keep going up, and up, and up, good luck… I can tell you from experience the demand for holiday rentals isn’t as strong as some may think. Demand for full time rentals is even worse. We’re about to sell ours at…[Read more]

Isn’t Roma quite a distance out of your way from Rocky and Bundy?

cheers
r

Markpatrick, you said on somersoft you’ve been investing for 10 years… now it’s 15-20… what’s the go? Not having a crack at you, just curious.
cheers
r

guess you’ll have to cough up some folding stuff to find out..

r

I don’t understand why people get in a rage over ethics… I would have thought it’s a good thing to do… believe it or not, some of us in the media even try to operate ethically… really, we do. I reckon if you say “I’ve got principles I operate by” and you actually stick to them, good on you for doing so. Doesn’t necessarily mean that’s what…[Read more]

Hi Maggie

Refer to this thread.

https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=7161

Hi Kay

I know where you’re coming from… but if you find a place where the vendor is more than willing to take 100k, but you think it’s worth 120k, would you insist they take 20k more? If so, why?

Cheers
r

by the way guys, the magnesium project we’re talking about is a different one to that which was mothballed: Here’s an article from magnesium.com dated December 2003.

The mayor of Rockhampton has had some discussions with the Department of State Development about a possible second magnesium development in central Queensland, Australia.

Magnesium…[Read more]

Here’s another

Govt denies military base claim

25jan04

CLAIMS that a training base for United States soldiers could be set up in Queensland were wide of the mark, the federal government said today.

Newspapers today reported that Australia was considering letting the US set up the base in Shoalwater Bay, near Rockhampton in Queensland.
The…[Read more]

I thought Crocodile 3 was held at the Shoalwater Bay training facility, so why rule it out? By the way I’m not predicting ANYTHING… just cutting and pasting some reports…

Here’s another article:

US military base in Queensland

January 25, 2004
AUSTRALIA is planning to allow the United States to build a training base at Queensland’s…[Read more]