I think that with the possibility or approval of new marina, and the highway being built has a lot to factor in it . And i think for a beach side suburb the house prices are undervalued, that could be the driving force.
For the perth company he did not mention the name but i sure with a little digging around you may find the…[Read more]

I would like o know a simple question, and that is has anybody opened up a bank account from australia in china?
And transfered money their?
i cant seem to find anybody who has.

Dom [biggrin]

Coming from Queensland i have always thougt that melbourne was overpriced before the boom 2001 onwards. I could not understand why their was such a huge price difference. But thats when i picked up my first PI book and started buying in qld.
I have recently purchased in an outer suburb of melbourne cheaper than i could buy in…[Read more]

Why don’t you put some of your web site links here so everyone can benefit from them.

Dom [biggrin]

Thanks for helping to find ways of passive incomes. But i thought i might throw other question to you . I would like to start my own business and have been procrastinating over a year where to begin i have narrowed it down to three types of business that bests suit me.
In no particular order i like all of these types of business ,…[Read more]

By Peter Taylor

February 12, 2007 12:00am
Article from: Herald-Sun

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INVESTORS spurred by rising returns and low vacancy rates are returning to residential property and bolstering competition at auctions, agents say.

After a lean recent patch in the investment market,…[Read more]

What exactly do you mean by gearing?
Do you mean borrow against for more properties?
Basically i think that in the current market (Property) you may be able to get better returns with your money in a managed fund. If i find a fund which pays anything in between 20% and 50% it should do better than property in the next few years…[Read more]

Compared to the rest of Australia i believe that this area is, good value for money CURRENTLY. The property i recently purchased may be positive or negatively geared depending how you look at it. You can work it out for youself here are the numbers Purchase price plus costs, $380,000 rental return per month $3520. IO 25 year term…[Read more]

I thought people might be interested at the positive signs of the Frankston market at the moment. This property is producing good rental returns for its proximaty to a major city (Melbourne). My opinion…[Read more]

I have a property manager which takes care of any problems but so far no problems at all. They charge me a 5.5 % management fee which i think is pretty good. have a look at this link about upcoming projects it is quiet interesting. http://www.frankston.vic.gov.au/About_Frankston_City/Major_Projects/index.aspx

Dom [biggrin]

My personal preference would be to stay landside as the majority of the population and investors prefer these areas.But if it where for personal use or for the long term (20 years or more) then it could be worth investigating further. Prices are slowly rising in brisbane because of the amount of people and work available so…[Read more]

My suburb in albany creek north of brisbane as risen significantly in the past year,. and it is only 15 klms from brisbane. It is still possible to pick up a house in the low 3s ,””but you better be quick””. other suburbs you could try, eatons hill brendale, warner, cashmere all around 20klms from city.

Dom [biggrin]

This is precisely why i have bought in frankston this year.I beleive this suburb which is close to the ocean has a tremendous amount of potential which has been overlooked for many years.
And i think north or south of frankston wont be a lare price difference in the future. I was fortunate enough to find a positive cash flow proerty…[Read more]

I thought this article would help and i have included a link to the Somersoft forum on the bottom of the page about Melbourne property.

Dom

Hold onto property’ in 2007

By Rosemary Desmond

January 09, 2007 05:41pm
Article from: AAP

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UNCERTAINTY over interest rates could make 2007 a…[Read more]

I have just settled on an 8 bedroom student accomodation investment property. The internet is paid by me and the electricicty is capped at $400 per quarter anything over and it is split between the students.
Each room has furniture bed ,table,etc .It has 2 self contained kitchens with all cutlery. The laundry has a washing machine and…[Read more]

Can you tell us some numbers,how much you paid for property how much rent are you trying to achieve for each unit. This may help with some of your questions.

Dom [biggrin]

Dom [biggrin]

The rental vacancy rate has dropped from 1 per cent to 0.5 per cent in Adelaide for the first time in three years, and Real Estate Institute of Australia president Graham…[Read more]