I would like to meet like minded property investors in Perth, who use this forum. Any takers?P_retiredMember@p_retiredJoin Date: 2007Post Count: 8
i in Bunbury not exactly the same but not sure if you mean Perth or WA
i guess i meant Perth. Just great to speak to someone who is in the same state with the whole property boom going on. Quite different i think here to investing over east.DerekMember@derekJoin Date: 2004Post Count: 3,544
If you analyse the Perth market at the moment it is apparent that the market has slowed significantly since last year.
Simple maths tells us the growth of last year ~37% (ABS) is not sustainable and anyone who entered the Perth market in the last half of 2006 with a view to making money in the short term is taking a risk (sure some may have – but I believe quite a few will soon sit on negative or minimal equity). As always the herd that arrives towards the end of a boom carries the greatest risk, whereas those that adopt a longer term point of view seem to achieve greater success.
The number of listings has grown significantly and days to sell increased – signs the market has turned. Some vendors are starting to seek buyers as distinct from buyers seeking vendors.
In effect look elsewhere at the moment.redwingParticipant@redwingJoin Date: 2003Post Count: 2,733
We're doing as Derek has stated and recently picked up a Brisbane IP using the great equity from the WA IP's
We live in the hills and would like to meet with like minded people in Perth, if you get some more takers let me know and we will come along.We have IP’s but am finding it very hard to make my mind up on the next type of project to take on, as Derek pointed out, things are changing in Perth. Hope to see you soon
GaryredwingParticipant@redwingJoin Date: 2003Post Count: 2,733EtceteraMember@etceteraJoin Date: 2004Post Count: 24
We'd be in for it with a bit of notice.
Keep us informed.
we live in Atwell. I would also be interested in meeting up to discuss property investing although i am 100% against investing in perth at the moment.
We are trying to organise a meeting for Friday 27th April say 7 o'clock in or around the city, any suggestions? 3 are Nor and 2 Sor
just let me know.
Ive never been to organized property meeting before..should be interesting.
also if you are interested in investing in new zealand I may be interested in travelling there with a fellow investor for the sole purpose of looking at / purchasing properties.
If you would like to come and have a chat with other investors, share some stories and information, come along to the ” Royal in east Perth for 7pm this Friday 27th”,when you come in give me a call on 0405 081 376, look forward to meeting you.
GaryShelliemayeParticipant@shelliemayeJoin Date: 2006Post Count: 2
I'm interested too. I'm way up north but work south – so central would be great for me. When's it going to happen?
There is a group formed already also that I attended a couple of months ago. My computer crashed and I've lost The details. I'll try doing a search in this forum and let you know any details I can find. Linda. Otherwise, if you want to form a new group I'd be interested.
This Friday at the Royal in East Perth, so you could go on your way home from work? we’ll be there, when you come in call me on 0405 081 376.
Oops. Ignore last post. I missed 2nd page and now I can't delete my post. East Perth sounds good, shall try to make it and will call if I can. Linda
Sounds good, one other lady has found out the name of another group that meets near the Burswood, i’ll let you know