Recent content by Ajax

  1. Ajax

    The Mother of All Booms is Coming??

    Last boom it filtered out from Sydney/Melbourn to Brisbane and at one stage Tasmania. Every state seemed to have its own follow on boom. There was also filtering out of Sydney to Newcastle, Wollongong then large regional centres in NSW. I missed nearly all of these last time (bought in Darwin...
  2. Ajax

    ATO Fraud

    FOI Ditto Datto
  3. Ajax

    CBA - Self Employed 80% LVR

    Doesn't stack up well against RAMS- 80% lvr self employed accountant's letter as to last FY income and self certification (I have loans with both lenders-RAMS at 80% lvr and CBA sub 50% lvr )
  4. Ajax

    Capital Growth Superstars - Free $99 Hotspotting.com.au Report

    I have properties in the lists of capital growth superstars for Sydney and Darwin. It concerns me that the report is showing historical capital growth. Like driving a car relying on the view from your rear vision mirror. I think some of the slow growth suburbs (and capital cities) will...
  5. Ajax

    Direct shares

    Telstra's shareprice has fallen a lot in last two weeks (alomg with the banks)
  6. Ajax

    Redfern's "The Block" Devepopment.

    Have a look at www.redwatch.org.au On a more general note (not related to the block) There are also several news articles on Miller's Point sale of housing commission property where the sale of other inner city housing commission property (Redfern, Glebe) is not ruled out...
  7. Ajax

    What's your asset-debt ratio limit?

    Hi Knightm, I wish i had been skiing in NZ or surfing in Indo. Just working on my day job (immigration law) which now involves some teaching to new agents. Your question raises an interesting point. I know from past experience if your lvr is at a low level (say 50%) and there are...
  8. Ajax

    What's your asset-debt ratio limit?

    My lvr is at 55%. Mortgage insurers rules and lending rules post GFC (no lo docs without accountant's letter or BAS statements or bank statements) has slowed me down. I probably needed the discipline imposed on me to stop using IP equity like available credit on a giant credit card (even...
  9. Ajax

    "Lucky"

    Seems to be friends with a few of the local Polisi.
  10. Ajax

    Upper North Shore update

    I find the heatmaps on www.domain.com.au very useful. For instance... http://apm.domain.com.au/Research/?AddressLine=wollstonecraft&LocationType=Suburb&State=NSW&SuburbId=48722 If a suburb is surrounded by ppurple coloured suburbs and the relevant suburb is a lighter red colour (lower...
  11. Ajax

    Upper North Shore update

    I don't understand why houses in Epping are selling for more than houses in Wollstonecraft http://www.realestate.com.au/property-house-nsw-wollstonecraft-116321527
  12. Ajax

    Would you Buy in REDFERN?

    I see quite a few young caucasian familes when I drive through Redfern these days (with young kids in strollers) especially near Redfern Park. Inner city living can't be that kid friendly but its a good sign of change....something I saw little of 15-20 years ago. The shopping strip in Redfern...
  13. Ajax

    Near New Darwin (Palmerston) Unit with DHA Lease

    Hi Longrass, you need to get onto the agent who listed the property. You have it advertised at $440,000 and it says currently rented at $550/week. "This property currently rents for $550pw a whopping 5.2% ROI. " I calculate a 6.5% ROI. I'm selling a house in nearby Gunn asking...
  14. Ajax

    Sydney's two residential islands

    Any views on these? I don't want to buy here...however Scotland Island and Dangar Island have always held some fascination for me.
  15. Ajax

    Would you Buy in REDFERN?

    I was told I could get South Sydney Council approval for a carspace at front of Redfern terrace back in 1993 if I handed someone $7k in a brown paper bag. Didn't take them up on the offer. Was also thinking if I hand the $ over what redress do I have if no carspace is approved. ICAC had just...
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