Recent content by antistar

"The problem is just one of many challenges caused by interest rates falling below zero, known as a negative interest rate. All over Europe, banks are being compelled to rebuild computer programs, update legal documents and redo spreadsheets to account for negative rates. Portugal?s central...

FHSZ - list over $480k, sold $712k. Can anyone with RP data verify this? http://house.ksou.cn/p.php?q=Frankston&sta=vic&id=645416 Lots of movement in this part of town (high school zone)

With some of the Eurozone falling into negative interest rate territory we keep hearing about how savers will have to pay the banks for them to keep their money safe. But what about borrowers? How do negative interest rates affect exisiting borrowings? Normally there would be a 'zero' floor...

"The real house price boom hasn?t even begun" - interesting views here: This matters because it isn?t so much the absolute level of debt that is important to the property market -- household debt was also at a record in 2000 -- and again in 2004 and 2006. Instead it is the cost of servicing...

Yes, indeed :)

Yes and if you are running late, you may lose a lot more than just a shoe on your way out..

Hi Dan89 I like buying Frankston for the following reasons: - Great geo position on the bay, between the Peninsula and Melbourne - Bordering $1m+ suburbs to the south all the way to Portsea - Connected to the CBD by new Freeway, $50mil upgrade on train line - Outside capital moving in...

So like REITs but with no choice and more restrictions. Silly really. Would be interesting to see what rights come with each brick given they offer units in specific properties, i.e. can you buy just one $66 'brick' and hold a caveat of interest over the property forever?

Definitely avoid 1 night stands. My min stay criteria was 3 nights, now 5. 10-15 days is ideal, anything longer is easier but with a lesser return. Also re folks trashing your place - Airbnb has a great pre-selection criteria. I mostly only let middle aged couples stay in mine (or mature...

I have had a very positive experience with Airbnb for about 18months+ with a CBD apartment. Overall return is very consistent and equals to 3/3.5 x times long term rental return for this type of property. In the hot months (Nov - March) up to 5 x. Have a cleaning company who do a...

Sydney housing shortage projected at 190,000 dwellings http://www.theurbandeveloper.com/housing-shortage-190000-predicted-sydney/

Yes, all registered titles and dealings with titles are open to public search: http://www.lpi.nsw.gov.au Same with VIC https://www.landata.vic.gov.au QLD https://www.qld.gov.au/environment/land/title/ SA https://www.propertyassist.sa.gov.au/pa/public.phtml TAS...

You can do an online title search easily and access past sales history. https://www.landgate.wa.gov.au/corporate.nsf/web/titles+and+records

Properties in the high school zone sell for 18% higher than comparable properties just outside of it. Admission to the school is a major factor as FHS keeps very tight residential requirements...

$50mil upgrade to Frankston train station precinct http://www.theurbandeveloper.com/frankston-station-precinct-receive-50-million-upgrade/