I was wondering the same thing, when I saw this fairly large block on a busy intersection advertised back in April.
http://www.realestate.com.au/property-house-wa-st+james-116738347
Now it's July, and it's still on the market....
We've recently been through a similar scenario. Perhaps our strategy could help you make a decision.
We had quite stringent requirements for our next home and a limited budget - so for this elusive perfect house, we wanted to be in the best position to make an offer - to have pre-approved...
so i did exactly that - entered legitimate information and selected a valid guesstimate value...
... now their guesstimate is almost $300k above the value i selected ? :S
cool thanks
incidentally found this on ozbargain today "You can have access to RP Data's exclusive property report by simply allowing an expert Resi lending specialist to get in touch by phone, or email, to discuss your specific situation."
https://www.ozbargain.com.au/node/138669...
In the news today:
http://www.watoday.com.au/wa-news/perth-tv-studios-to-make-way-for-housing-20140314-34rof.html
I'd love to hear your opinions on the potential impact of this, should it actually go ahead.
I can't specifically talk to your quoted text (is there a source for that quote, or is it a paraphrase?). I'm also a newbie, so I'm interested in hearing what some of the pro's suggest :)
Some of the benefits lie in the simplicity of having all investment related expenses on a single account...