Recent content by Michael Yardney

  1. Michael Yardney

    Should we re think our strategy?

    Roy The data comes from the census - not ABS, but SQM Research has done all the hard work for you and supplies the information for free. http://sqmresearch.com.au/graph.php?postcode=2000&mode=4&t=1
  2. Michael Yardney

    Should we re think our strategy?

    Sexyv40 WE DO NOT SELL PROPERTY - and I would never, ever have recommended Epping - it clearly doesn't fit int he guidelines discussed in this thread. You must be confusing us with someone else - we also avoid house and land Good luck with Kensington
  3. Michael Yardney

    Should we re think our strategy?

    I agree that investing in an area where there is a long history of capital growth could be replaced now by - invest in an area where the demographic has an above average disposable income - because that is what will cause above average growth in property values in the future.
  4. Michael Yardney

    Metropole Property Strategists

    Yes you can be a member of both PIPA http://pipa.asn.au/ is Australia's Peak Association for Property Investment Professionals - more than just a group of buyer's agents - it has lobbied government to bring regulation into the property investment industry. We're foundation members -...
  5. Michael Yardney

    Metropole Property Strategists

    You're right Jacque We've chosen NOT to be members of REBAA for a number of reasons, in fact most buyers agents are NOT members of REBAA - you're in the minority. I'm not sure if that's good or bad. However we're foundation members of PIPA as well as members of REIV, REINSW and REIQ...
  6. Michael Yardney

    Metropole Property Strategists

    Bearsticky I find it fascinating that your first visit to this forum you post a negative comment about us. Your first and only comment - now that's interesting isn't it? And many of the numbers and assumptions you've made are wrong. Maybe you're our friendly competition, maybe not...
  7. Michael Yardney

    Yardney - Don't Invest in Mining Towns

    I haven't been silent on the topic of Melbourne. If you came to my seminars or were one of our clients you'd know exactly what I think. However I've been silent on this forum because certain people who may not agree with my views on property, come out with comments about my weight etc. These...
  8. Michael Yardney

    Yardney - Don't Invest in Mining Towns

    There have been some great comments in this thread Sure I made some broad generalizations. Clearly some better performing mining towns have outperformed some poorly performing capital city locations. And there is no shortage of under performing locations in our capital cities - so...
  9. Michael Yardney

    Brisbane is at or close to bottom of property cycle

    Yes rchad There are cycles within cycles. While the general Brisbane market is flat and probably has some time to go before it picks up (there's nothing on the horizon to suggest this will happen for 12 months), there are some suburbs where demand outstrips supply and where there is still...
  10. Michael Yardney

    Seminar Property Update (Michael Yardney)

    have been on this forum on and off for 10 years you don't think I'd stoop to that type of promotion do you:confused: Especially since they 3 main ones in Melbourne, Sydney and Brisbane are over
  11. Michael Yardney

    Feastudy software - wanting to learn to use it properly

    Feastudy is a great program. We still use it. There's a new version coming out in the next month or so, so don't rush off and buy a copy just now. Apart from understanding how to use it, it's obviously important to get the input (the numbers) right otherwise you come out with the wrong...
  12. Michael Yardney

    Inner vs Outer suburbs and Yardney's newsletter

    There has been some great discussion on this topic and as my name has been mentioned a few time, I'd like to clarify a few things. *We do not sell properties * I have always understood that there are many ways of investing, (including CF+) and what suits one person does not necessarily suit...
  13. Michael Yardney

    Where is the old LOC explanation ?

    Thanks Peter I wholeheartedly agree. The biggest issue I've seen with Line of Credits is lack of discipline. Inexperienced investors set aside money for buffers and then spend it on the "next shiny toy" They trade CFDs of forex or shares and think to themselves I'll repay my buffer out of...
  14. Michael Yardney

    Where is the old LOC explanation ?

    Peter I think you've given a fair assessment that the strategy of living off equity is much more difficult to implement today with the new lending criteria. And you are right, you need much, much more equity than the average property investor ever accumulates. But I have quite a number of...
  15. Michael Yardney

    Michael Yardney's says don't buy in the western suburbs

    Which state are you talking about? I'm talking about Melbourne and Sydney. In Brisbane & Perth we buy very different accommodation - we buy houses - the type of accommodation that is appropriate to the area and that is continual strong demand. Clearly this varies by location.
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