Recent content by Mr Sparky3200

Wouldn't Rockhampton be in much the same boat as Gladstone? They're leveraging off of the same resource-development pipelines? Vacancies are similar, just rent isn't as high in Rockhampton...

I wouldn't call it someone else doing the research for you. I'm curious where everyone else thinks is going to boom. There's a lot of value in knowing what all the other investors are doing!

Would you really want to risk it going to Karratha?

I am always a little skeptical of what Terry Ryder says. Some of his so-called hotspots haven't always worked out that way a little bit down the line. I mean, they haven't shown the growth that was initially forecast.

Just saw an article in Your Investment Property magazine's September issue which breaks down exactly how RP Data, Residex and Australian Property Monitors calculate their median prices, average rental yields and all the other information they provide. Very interesting read. Its reminded me of an...

Hypothetical question here, but imagine you landed $100,000, but had to invest it in Queensland property by next week. You're looking for the best capital growth possible, with a decent enough rent to be able to support it. What area would you invest in? Here's your options: A: Gladstone...

Its very clear to me that 6.6% must be net yield!

Haven't read YIP, but not a fan of API anymore. Some of the stories sound to good to be true.

I'd also look to get that PPOR loan reduced

I've just picked up the latest issue of Australian Property Investor and boy does it suck. It promised me a lot on the cover, and they sure suckered me! The cover promised 200 suburbs to invest in, but when I got the issue I noticed that it was just some lame list I could have got from...

Does it have to be Reservoir? I don't think many Victorian markets are doing so well right now.

RP Data is a lot more reliable, I think, though that's not saying much. There are a lot of statistical anomalies in their data, I find. You'll scan through their newest data and pick out strange things like yield suddnenly increasing from 4% to 7% over a month. Pricefinder seems to update...

Everyone seems to keep saying Gladstone is going to boom, but I'd like to know if anyone is actually buying property there? Right now, I'm thinking it is really, really unaffordable. The yields look great, though, so I'm wondering if there is something else I am missing?

Similar thing happened to me recently. Tenant got horribly sick and couldn't pay anymore.

Does anyone know of the best places to get cheap deals on things such as bathroom fittings and kitchen tops, etc... I have looked around a lot, but I struggle to get some of the same deals everyone else seems to be getting.