Recent content by my03

  1. M

    Are Chinese boom suburbs the mining boom suburbs of tomorrow

    there are two types of properties: Chatswong, Eastwoo and Epping - mostly local Asians - highly desirable places to live, plenty of amenity and transport - no they won't take a big hit...even non-Asians like to live there believe it or not and they are prime areas close to jobs, shopping...
  2. M

    Site Coverage vs Floor Space Ratio vs Height

    Always refer to the definitions/dictionary of that particular planning instrument, definitions of these vary from council to council, but generally speaking Site coverage - this is how much roofed area you can have and includes the main building, car ports, sheds etc fsr 0.7:1 - this means...
  3. M

    Sydney Market at top - calling a severe correction in 2018-2019

    To be fair, Korean bbq isn't takeaway and quite healthy (if you go easy on the pork belly)
  4. M

    Sydney Market at top - calling a severe correction in 2018-2019

    Blacktown, man has that places changed! Still heaps of kids wearing nautica hats outside westfield though!
  5. M

    Sydney Market at top - calling a severe correction in 2018-2019

    Nah, I Actually live in Pymont next to the casino, down near the water lol, I walk or ride my bike across Pyrmont bridge to work takes me 10 minutes. happy days, but yeah there's houso's here too and glebe...you don't need to go to 2770 to see characters in Sydney lol. All im saying is, I...
  6. M

    Sydney Market at top - calling a severe correction in 2018-2019

    Totally agree, was just more raising the question of which market would hold up more, 2770 or Strathfield. You mean you're advising your kids to invest in 2770 or logan next slump?
  7. M

    Development/DA advice

    1. when it comes to residual houses in an area zoned for higher densities, if you can't beat em, best to join them 2. yes of course it's possible to work backwards, how do you think the developer got to the offer price in the first place? Work out your gross realisation (total price of units...
  8. M

    Airbnb and Strata

    The problem with subletting or short term lending is you might of effectively changed the use and building classification without knowing. You've gone from a class 2 to a 3 (under BCA), the essential services for these building classifications are different. From a planning point of view -...
  9. M

    Sydney Market at top - calling a severe correction in 2018-2019

    The interpretation of slum and scum in Sydney have been significantly redefined over this last boom. A place that was once classed as an undesirable place to live might not be so bad on the ground, and a place that was once seen as a very desirable place to live with plenty of amenity...
  10. M

    Sydney Market at top - calling a severe correction in 2018-2019

    Last Friday, was craving bbq chicken so I went to paradise at 2770, I reverse parked and the guy in the car behind me got out, started swearing his head off "how the f%^# am I gonna get out, etc etc" I saw what was happening, so I got back in my car, moved my car forward, got out of my car, went...
  11. M

    Interesting article from Terry Ryder re: inner city over supply

    throw green square in there. The mirvac developments seem to be getting absorbed really well. I personally wouldn't have the balls to buy there. But for a ppor who cares? it's close to the city, transport etc. Whats everyone's opinion on this area? Been discussed in other threads but I'm very...
  12. M

    Interesting article from Terry Ryder re: inner city over supply

    http://www.hotspotting.com.au/news/1/brisbane-apartment-vacancies-rising.html interesting how sydney doesn't get a mention in the oversupply/vacancy hit list
  13. M

    Does high density living gentrify a suburb?

    In my opinion, gentrification can happen in various ways. It can happen due to a cultural shift, market shifts or it can happen from a policy shift. Take three sydney suburbs which have experienced gentrification as examples: 1. Surry hills- (cultural shift) - used to be lower socio economic...
  14. M

    Acid Sulfate Soils Overlay

    Acid sulphate soils are only an issue when you excavate. When you put in a DA for development and you need to excavate for footings or a slab, Council may require you to submit an acid sulphate report or management plan prepared by a consultant depending on the level of risk. It doesn't really...
  15. M

    AirBnB Neighbours Wrecking Our Lives

    depending on how it is used and what council/state you are in, it could be technically an unauthorised use. I know of a few cases where the council has commenced enforcement action on properties being let out on airbnb.
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