Recent content by Pete

My gut feel is that good capital growth in the short term will be rare. (Though as a Perth-focussed investor I hope I'm wrong..)

I've been a subscriber for over 10 years. Decided (a couple of months ago) to not renew this year...

Received a renewal invitation today. Same house, same insurer. Premium has doubled in three years, and 50% increase since last year!! Are others seeing the same? I phoned & asked, was told that the fire services levy was a factor. Here in WA there is already a fire services levy...

Excuse the off topic comments, but they came to mind reading the thread. An article in the AFR paper during the last week described that Visy were to set up a ~30 person office in Singapore (I think) to do buying out of China, and servicing their Asian clients. I was surprised in the article to...

Thanks, redwing. That looks like well presented & authoritive information. Cheers

I heard it was, like the tennis score above, due to the zero looking like a duck's egg.

Thanks (again, I'm sure), Dazz, for the insights into the dealings. I thought I only got sweaty palms thinking about high heights, but I just noticed I have sweaty palms right now! I'm still doing the 'numpty engineer' gig. Resi portfolio will take some time for growth to provide the...

Thanks very much, brendio. I'm surprised the place has featured previously. Good to read the comments (in the other thread). I have much to learn...

http://www.realcommercial.com.au/cgi-bin/rsearch?a=o&id=5659397&f=0&p=10&t=com&ty=&fmt=&header=&cc=AU&c=17900493&tm=1294204640 Place for sale in Muswellbrook, NSW. I have no association with the property at all & am not interested in buying it. I found it by searching for higher yielding...

Give it a rest for a decade and I guess you won't need loans for future purchases?

Yeah, I heard something about it. The new buyer keeps the house - cause that is how the system works... The vendor seeks compensation to reimburse him for loss. The agent is facing some sort of disciplinary action. The money went somewhere in China.

Who cares? I do. :)

It will be good for some, bad for others. It doesn't sound smart to me, though. Maybe that just reflects my conservatism. Current LVR limits are OK with me.

By many measures Aussie house prices are overvalued. Not really a bubble, though. And I'm a one-eyed property person!

I'm thinking this thread is in the wrong sub-forum. Hmm?