Recent content by PreAu

Those are investors, I mean they are not only PIs, they trade share, currency....etc. Another common things of those Asian traders is they don't believe the best time to buy is the market bottomed, they only buy in bull markets, the better the market, the more stock they will buy. We haven't...

Market price moves according to supply/demand, so I always look at what is affacting the supply and demand on the market. WP you are right some of the demand relates to the government "stimulus", while at the same time supply is slow. Other demands I believe are coming from net capital input...

Hello Paul, All offer before auction need to be unconditional if you are hoping getting any result. I am suprised that the agent didn't tell you about this when you put in your offer. IMO, giving the current market conditional it is unlikely vendor to accept offer before aution even they are...

I am thinking break down the wall between family room and kitchen, also some other modification of the floor plan. My question is if I don't get council approval (cause no strutral changes), will that be a problem when I sell? I haven't sold any IP so don't know who draws the floor plan for...

Not necessary, Median price is a a tricky one, it is basicaly the price of the middle one of all sales, not much it can tell you the price movement. The average (or mean) of all sales will tell you the true story. I rather rely on my own research than the newspaper;)

the soften price only on >$550000 ones, demand for $400s have been no fall at all. Main reason must be the income level here has been improving year by year, so as the increased populations.

Council valuations are based on statistical method, which means more accure for a urban property than a rural property, because rural property is with large land holding and much less sold data available. There should be more flatruated discount on rural property price, right?

Thanks guys. I feel the same too. Actually this is my first IP and I've been working on the weekly inspections for nearly one year. There were some good buys I missed out. What other ways indicates the property is a fast sell or forced sell?

Buying a 40 yrs house in eastern adelaide suburb 6km from CBD at 5k above council value, Is it a bargain or...? It is an original livable brick house on 1000m2 land, 6km from adelaide CBD. I believe the vendor - an old couple had been living there for a long time according to the furniture...

RP data on Realestate.com confussed I doubt that the figure on the web are TRUE!!! While other properties are selling in 500ks in an eastern adelaide suburb, there are figure of 61k and 81k of two 4br house deal in May, it just not real. Or might i miss something there? Please help me out...