Recent content by Static

  1. S

    Gladstone – Bubble to burst very soon ??

    Hmm ...... ok !! And like most Brisbanites .... I don't go to the Gold Coast.
  2. S

    Gladstone – Bubble to burst very soon ??

    Ah ... because people consistently avoid Calliope and prefer to live at Boyne/Tannum. Beaches, rivers, water sports ... minor matters like that. As I said ... everyone we spoke to said stay away from Calliope including some that had property there to sell ... when they got talking. Position...
  3. S

    Gladstone – Bubble to burst very soon ??

    Yeah I'm afraid I'm steering clear of Calliope ... I heard lots of negative stuff about the place when in Gladstone. Apparently the oversupply situation is already in full swing and capital growth going forward is a real problem. It's interesting we found out more in a day in Gladstone than I...
  4. S

    Gladstone – Bubble to burst very soon ??

    Also worth mentioning that there was no shortage of people out on a Friday night spending money at reasonable restaurants. As I said Gladstone seemed a lot different to last time we were there ... about 6-7 years ago.
  5. S

    Gladstone – Bubble to burst very soon ??

    I'd be very happy to get something better but I do think it sounds pretty good. On our visit we did talk to a lot of people and the theme seemed to be people ... especially locals, prefer Boyne/Tannum for the reasons Rooster mentioned. We looked at the new estates and understand their...
  6. S

    Brisbane is at or close to bottom of property cycle

    In the share market history shows that if you pick the worst performing class of asset from the year before you'll achieve much higher returns than if you'd picked the best performing class. Obviously subject to the application of some common sense. Brisbane's turn might not be next year but...
  7. S

    Gladstone – Bubble to burst very soon ??

    Boy ... reading the ups and downs make decisions very difficult. Just came back from from a walk with wife and dog. The three of us came to the conclusion we should sign the contract Monday (tomorrow) on a house. It's brand new, finishes in about 3 weeks. $600k at Boyne Island with 4 bed, 2...
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