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Thanks very much people for your help; very generous of you. It sounds like the suburb will be a good proposition. I'll keep digging

I'm considering a purchase in this area, but haven't ever seen it mentioned as a 'good buy' area. The property is an older 3 br unit in a small block. It's asking price is around 400,000. I won't have depreciation benefits but it is tenanted, small block and min body corp, is close to city and...

I'm not so sure. Terry is constantly pushing the notion that the best buys are regional centres whilst labeling every other expert recommending inner suburban property as having 'vested interests'. Sure you can buy well in regional centres, but where do most investors buy? And where do...

''Certainly when we go out to rooming houses in the middle ring we see people that would never be homeless before, never lived in a rooming house, but as a single person can't compete in those rental markets.'' Which is precisely where retiree Pat Barron found himself early last year...

Glen Stevens and his RBA are a bright bunch. There have been some fantastic speeches made recently (not just by Stevens) which makes me quite hopeful that they are capable despite the shockers of raising interest rates through the roof in 2008, not seeing the GFC coming (not one of them) and...

Carlton's 10 year average growth is only 3% for units. As an investment that's poor especially as it's been a pretty good ten year period. It does tick a lot of boxes though and fell 17% last year so you could buy in cheaply. North Melbourne has average 9% and was pretty stagnant last year...

A one bedroom flat in inner ring suburbs or a house and land in Melton/Berwick? Good question. You'll get many opinions as to which is the best option, but I think the most consistent long term capital growth will come from a well positioned one bedroom flat in the suburbs many people choose to...

Melbourne, Melbourne, Melbourne. John Edwards in his Residex report today says: Overall, our view is that Melbourne is the "hot market" offering best forward growth rates and well positioned affordable units and so that market presents good long term investment returns.

If prices have fallen then prices are probably at the bottom of the cycle. There are plenty of projects that have been shelved on the GC this past 12-18 months so this will lead to a supply shortage in the not too distant future. Now a good time to buy in Southport.

That's all I was given houseman; from an associate.

Monique Wakelin always says to avoid streets with lots of apartments but she also recommends suburbs with high numbers of renters such as Elwood, Flemington.

Dandenong comes up trumps in the latest Residex release of Melbourne's top performing suburbs over the last year. Houses: Dandenong's Housing Commission satellite, Doveton, led with 14.9%. Others were Clayton South, Dandenong South, Eumemmering (satellite of Dandenong) and Dandenong Units...

Eh? Did I miss something in your post? I read: prices booming and if they are still bubbling away at Christmas you'll sell? Sydney has done zero for the last 5 years and now it picks up you are going to sell because it's near the sea? How did you stumble into PI in the first place?

If it is booming down there and I've heard the same thing, why are you selling now? Why not just hold on to it and let it grow? Just curious.

I really have no desire to convince anyone to join TIC or to persuade anyone that TIC is the only way to invest. I'm a member, I've benefited enormously from the philosophy and from the many decent friends I've made since being a member. I would never have become interested in property, or...

QUOTE=BoatBoy;500315]Where? Point them out please Dave Gee I'd be here all day, but a quick sample: boomtown: "overpriced properties". Evidence please? BTW, at the workshops I've attended, the preseneter suggests every time that people should check prices and do due diligence by...

Can't speak for anyone else boomtown, but I only recently came across this site a few months back and was happy reading through the topics; didn't feel the need to post until I saw the TIC thread.

What? Some people like to dish it up but get cold feet when they are challenged it seems. So we get five pages of anti TIC bile, inaccuracies and brazen arrogance, then a few pro TIC people write in and all of a sudden the censors want to lock the thread. Freedom of speech sure has...

I admire Turkey Baster for entering the lion's den to support his beliefs. So no, Boatboy, I'm not taking the pi55 as you suggest. It does seem that for a pro property investment discussion board, this place is not too welcoming or democratic for that matter. To suggest that TIC members...