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  1. H

    Melbourne September 2010 Somersoft Meeting

    I will be attending. Thanks Harris
  2. H

    Fringe dwellers top property gains!!

    Agree that throwing development blocks from new estates in the mix of established suburbs to compare the growth isnt a fair comparison. Harris
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    Fringe dwellers top property gains!!

    From Today's The Age http://www.theage.com.au/business/fringe-dwellers-top-property-gains-20100312-q2qv.html "So much for location, location, location. All but one of the top ten performing property markets in Australia over the past decade are anything but central......" and...
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    What happens after a property boom?

    Deja vu http://www.somersoft.com/forums/showthread.php?t=11113&highlight=bust 7 year old thread but you could ignore the dates and it reads like it is all fresh :) Bears with 50% decline projections, Economist report talking about overvalued Aus residential market and 30% decline being...
  5. H

    Frankston investment

    Eview or any other agent will sell at a price that someone is willing to pay for a property and at a price that vendor is happy to accept. They also sold 5 properties at auction the Saturday before with 100% clearance (first for Frankston) and as I understand they were almost all $400,000+...
  6. H

    Melbourne February 2010 Somersoft Meeting

    last minute traveling so out for me - sorry. Harris
  7. H

    Melbourne February 2010 Somersoft Meeting

    I will be there - so 1 for me please YMan. Harris
  8. H

    Purchasing in VIC - Frankston Area #2

    Surprising results from Frankston last week: Due to 95% of the sales historically being achieved privately in Frankston rather than the auction format, the average success of the auctions is 50% at best. Last weekend half a dozen properties came to the market with 100% success rate. First for...
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    Blowfor Frankston ?

    Do you just like argument for arguments sake or do you put your point across so that others learn from your opinion and give you valuable feedback in return. Now look at your myth number 154 that you are paddling above. If I started out 5 years ago and could borrow enough to buy one Toorak...
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    Blowfor Frankston ?

    Ok - using your link - In the last 5 years Frankston grew faster than Toorak . :D Are you able to do simple maths :rolleyes: Frankston $227k - 2005 & $339k 2010 - 49.3% Toorak - $1.82m 2005 & $2.67m 2010 - 46.7 % No disagreements there ? Yeah ? Both have this as absolute or...
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    Blowfor Frankston ?

    You are funny.... And the best bit is that you dont get it. Frankston increased more than Toorak in the last 5 and 10 years. Frankston gets double the yield compared to majority of inner suburbs. 2 x Frankston North properties I bought side by side for $144,000 each in 2006 on 800 sqm each...
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    Desired Place to Live in Melbounre

    Thanks Player, Jingo, Amazing Venice . Here is the reproduction of some of the numbers and associated description from some of those posts in 2007 & 08: Cover story in Aug 2007 edition of API (courtesy of API) "Ask anyone who makes a living advising people about property purchases and most...
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    Desired Place to Live in Melbounre

    How do you manage to look inside the heads of the 'posters' to decide if they are right or wrong in their choices or thinking. If someone says they would rather live in Point Cook then their must be a reason for that. For you to then jump in and start questioning those posters or their...
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    Melbourne January 2010 Somersoft Meeting

    Thanks Yman - Will most likely be there. Harris
  15. H

    Melbourne Meet up

    I will be there at 12pm sharp for a quick drink and to say hello and then off to another lunch engagement. Cheers Harris
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    10 year growth, prime inner vs outer, APM data, Feb 99 - Feb 09.

    Excellent post Peter. I would also put Metropole into the same category as Wakelin. Harris
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    Poor V Rich mentality?

    zzzzzzzzzzzz :( yeah... all those 500 million (new) cars that were sold globally over the last 10 years have been bought by shallow, self absorbed, wanna be tossers !! Now get yourself another beer and enrich our lives some more with your wild generalisations..
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    Poor V Rich mentality?

    Then you dont... and there is nothing wrong with that ! Just as there is nothing wrong with those that want to spend their money ! Whatever rocks your boat... The point of my post was to put in my 2 cents re earlier posts talking about how wrong it is to buy a new car even if one could...
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    Poor V Rich mentality?

    Exactly... Life is too bloody short to spend accumulating and then to keep on accumulating (raising bars each time the goal is achieved) and delaying gratification until one reaches the grave. (This is a general assessment and is part of my philosophy on wealth and spending). Wealth...
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