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Hi sivskumar was just reading some old threads and thought I would ask hiw you farm investment is travelling. I throughly enjoyed reading your post by the way. Kudos for posting. cheers pats

Agree that the collapse and sale of the MIS plantaions brings great uncertainy as to the value of standing timber. To clarify the propeties in the links below, as far as I am aware were not MIS plantations so are unemcumbered.

A different type of investment… Land………. With trees on it :) Over the past 20 or so years there was quite a large area planted to plantation timber in Australia. With the failure of many MIS schemes most of the large land holdings were sold as in individual parcels( typically at below...

Thanks for the responses. My main point of annoyance was the refusal of the PM to investigate whether it could be claimed on the building insurance, with the tenant paying the excess. From reading the “Residential tenancies Act 1995” (SA) 69(1)(c) it states that a tenant “must not...

From thinking about it and reading the tenancies act again, I guess it really comes down to whether there was any negligence from the tenant. Do people have any experience with this kind of matter? Would this be considered negligent?

Hi All Hoping for some advice. In the past when there has been accidental damage in my IP the PM has put it on insurance and the tenant has paid the excess. This however seems to be more of a common understanding where there is a benefit for both parties (cheaper for tenant and landlord has...

Where is the land located? Is the property serviced by cit.

Good morning, I am currently in the process of renovating a unit (will do another post on that when its done :)) and I am putting a new kitchen in. The old sink was very shallow and the drain outlet is quite high. I am concerned that there may not be enough room for the s bend work. The...

Siva I would be interested to hear more about the property you have purchased if you are willing to share. Regarding the size of a viable farm, in recent years there has been alot of consolidation of farms and the average size in this area at a guess would be 3000 to 5000 acres. The...

Just to bring up an old thread.....I was having a quick look places forsale around the lameroo area where the OP was talking about, and saw this: http://www.realestate.com.au/property-mixed+farming-sa-lameroo-7347961 For the OP's purposes this would'nt be to bad, as it has a 6% lease back...

Hi Siva Compared to other areas in Australia, this is a harsh area, but it’s a risk/ reward. Rain fall varies from 220mm north of Loxton to 400mm south of Lameroo. The better country is in the southern mallee, Lameroo, Jabuk etc. This area is traditionally a mixed farming area with sheep...

Thanks for the reply. I thought that would be the case, however wanted to see if anybody on here had some idea’s. I don't have any concerns about future serviceability. I am pretty conservative with my investing. Current LVR is less than 50% and have sufficient cash reserves, however would...

Hi All I may be changing jobs and industries in the future. I believe that I am in a reasonable position to secure credit with my current employment situation, however with changing jobs, this may be more difficult in the future. I am interested to see if anybody has any ideas about...

Our Obsession, Thanks for that very detailed and informed response. That pretty much satisfies my curiosity.

Agree that all of the other states have large towns(and larger than Vic towns), I guess the question I was asking is what drives the growth in these towns, or what where they founded upon. Most of Australia lives near the coast or a capital city, but allot of the regional towns in Victoria are...

One thing I have always wondered about Victoria is why there are so many large regional centres opposed to other states. Towns like Mildura, Ballart, Bendigo, Warrnambool, Horsham, Hamilton, Echuca, Shepparton, Wodonga, seem to be quite progressive, virbrant and thriving. What are...

I still have family there. Bamera certainly has some good buys (as with loxton too IMO). Although investing there would be primarily for yield with hopes of GC. It will be interesting to see what happens with the water. At the moment irragators are ristricted to 67% of allocation due to...

Thanks for the feedback (Mick C, Nice summary) To answer questions raised. I am with Adelaide Bank. The use of funds for non deductable purposes has not been an issue yet, (although I can see how it would be with 1 account). I plan on keeping the IP long term. Looks like I may go...

I had the same view. There was also another instance I note in WA where a company (investors) was funding the growing of grain crops and sharing risk/profit. I think this was the link http://www.aacl.com.au/farmers_info.php, althought not much info on the site. Still on interesting...

Hi All One thing I have noticed of recent on the forum (long time reader, only just joined) is that there has been a bit more discussion about agriculture, so I thought I would bring up the issue of foreign ownership of assets in Australia. Personally, I encourage the foreign ownership of...