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Thanks for all the info Kristine :) was based on info from the agent handling the project (who is also trying to sell apartments that people have already committed to), so I guess they just mean there is an agreement. I just had another look through the homepriceguide and I did manage...

Hi all, I'm currently looking at an off the plan apartment in Melbourne and am trying to find out selling prices of other properties in the development, does anyone know if it is possible to find out this kind of info? Also I know quite a few of these properties have been resold by the...

very sorry acey!, I'll make sure to hunt down the old threads on this before commenting again.

maybe you were thinking of sydney? there is also a 5k grant from the state govt (I think this lasts a year), so possibly 12k in total if you are eligable for both.

then I would say it gets more complicated when considering that many people gear into shares and buy other leveraged investments like warrants.

"It was the first time property beat shares, over a 10-year basis, since the survey was first conducted 12 years ago."

just got back from another auction at the docklands, 2br/2br 11 sq apartment, sold today for 486k, off the plan price was 630k acording to the agent, so around 23% loss. http://www.hockingstuart.com.au/index.php?action=search.viewpropertyframe&OID=368796&s=25784351&page=1

For the gifts etc I would think fringe benefits tax would kick in, unless it was a laptop or other work related stuff like the research interstate. I don't think the suit would work either, unless staff were forced to wear furry blue suits as a uniform, then it might be allowable. :) As far...

I would say it has a lot to do with the profitability of forums, they really don't seem to be great money makers, would guess staffing is very minimal with ozestock and all their sites. Forums that tend to work well tend to be those where the people running it are major particpants from what I...

maybe with $10m+ that would enough to not have to think about making money and lay on the beach somewhere, but I think I would get board of that after a day, so I chose "never enough" :)

would be pretty surprised if those sites (owned by same company) were down for legal reasons, would guess it is just technical problems.

"The average property investor has a net wealth of $662,000, more than three times the $218,000 average wealth of the population at large." "Property investors have an average household income of $83,200, compared with the population average of $47,500" The results are somewhat loaded when...

ok thanks manny

hi manny, do people need to rsvp or is it ok to just show up? best, Paul

waiting patiently :)

Very good moderation I would say. Personally I don't think there should be any need for explanations, it should be up to the poster to read the forum rules, especially when it is a poster with no history.

interesting calcs, and strange that a lender wouldn't take margin loans into account, especially if they do include dividends from stocks bought using the funds from the loan, thus recognising an asset and ignoring the liability attached to it. It would in effect be adding a large amount of...

yes at the time it very felt like the whole auction was a bit of a farce, the place was a very new mirvac apartment, I think the kind of property that would not be easy to sell in the current market. I'm been to a maybe 10-15 apartment auctions in inner areas over the last two months, it is...

this is exactly what the agent selling that property told me about it, its not really a case of prices falling, more a case of people paying inflated prices off the plan. If you approached a developer about an off the plan plan apartment today I'm sure it would be the same scenario. regarding...

hi mondie, I think I will probably watch things in that area for at least 6-12 mths, and look at many other areas also such as port melbourne, cbd and southbank (for a ppor). I tend to agree things might not improve for some time in the doacklands, really it is a very large amount of land...