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  1. J

    Realising intrinsic value

    Ed, Fortunately not in a demolition protection precint. And I may be exaggerating. Probably a more pre-war worker's cottage that has been renovated so that it looks more Qld-ery. In this day and age aren't we calling anything tin and timber a Qlder though?!?
  2. J

    Realising intrinsic value

    Rolf, it is in Northgate. Kristine, there might be room up one side to split off a block at the back. This would leave no backyard but is a possibility. Might be something to consider in the future, although I was hoping for a way to get the full value recognised without having to go to such...
  3. J

    Realising intrinsic value

    Close Rolf, actually a little over 900. Still 20 wide along the front but deeper I think. House is now on a slab and would be almost 15m wide so can't really see a way of moving it onto one of the blocks. So the only option would be to knock it down eventually to use the blocks separately...
  4. J

    Realising intrinsic value

    Thanks Aaron, It is actually already subdivided. Basically the house sits over the two blocks. So no need for subdivision costs. Only problem is that the hosue is too wide to sit on a single block so would have to be knocked down. And as I was saying, there is significant intrinsic value in...
  5. J

    Realising intrinsic value

    Hi everyone, My house in Brisbane sits over two blocks. Going off recent sales in the street, the current bank val (which is pretty much the price paid three years ago) is only just less than base land value. The house is a Qlder that has been built in underneath, costing the previous owners...
  6. J

    Mining tenements

    I assume you are looking at Ballarat? I thought Steve McKnight had already picked the eyes out of that town?
  7. J

    Property doubles every 7-10 years?

    If I can speak for young gun, in previous threads I believe he has said that he plans to buy in regional areas, not Melbourne or Sydney. It would be interesting to see data on unimproved land values per square metre over time. Realistically it shouldn't go up any quicker than GDP, although I...
  8. J

    Property doubles every 7-10 years?

    Doubtful I doubt the reality of this figure. The median home price might double every 7/10 years, but I don't think this is the case for actual housing stock. Over the years, average house sizes have gotten bigger and the furnishings have gotten better and are continually updated. Even if we...
  9. J

    property in US/America books

    No, don't have a copy myself. Even though it is more than ten years old it could still be worthwhile. Legislation would still be similar.
  10. J

    Moranbah?

    Mining is still cyclical I always knew that China had plenty of coal reserves and still weren't a huge importer of met coal, but just found out the other day that they import less than 3% of all BMA's (main coal miner in Bowen Basin) exported coal. So if you are a believer in the China story I...
  11. J

    property in US/America books

    Another by Jeremy D. Smith Try this one mate: http://www.amazon.com/exec/obidos/ISBN%3D0471555916/zacksinvestmentrA/002-4650932-5736808 Bloody expensive though, and second hand.
  12. J

    Buying in the US

    Researching the States Hi Guys, Does anyone have some good sites that they used for their research? Loopnet, etc might be good for looking at specific opportunities but I am having trouble finding generic information like house price data, average yields, etc, even with the usually helpful...
  13. J

    Get in or get out of the way!

    House Price Capital Appreciation is Overestimated Alex, I just tried to quickly look up some long-term house price data to support my argument but the best I can find is 1901 rents for a 3 br home compared to 2001 rents for same. I would expect it to be a safe assumption that rental yields...
  14. J

    Get in or get out of the way!

    Admittedly not that far into my investment career so I'm not dealing with hundreds of thousands of dollars. Like most have been doing well on the sharemarket but using stop losses so won't get burnt when market turns, definitely wouldn't be buying say an index fund atm and holding indefinitely...
  15. J

    Get in or get out of the way!

    Will Property Double in the Next Ten Years? Michael, I think it is very optimistic to expect (or even hope for) property prices to double over the next ten years. This would imply a compound appreciation of over 7% per year. Even when Steve Navra uses the apparently 'conservative' figure of...
  16. J

    Property in the Bowen Basin, Qld

    Starting a new thread in response to Bruce rather than hijack Bianca's here http://www.somersoft.com/forums/showthread.php?t=22286. A lot of the mining companies are not as desperate to build new properties as you'd think. Though many of the towns were originally built by the mining...
  17. J

    Just realized I am a millionaire/ now what?

    Ok, We've all been impressed by bianca's (and hubby's) achievements. And a few have made some good suggestions. But before we put the thread to bed let me have a crack at putting it all together. Like most of this forum's members I am not PS146 compliant and it is therefore illegal for me to...
  18. J

    Just realized I am a millionaire/ now what?

    Investing in Coal Towns Considering I live in a coal town (Blackwater in Qld) I thought I might chuck in my 2c worth regarding comments from thefirstbruce. Unless you're a believer in Kondratieff waves, a commodities supercycle and China I dare say you are a year or two late on the mining town...
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