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I understand that growth has been higher than was forecast last year, and therefore because it has outdone their expectations, they expect it to come back a little. The way I heard it explained was that the growth which actually occured last year was very high, and statistically had a less than...

Dunc and Sim Thanks for the advice - I will be talking to an accountant and I'll let you know what his thoughts are. Regards Sanchez

Dear Forum Would anybody have an idea on the following? If a pergola has rotted and needs to be replaced (IP purchased about 3.5 years ago), would the works be considered as repairs or capital improvements, for tax purposes, or is it a grey area? Sanchez

"But your honour, this person called buggleuggs on an internet chat forum told me he thought it was a good idea, so how was I to know it wasn't"

Acey You will probably hear less and less from them as time goes on. Sanchez

Acey Who says that we are the people who were saying there would be a 35% drop? Sanchez

Thanks Oz

Oztexs Sure do!!!! I could ask so many questions. But I'm sure everyone does, so if I could ask just one (compound) question, it would be: John has recently been saying that we are at the beginning of a new growth cycle, and therefore that property in more desireable locations, closer...

Voodoo Yes I do have it, thankyou. I did miss John Edwards talking about it on Sunday morning though. Nic The figure within the blue arrow represented predicted annual growth for the next three years - though it didn't specify whether that was for houses or units - presumably...

Hey Forum Anybody read the 2004 property guide in this weekend's Sunday Telegraph? Apparently John Edwards gave a rundown of the report on 2UE Sunday morning but I missed it. Sanchez

Sounds like you need an Engineer to go and look at the site, Council plans etc - none of these issues will have yes / no answers. Sanchez

Jen It is very difficult to answer your questions without seeing the site - what is really required is a building inspection. Does the site fall to the road or to the rear? If the property falls to the road, then the roof drainage will probably be to the kerb. If it falls to the rear and...

Jen What exactly is the context of your reference to rubble drains? Generally a rubble drain is a trench full of gravel, usually to absorb runoff from the roof drainage when it is difficult to drain to the street or a stormwater pipe. However lots of people confuse rubble drains with...

Saucy Gibbon Any areas that would fit your investment criteria? (That you don't mind sharing with us!) Sanchez

Each to their own, but personally I try to find a balance between financial stupidity of both extremes, i.e. spending money inefficiently for frivolous things on one end of the scale and hoarding money for a future that never comes on the other. I have seen both of these extremes in people, and...

Julie Check out www.residex.com.au. From memory, the report contains a bit of a market wrap up, some info on the data, and the top 100 predicted growth suburbs and their past and predicted growth rates for 5 and 8 years, for either units or houses, depending which one you order. I think they...

There was an article in Sunday's paper (think it was the Sunday Telegraph) with the top 100 NSW postcodes for 2004. There were some odd picks in there and fairly high predicted growth rates (mostly over 25%). I think the source was Home Price Guide, but I'm not sure - it wasn't Residex. I am...

Don't know if its true, but I heard somewhere that you can have certain information (pertaining to applications) deleted from your credit record under one of the Privacy Acts. Anyone know anything about this?

Beech That was a bit of a drive - anything worth seeing?

Loz I purchased the info from Residex, hence the reason I didn't post the graph. It all came from the Residential Property Return Report. Sanchez