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I lived in Karratha for 18 years and still have family there. Houses are built to withstand frequent cyclones, so building standards are necessarily higher than in the city. Air-conditioning is an absolute must. The rental market an investor aims for is typically a highly paid mining...

The Aldy group - aren't they the people who post thinly disguised promotional links on web forums such as this one?

Hi Crusader, You might be able to get a small house in Lesmurdie or Kalamunda for the same price, have you considered doing that? The hills are on the up & up at the moment. Or do you have a preference for new? Hot today isn't it, 39 degrees! Regards, Easy.

It sounds like a solid enough investment with guaranteed quality tenants, I doubt you could go too far wrong. If the area is not remote and would appeal to non-defence tenants after the lease runs out you could do a lot worse.

Thats true investment wisdom Likewow. I like it! :)

Perhaps the problem will be a big part of the solution. All those aging Australians will have needs, and providing for those needs will become big business. A lot of that business (aged caring) will be done by not-quite-so-old people, e.g. 45-60 year olds, providing employment for what is...

My own experience of LOC is that they are difficult to keep on top of, it sometimes seems all too easy to withdraw a little bit more of what's available to pay those bills or buy that new thingy. As a result instead of the debt steadily decreasing as it would with P+I loan, or staying level as...

I can see how at any particular time there should be properties available at a certain "afforadability" level. However this does not take into account the "movement into exclusivity" of some areas. For example some prime riverfront/beachfront real estate will be developed and become more...

Heir, Although I agree that a major rise in interest rates is unlikely in the near future, I don't think one can assume that they will never again get very high. You imply that because so many Australians (voters) have a lot at stake, the government will prevent major rises because of the impact...

Fixed rates are good for budgets, as you know in advance exactly what you will be paying.

I usually find RE agents argue strongly in favour of RE agents. That's to be expected. But if you do your homework and have slightly more than half a brain, it's easy to sell a property. The necessary contracts can be purchased for a few dollars from newsagents in WA, it may be similar in other...

Good for you Spiderman, if you are happy with the service and also with paying the commission, using a RE agent is clearly the right way for you to sell.

I've sold two properties without RE agents (but using settlement agents) and was surprised at how easy it is. It reinforced my opinion that RE agent commissions are way overpriced. I think fees should be lower, and fixed, as it is not necessarily any harder to sell a $100k property than to sell...

Perth has experienced strong steady growth along with the rest of Australia's recent property "boom", but not at the same very high rates of growth seen in Sydney and Brisbane. Some people say this means the growth in Perth is more sustainable and has room to continue growing, where Syd and Bris...

I suspect Nannup is not such a great prospect as it lacks the magic ingredient - coastline.

Here in Western Australia you can buy these at most newsagents, along with other documents. It may be different in other states.

It's not as easy as you might think Acey. Training the monkeys to throw darts takes some time, and the particularly talented monkeys always want a bonus banana scheme which can add to administrative costs. However I might be able to source a consultant monkey for you under an outsourcing agreement.

I'd pay off my ppor because it's non-deductible debt. Kiyosaki would no doubt disagree with me though!

Funny post (and insightful too). Good one Always_Learning, thanks for that. Thanks for the marriage counselling part particularly, I can truly relate to that. :rolleyes: