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    $143,000 p.a. to service sydney mortgage

    Hi Sydney morning herald ran an article recently (last couple of months) that said that a sydney family needs to gross around $143,000 p.a to service a mortgage (assuming property purchased at median). Adelaide was around $78,000 p.a ..cant remember the other states... Does anyone have a...
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    240% above market value

    Hi I ordered a valuation recently in which i expected a valuation of around $120k (based on comparable sales). The valuer has just informed the bank that the valuation is $295,000. This is around 240% above market value. The bank is happy to proceed with the refinance at this...
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    Buy these books before the World Cup

    A freshing change to the plethora of IP books that are currently out there. Be sure to add the following to your collection before the world cup (after which they could be out of date and irrelevant...hopefully) http://members.hn.ozemail.com.au/gerardandkim/
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    tasmania invaded !

    http://www.themercury.news.com.au/common/story_page/0,5936,6866596%255E921,00.html Quick summary of article: 1) Tassie property prices in the outter areas is going ballistic - (ed: but that should hardly be a surprise given that the same trend has unfolded in the mainland states). 2)...
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    Landlord's worst nightmare

    Tenant wins $1.2m for carpet trip By Mark Oberhardt June 27, 2003 A WOMAN who injured her back when she tripped on a hole in a carpet sued her landlady won $1.2 million in damages yesterday. The Supreme Court in Brisbane was told Donna Maree Muir, now 45, had fallen in the hallway of a...
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    Property market : The heat is on

    Hi - below is an excerpt from a newsletter i received today from an agent in mosman, sydney. Based on his recorded sales, the market in his patch of sydney (lower north shore) seems very hot - for both houses AND units. Are other investors around oz seeing the same thing in their respective...
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    Top 100 suburbs in Australia

    http://theaustralian.news.com.au/common/story_page/0,5744,5755957%255E643,00.html The list is complied from median prices - but still makes interesting reading. There is a link in the article to a pdf document which lists the 100 "top" suburbs. Looks like the ripple effect is taking the...
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    Get Rich using Jenman Method

    An alternative approach to wealth creation - from Jenman .. and should be available for viewing directly from his website shortly. cheers waverly Picking Real Estate Winners IMAGINE BACKING a horse in the Melbourne Cup. It runs last, but you still win. Well, I can’t tell you...
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    split loans

    From: Waverly Bay Article on the latest developments - plus industry commments cheers waverly http://afr.com/smartmoney/2002/08/17/FFXFFB8ZW4D.html
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    Will you ever be able to retire?

    From: Waverly Bay ....maybe not if your nest egg is primarily in mutual funds ! http://www.time.com/time/covers/1101020729/story.html cheers waverly
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    I'm a Guru too !

    From: Waverly Bay http://news.bbc.co.uk/hi/english/business/newsid_1953000/1953908.stm Property investigator - your brief has just extended to the shores of the UK ....
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    The Great Social Divide

    From: Waverly Bay An interesting article on the impact of spiraling property prices in the UK on social trends. Is OZ in danger of following similiar trends? http://www.observer.co.uk/focus/story/0,6903,680123,00.html
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    Sexy Structures to 'minimise' tax !

    From: Waverly Bay For those of you who use or are thinking of using tax havens as part of sexy structures to minimise your tax.... the following may be of interest to you. The agreement applies to the US/Caymans for the time being. The scope of the exchange of information relates to...
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