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Hi All, I am looking at buying a block of land in The Anchorage, Rockingham. Does anyone for sure know how much of the block I am allowed to build on? Also what does this include? The garage? The Alfresco? I need a REALLY big house (4 kids) and the block is 579 m2 I heard somewhere I...

Hi All, Today I looked at what I think was a brilliant deal, and I am about 90% of the way mentally to making an offer on a property and just wondered if I can get a few of the forumites thoughts on my situation. I am at this point able to comfortably borrow up to 400k to buy a property - my...

Can any locals, or experienced off-the-plan investors comment on the Waikiki Blue project that will begin being built in Safety Bay (Rockingham)very shortly? I had a meeting with the vendors representative (part of the Mirvac group) and the project I believe will be quite impressive and...

Hi Peeps - long time no see. Is anyone starting to find more bargains in WA now that prices are falling? I had a property alert set on www.realestate.com from ages ago at low prices...and all of a sudden I am getting lots of emails of houses in the Rockingham/Mandurah area popping up on my...

Hi - long time since I have posted here as I have been working HARD in non-property business and have finally returned to the fold. My partner and I are looking to buy a place that is located within the area between the river (north boundary), South lakes (south boundary), The Freeway (east...

Not sure if I have posted this in the right spot but here goes. My story: I up until recently got gutted by my ex and now own 1 property instead of 3. On the upside with the cash portion of the split I have invested wisely and will soon be making some seriously good returns. Now I...

Well it seems greed really has reared its ugly head in the pricing/sales structure for the blocks of land at the new Port Coogee Estate. A friend who works for them basically said that due to the way the market has gone in the last 6 months their release strategy was totally changed, mostly...

I hate PM spamming everyone so I decided to throw this out there to the whole forum community :) My situation: Our portfolio consists of 3 properties: 3x1 House - PPOR, just renovated and valued at 350k (50k equity) 2x1 Unit - Neat unit close to everything valued at 280k (200k...

Hi Fellow Forumites Up until recently I have been 100% involved in property as my vehicle to early retirment. I have recently been given a huge opportunity to take a 50% stakehold in a new company that has a fantasic, new and patented product. I have been offered the 50% share on the...

Hi All This is my first bad experience as a Landlord and I am not enjoying it at all! In a nutshell I have told my PM to get bent. Why? 1) They conducted the first inspection 5 weeks late, after I nagged them a LOT. 2) It took them 3 MONTHS to send me a copy of the lease agreement...

I would love for all us Perthites to meet up again ASAP. I have so many ideas for my next investment I am going to pop. I am busy pretty much every day of the year due to work etc so what I suggest is that anyone interested in doing this put down a couple of suggestions of when and where...

Hi Folks My father has approxiamtely 250,000 pounds in super, stuck in a fund over in the U.K According to him if he tries to bring it over here in 1 lump sum he loses 48% of it in TAX!! I dont bother arguing with my Father because he is actually an accountant - but I refuse to believe...

Hi Guys Since I have only recently started expanding my portfolio I am new to the TAX side of things. Next year I intend on doing 3 short trips; to Adelaide, Sydney and Melbourne. These will all be consecutive, in that order, then flying back to Perth. The main purpose for this 3 part...

I hope I have placed this in the correct area :) bear with me - this is a goodly sized post. I am looking for advice from our many wonderfull Forum members on what I should do 'next.' Now I know that a popular response to any thread like this is "it depends on what you want out of life"...

I just finished reading the property liftout from the Sunday times and all I can say is GO W.A!! Hows this for 12 Month results: Karawara = up by 70.8% Jane Brook = up by 35.6% Medina = up by 30.5% Oakford = up by 33.3% Busselton = up by 33.5% Dunsborough = up by 29% Not to...

Hi Guys I have a work colleague of mine who has recently placed a very nice investment property on the market to sell in order for him and his wife to build their dream retirement home. He is in the process of getting rid of the current tennants (4 chinese girls)who are only paying $70/...

Hi guys. I received today what I would call a fairly important email. As I have mentioned several times I am a manager for Midland Brick (Boral). The email basically stated that we are no longer going to be using an allocation system for the sale of clay interior bricks. This is...

Just occured to me after making comment in another thread that I have not seen a truly CF +ve property for quite a while now - not in the Perth area anyway. I know of lots in Karratha and other mining districts but thats about it. Has anyone had such luck finding such a property from a...

Hi Guys/Girls I am from WA and have recently been approached by several people in the market to either co-ordinate the renovation of thier IP or to actively seek out and negotiate for a new IP on their behalf. Now, if I get financial renumeration for doing this, what are the legal...

This is a "Now What?" Thread. My Current Situation: ================ I own a great little +ve geared property in Rockingham. Immaculate 2 Brm unit. Rents for $140/wk with a mortage of $460/month. So This leaves me with $146/month left over in my virtual pocket with which to pay strata...