Search results

  1. Finrod

    Miners Rest Ballarat-advice please

    Miners rest is pretty close to the new Ballarat West Employment zone which is supposed to yield something like 9,000 jobs (if I recall) over the next 15 years. With proximity to the highway, airport and Wendouree supposedly the second CBD for the city - not to mention the load of investment...
  2. Finrod

    Southern Adelaide investors- market update please

    Whilst the low buy in makes Adelaide appealing; why are people bullish on the city? What is driving its growth? Unemployment is relatively high, gross state product (GSP) growth is low, population growth is significantly lower than the other large cities, and though SA is a resource state -...
  3. Finrod

    Will Brisbane outperform Sydney over the next 12 months?

    Word on the Street Brisbane seems to be picking up significant steam and growth rates might meet Sydney growth rates as the latter decelerates. Two anecdotes: 1) The REA for my place in Margate just rang advising of significant growth, demand for my property, and what my "number" is if I...
  4. Finrod

    Western Sydney Meetup - Wednesday 20/5/15

    Thanks for organising Skater; it was good to meet everyone. Until next time - happy investing all!
  5. Finrod

    Does Brisbane still stack up?

    Matusik who comments a lot on queensland has an interesting view from earlier this year: Effectively, his view is that job creation is a significant driver for property price growth. Some key stats from his perspective: - The Gold Coast, for example, has created 15,000 new jobs...
  6. Finrod

    Does Brisbane still stack up?

    Having a trusted advisor like him is the foundation of successful investing.
  7. Finrod

    Investment Property Strategy - A Definitive List

    OP, Is it worth splitting 1. into a) buy and hold (capital gains) and b) buy and hold (cashflow)? The former often involves utilising negative gearing in the early years usually becoming CF positive later whereas the latter seeks to maximise CF in the first instance, with any CG being an added...
  8. Finrod

    What is your end strategy?

    Oracle: this plan is not disimilar to mine. At what point in your journey did you decide to draw down to purchase shares? After you reached a predetermined portfolio asset value goal, once you exhausted your ability to borrow for property, or some other trigger entirely ?
  9. Finrod

    What's Margaret Lomas telling people to buy?

    Cycle agnostic ? Interesting to note Coota's list has a number of Melbourne and Sydney recommendations despite those markets being quite hot. She also doesn't seem to be touting some areas from the past like Seaford which may suggest she's not trying to continue to put upward pressure on...
  10. Finrod

    Which one? Redcliffe, Brighton or Slacks Creek

    I think the premise is that places like Bunnings and Woolies do a lot of research on where to open new stores - often identifying them as growth areas. Thus individuals can interpret these as signals, or "piggy back" their research.
  11. Finrod

    Which one? Redcliffe, Brighton or Slacks Creek

    Two senses Me too! FWIW: Logan is a large area and there is a significant variance between suburbs, socioeconomially. Mount Warren Park for example is very different to Eagleby. Logan doesn't have the land scarcity factor though that the Redcliffe peninsula does, though the former is...
  12. Finrod

    Wynnum manly brisbane

    Wynnum West Technically, I think that puts the property in Wynnum West. That part of town does tend to have lower prices and better yields...though is obviously a reflection of its relative demographic as well as being a bit further from the water. Again, just check if your place is a flood risk
  13. Finrod

    Wynnum manly brisbane

    Gentrification and Investment There is some money being spent in the area: Multi-million dollar Redevelopment of the Library and the Woolworths (I think I read somewhere it would yield 110 jobs across part/full-time and casuals?) $100M widening of Wynnum Road Corridor Update (turning...
  14. Finrod

    Which Brisbane Suburbs?

    I'm not a local, but I've bought for reasons similar to yourself (train station, perceived demographic differences, and proximity to hubs and infrastructure). I've not had any problems with the property since holding it, and had regular rent increases. I would check floodmaps though, as I do...
  15. Finrod

    Western Sydney Meetup - Wednesday 20/5/15

    I'll come along too (so long as work doesn't banish me interstate)! I really loved the previous one I attended (I think that was organised by nhg)
  16. Finrod

    Game of Somersofts

    Aight, I'll give it a crack ! People worship the old gods (capital growth) and the new (cash flow). We have the Iron Bank (RBA). "The Others take them" - overseas investors taking opportunities? Men of the watch: The various somersoft veterans who spend their time to mentor the rest...
  17. Finrod

    Cashing in your chips - which is the best strategy?

    Not to mention transaction costs which will no doubt further dent your remaining equity. Strategy 4: draw down against the equity and put it into high yield shares. This gives you an ever growing income stream, whilst also preserving your asset base (and thus not forgoing further capital growth).
  18. Finrod

    Edens landing, Brisbane .. Worth a look ?

    Hi Moses, We've got one there and are happy with the purchase. With a train station, some local shops, it is certainly convenient. In addition to its location midway between brissy and the GC, The neighbouring suburb of Beenleigh slotted as a regional centre being just nearby that should...
  19. Finrod

    Improve Cashflow: Own your own ATM

    Thanks Wombie. Evidently I have poor SS search skills! I dd search, but somehow didn't get relevant results.
  20. Finrod

    Improve Cashflow: Own your own ATM

    So I came across this mob recently and it piqued my interest. The basic premise is you buy an ATM from them (for $15-30K), and in return you receive ~30% profit (after all outgoings). In addition you depreciate it over 10 years, and sell the residual. Has anyone tried something like this or...
Back
Top