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  1. Gravos

    Terry Ryder's 5 top hot spots in regional Queensland

    jury still out on dalby I think the jury is still out on Dalby as a hot spot. People with investment houses there at the moment are experiencing plummeting rents and a high vacancy rate. WHilst there is a lot of projects planned for the area and billions of $ investment in the wings, for the...
  2. Gravos

    Rent in the Surat Basin

    Rent in Surat Basin Rental market is still very soft. Just spoke to my property manager there - currently 213 vacant homes in Dalby. Properties that were being let for around $550 are now getting $300-$350. There is very little resources related activity on the ground at the moment it would...
  3. Gravos

    Surat Basin region

    Rental market in Dalby I bought a house and land package in Dalby through BLue HOrizons, which was constructed a bit less than a year ago. The construction process went smoothly. THe rental market has been somewhat disappointing after all the hype etc about the Surat Basin and resource...
  4. Gravos

    Investing in Surat Basin Qld?

    investing in Surat Basin At the moment the returns are much lower as there are quite a lot of vacancies on the rental market. It is expected to pick up next year when Arrow starts the next phase of its project. But at the moment there are a lot of new places sitting vacant so you would need to...
  5. Gravos

    Dalby, QLD

    Dalby Interesting to see this thread has come back to life. I did eventually get an IP there - in one of the estates (land & house package). It rented out for $490/wk - which was less than they were renting for previous to that, but at the moment there seems to be a bit of a glut on the...
  6. Gravos

    Selling agent fees in Perth

    Thanks for all the feedback guys. I know an agent who has offered 2% - so I think that is a good deal (mates rates I think - but I wanted to just get a comparison) Propertunity - you've got a good memory! we are in the process of building in dalby - we got a good deal on some land and the...
  7. Gravos

    Selling agent fees in Perth

    Hi I was wondering if anyone has experience of commission charged by selling agents in Perth - the property we are looking at selling is around $1.2-1.3M if that makes any difference (inner metro) cheer gravos
  8. Gravos

    Adelaide & the Property Clock

    After having read the recent thread on Sydney in relation to the "property clock" - where do people consider that Adelaide is currently at? Growth in 2006 - around 6% Growth in 2007 - around 20% (Mar 07- Mar 08 21.6%) I guess what the 'property clock' doesn't tell you is how long will be...
  9. Gravos

    PIA query

    I've just started using PIA and I've been inputting the details for IP1. Our loan arrangement involves a fixed interest loan serviced by an associated line of credit, from which the shortfall is capitalised. I can't work out how to set up the LOC in PIA so that the shortfall automatically...
  10. Gravos

    Pergola not approved by council

    Yes - whether approval is required for a pergola will vary from Council to Council in the wonderfully diverse landscape of local government law! I actually just built one (without a roof) on our place and was amazed that I had to get planning approval and a building licence for such a simple...
  11. Gravos

    Council flat out

    builders also flat out I recently caught up with our builder 6 months after completing a PPOR renovation. They apparently are still flat out and things are still as busy as they were (here in Perth) about a year ago and tradies still very hard to get
  12. Gravos

    Pergola not approved by council

    I work as a lawyer in this area (town planning) and I agree it would be very unusual for such a matter to be brought to a Council's attention - Council's enforcement is typically complaint initiated and if it doesn't affect a neighbour then it is very unlikely to be an issue. In any case it is...
  13. Gravos

    Number crunching

    thanks Winston:)
  14. Gravos

    Number crunching

    Hi I am relatively new to property investment and am wanting to get my head around 'number crunching' a little more - by which I mean getting more au fait with working out/analysing after tax shortfall/cash rates return/internal rate of return in relation to specific properties And also...
  15. Gravos

    Is it better or not to live in a house when you renovate

    We recently completed a renovation on PPOR that was supposed to take '6 months' and took 1year+ and we're still doing bits and pieces although the suffering is pretty much over. We at least had a functioning bathroom throughout which is essential IMHO, but had to cope without a kitchen for a...
  16. Gravos

    Dalby, QLD

    Well there certainly are larger rural blocks further out from the Town, however, I was looking more at the smaller (1-5 acre) blocks in close proximity to the Town. There seems to be a fair amount available of these (a search on realestate.com.au brought up 107 hits for land in Dalby - with...
  17. Gravos

    Dalby, QLD

    the black soil movement does sound scary - thanks for the tip. I also noticed a number of lots being advertised as flood free zones, which goes to show there's a lot of areas that aren't! thanks for the comments, Gravos
  18. Gravos

    Dalby, QLD

    I did think about Chinchilla, but it is a much smaller town and Dalby is more of a regional centre (primary schools; high schools; tafe etc). I did also wonder about Toowoomba, which is obviously not that far away Its interesting also what you say about the Acland Coal mine not having that...
  19. Gravos

    Dalby, QLD

    I understand a different slab construction is used - a 600mm think suspended slab with 6m concrete piers beneath it which apparently addresses the movement issue cheers Gravos
  20. Gravos

    Dalby, QLD

    Thanks for your thoughts Aimjoy. It is a small town (currently around 11,000 people I think). Mind you a lot of regional towns that have performed very well from an investment perspective (and of course linked to mining boom) are similar size or smaller - e.g. MacKay (< 5000); Karratha (WA)...
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