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yep - down.

if you're chasing CG then Rixter's formula is a proven recipe for success.

careful of beckenham - city of canning so i would PASS PASS PASS especially in the R17.5 area.

sure bogans might be nice people - but i still don't aspire to be one. judging others is human nature.

no vested interest here - i really like the R25 area between the train line and champion lakes - not many 4x2s in area and a lot of lots lend themselves to a 350sqm subdivision - i can get a 4x2 on a back lot easy, put a 2nd bathroom on the front 4x1 and voila - 2x 4x2s to a market starved of...

i think Kelmscott has real potential - esp near the new town centre.

the upper range stil stagnant - premium sits above that. that $650k - $1.2mil range just sitting....

rents are astonishing - $550 a week for an average 4x2. Still very high number of Housing Commission homes - same as Belmont, Rivervale and Carlisle though.... maybe it's just the name. maybe it's the lack of new housing stock. maybe it's the fact that it's in the Town of Vic Park...

one word - lathlain.

brentwood - i like it. great suburb. you're feeling the anti-climax. just make sure you're only prepared to buy what ticks your boxes. that way, you can explain to your children how you did it and why you were so successful.

st james is very often overlooked - i imagine it to experience stallar growth when belmont takes off again.

$2036 a year in strata fees is LOW????? :eek::eek::eek:

i'd pick West Perth for some serious growth - if you don't mind having a negligible land component.

deals like this happen every day. BOC lends FMG $USD6bil for a marginal interest rate in return for a 35% cut in THEIR price of ore. it's a one contract deal and i highly doubt BHP or RIO will bow to this because they are in a better financial position. it's what happens when Aussie Banks...

good work Kim - Yokine is INCREDIBLY undervalued IMPO.

WA and Melb are my focus for growth - with some CF+ stuff from (cross fingers) Karratha and NSW to fund it.

i'm glad i put the struggle in to buy west of marmion ave. i see a 2001-2005 explosion in prices coming up - and i aint selling ANYTHING this time around.

perth? mate the sense of urgency out there is insane. i was just informed that one of my 23 unit sites in Tapping sold out in - wait for it - 10 days - last one cleared Monday. another 9 in armadale gone in 14 days - again last one cleared Monday. i'm currently drawing 16x, 24x, 22x, 22x...

there's a big list you have to tick and a larger deposit.

did you beat me to taking Dazz out for a steak....?:cool: