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no. this is probably the biggest lesson for me. it is hard to hold CF- properties when their value is falling dramatically and the world is losing it's head and you have a few of your own issues. with CF+, generally if the loan is being serviced the banks will leave you alone, so if you need...

and the rock thru all that time is the comm property....relentlessly delivering cf+ and cg month after month

well i had a good run to 2007, but then everything I owned dropped 30-50%. chuck in a few legal cases for deals gone wrong, credit restrictions, 2 deaths in the family, business hassles, a marriage, a new family - all been a bit much really

comm, and develop off my vacant lots. focus on business/career for a few years and build up comm assets. try to forget the nightmare that has been resi IP

would rather upgrade some of my investments.... the new era has dawned, real products that people need and will pay for. resi IPs on pitiful yield and personal over consumption is very 2007!

Big price cuts to Perth real estate http://au.news.yahoo.com/thewest/business/a/-/wa/7324471/big-price-cuts-to-perth-real-estate/

interesting question to shift out the meaningless dross median stats... what would 1000sqm with an ok 50's home about 10kms from the city cost in sydney? in perth you could buy that in floreat for around $1.1-1.3m

appreciating assets those things!

gotta agree with this. at the beach house i can make a cup of tea and walk onto the sand to drink it. and the beach is actually worht going to. at the beachhouse i want to be at the beach, in th e city, i want to be in the city. but everyone has different motivations... if you want to blend it...

you can be selective tho BC. a 3 bedder went in subicentro (bargain) last year at a smidge over $1m. the land woul dhave to be $600-700k worth. house more than the balance. so buy in at less then replacement and with 70% land content.

yeh thats what i was referring to will south perth and applecross and surrounds ever be held in the same regard as the western burbs?

as an expert on subicentro I can comment on this one! the build price of these sorts of homes is way over and above your typical project home. this sort of living is a lifestyle choice - without children it was awesome. i sold my 999sqm of floreat dirt for $480k and spent $660k on subi. the...

2 storey is revered in the market place tho (as painful to live in as they are). so a nice 2 storey on 500 or a sinlge on 1000... whats worth more?

only reason i would ever buy resi is to (a) develop and flip or (b) PPOR (c) I happen to already own it. so yeh a PPOR. I wont be buying for about 8 months so am a bit concerned about prices but things look ok for me for the time being. the place we just came fro had no yard a all (just a...

yeh grief... cheap living here and the river is nice, but lookign forward to getting back west. do you think 1000sqm blocks will go up becuase of scarcity factor, or down because they are a pain to look after? I like claremont and subi but block sizes are more the 400-500sqm sort of set up

this seems spot on. I think my hosue i sold in subi in Feb is about the last sale there since (in the upper end of subi, apartments still seem to be moving). perhaps lower rung western burbs are struggling. the serious coin always has plenty, a house is probably spare change out of...

seems to have seriously choked, seen hardly anything sell in the past few months. anyone else got a different take on it?