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Not me, I'm just planning on holding what I have in Perth and investing elsewhere.

$800 is the norm for a 4x2. Not sure why it is all of a sudden a big deal in the paper as for a long time it was $750/w so not much of an increase really (%) :D Heard of a guy today who has signed up a 5year lease at $800/w with $25/w increases every 6 months! Very happy that we have...

Should have known, there could be only one :cool:

Interesting name AUSPROP very similar to "Ausprop", surprised this was allowed as a name as it could get confusing :confused:

Yes I just secure the equity in a new LOC or by extending an existing LOC's (depends what the funds are for). If I refinance to a new bank, I change the LOC to standard loans as they have lower interest rates (and I'm not using them as LOC's anymore) and then extract the extra equity to a LOC...

I don't refinance the same properties every 3 months per say, I refinance one or more of my properties every 3 months. Closest I have come with one property is about 18weeks, property value went from $512K (purchase price) to $580K on a bank valuation. $3777 per week isn’t bad :D

Interstate property and MF's

That's basically one of the main reasons I am not buying in this market. However I'm currently very happy with my "buy & hold" properties, I'm currently extracting equity about every 3 months. It seems like a never ending cycle of withdrawing equity, I'm over the moon :D

Kennethkohsg All valid points and I suspect point 8 is where it is all heading in the very long term. I guess I see these areas being impacted more by a bust because business will not be expanding and therefore the corridor will not experience the expansion of business inline with...

I seem to remember people saying that when articles such as Saturdays property article appear in the papers it was time to reassess and look at other opportunities... I wonder how many people will be visiting Balga home opens today :rolleyes: Now I'm not saying that the WA market has...

Yes thats right I'm nolonger looking at WA as an option. I'm considering Melboure and Sydney for my next few purchases. I'd looked at Brisbane but thought the states economies were influenced by similar forces to WA so I decided that wasn't for me. So what I think I'll actually try and do...