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nope...haven't nailed me at all. Far from it in fact. Speaking of property prices in Melbourne, it is proof that inner city shoe boxes have risen more than houses in Hoppers/Werribee historically. As I and many others have highlighted, once upon a time, the small shoe box in Fitzroy was worth...

You should know Sash! Only the one house in Brunswick. However, as you probably already figured out, I am not preaching my own success, but rather, trying to point out the fact that one could have reaped greater rewards had they invested in those suburbs you mentioned (i.e. Toorak, Carlton...

I agree, definitely entertaining and funny considering some people are either too thick or refuse to acknowledge the simplicity and validity of my arguments. Saying that people are willing to pay $600K for a house in Werribee is choice? hahahaha...that is because Werribee offers you the most...

I think it comes down to the fact that successful people like to live/buy near other successful people. Ego-seeking, image and greed is human nature, whether we accept it or not. In fact, the accumulation of IP's, wealth generation and trying to beat the living daylights out of each other on SS...

Oh my goodness...you still don't get it? Popular choice/desirability of suburb = price of suburb fetched. Toorak is desirable, hence expensive. Werribee is not desirable, hence cheap. What more evidence/substantiation do you want? Do you actually want me to prove that Toorak is more...

Spiderman, I am sure many people on SS would admire your longevity in this forum, especially Sash who seems to infer that property investment experience and wisdom is directly related to the no. of posts one makes. However, there are quite a few fundamental flaws in your arguments...

Forumite, That is such a ridiculous question that borders on rhetoric. Even Sash and Mick would not entertain such a question, because it is plain obvious. The evidence my friend is in the price and this is directly correlated to desirability of suburbs. Mate, still can't believe you...

Mick, it has everything to do with it! Firstly, we must establish and accept (in a general sense) that the lowest socio-economic groups and the lowest tier demographics reside in Hoppers/Werribee, which are so called fringe suburbs. These areas have the highest proportion of people that live...

http://www.heraldsun.com.au/news/werribee-mum-heather-obrien-rails-against-westpac/story-e6frf7jo-1225806348870 this is what happens when you buy on the fringe. Oh, couldn't have asked for a much better title!

what? $1,600 per week rent in Toorak mansion $200 per week average Werribee house rent x 10 houses = $2,000 Hence the $400 per week difference

I generally agree with your comments Mick and it is good to see you are 'trying' to make a difference. Putting up a clean up Werribee plan is impressive, and despite my own personal opinion that it could end up as a futile exercise, I guess at the end of the day, someone out there has got to...

Getting a helping hand from parents is a moral issue, not an investment issue. One still needs to know how to utilise the money and I could have easily went and bought 2-3 Werribee houses (depending on how much they cost) but I choose not to because I felt buying a Brunswick house is a more...

hum...that is kinda weird. You'd rather invest in Werribee (and in fact buy a house there) rather than inner city, even though you admit (or imply) that it doesn't beat inner city. That is a funny investment strategy. Look, I accept the argument that buying 'cheap' gets people to achieve their...

Clearly you have missed the point all along and the crux of the argument. Just because you achieve capital growth in Werribee means nothing when we have substantiated with mathematical, anecdotal, historical, factual and psychological reasoning that the capital growth + yield in a dump like...

Sash, you seem to confuse commercial and residential markets by making that statement. As identified by Aazar in particular and several others on SS, population growth and density is not directly correlated with growth and strength of property prices in selected suburbs. This has been proven...

er...sorry to point this out to you (although it was blatantly obvious), but Deltaberry was working on the $700K figure because as identified, you using the $455K figure is not correct based on comparing properties purchased/value on different time horizons. Also, in your post, you referred to...

Yes, we have done this inner/outer debate before. Refer thread on Point Cook. As to me, well...yes, my parents did give me money. And how were they able to give me enough money to buy such a house you may ask? Well...as I said, it comes back to them investing in little shoeboxes inner city...

Your logic and way of thinking is immensely flawed. Yes, property is governed by economic forces of supply and demand, but to assume this translates to more demand in 'cheaper' suburbs given a greater % of the population are low earners and thus achieve greater property appreciation is wrong and...

No, I did not say at the moment inner city is the best investment cycle. In fact, you asking the question of my property strategy is already a contradiction because otherwise, that would have been my strategy my Pickle Pickle friend. I did not in fact assert anything. All I basically said, as...

As I have highlighted in my other posts (which I don't blame you given no one seriously goes and reads everyone's posts and I certainly don't), I recently bought a house in Brunswick, on a little patch of land with a house the size of a shoebox. 1.5 months after I purchased, the agent called me...