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Thanks Seechange very interesting. Sydney I am curious, apparently West Gosford is one of the fastest selling areas at the moment, so this market is rising? This is a very low entry level, would this be an area you would jump into in this stage of the cycle?? Perth Well I believe Perth...

Yes, definitely more auctions in Perth for those deve sites. I think auctions work well in a hot market. I am attending one in July helping my niece purchase a deve site. I will keep you all posted, an agent told me that auctions do not work in this particular area, I hope so. MTR:)

Hi JenJen Too board to lump everything in one box, there are markets within markets that are moving. I am playing in Perth and Melb and certain pockets are doing very well and continuing to rise. Yields, well that is dependent on what you are doing, as a developer there is potential to achieve...

I think anything that has development potential will provide growth. Have you looked at Hilton.... hot.. hot... hot.

Spearwood has moved too fast like most areas where there is development potential and unless you purchased 2 years ago its pretty hard to get the numbers to stack up. If you are buying to hold for long term (land bank) you will need deep pockets $650K will get you an R30/40.

South West - not sure where??? still in a world of pain from what I can see. I happened to contact the agent who sold my two properties - land and house packages in Daleyup (Bunbury) 6 years ago for around $400K. Apparently these properties are now selling for $350K. He can not move them, how...

How low can IR go??? From what I have been reading wont be any rises this year or next, drop I really don't know, perhaps to help the Aussie $ fall, as still historical high at 92-93, help manufacturers.

Are you talking inner city blue chip Melb? resi

Hi Ken Low base, low supply is good but very competitive. Settling on property this month which has low supply, not low base not Spearwood/Hammy Hill. The only way of securing a development site in this area I believe is prior to hitting the market. Interesting thing is it continues to...

With all the recent budget news, job losses etc. I wonder whether we will see changes in the property market. I certainly see this in the Perth market, certain pockets are now starting to slow down. Its not all negative, some pockets are still rising, but its time to tread lightly IMO...