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  1. Peter 14.7

    Melbourne Outer Suburbs - Ripple Effect

    Bendigo is busy but don't know about the market. Lot of land to grow there. I can say my homeland the "Macedon Ranges" has gone off. Based on what I saw in 2005 now on selling in 2010 almost doubled. I wish I had got in with more than PPOR (in hindsight) however rents are low. I offer...
  2. Peter 14.7

    Melbourne Outer Suburbs - Ripple Effect

    Agree, all west melb is undervalued in my opinion. I just have two homes in Melton revalued at $305k by bank form my estimate only which I got for $230k in late 2007. 3 years @ 9% growth there. And the rents cover them. Peter
  3. Peter 14.7

    Melbourne Outer Suburbs - Ripple Effect

    Dont tempt me. After my Alfa experience I am sworn off Italian Cars by the Boss!:( Peter
  4. Peter 14.7

    Melbourne Outer Suburbs - Ripple Effect

    Great Post JIT. Inner City will always do well is a recovery. My best ever deal was 70% in two years. I made an easy $240k. I got lucky, bought before the boom, did a comestic reno and sold at the top. The next buyer lost 20% in my opinion in 12 months as rates rose. West Melb has not...
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