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  1. Rixter

    Melbourne vs Perth

    I'm all for competition because we as consumers all benefit and that's a good thing. People vote with their feet. No city can flourish if it's run as a closed shop, pardon the pun ;)
  2. Rixter

    Melbourne vs Perth

    I wasnt aware Perth had 24/7 Coles, Woolies....do they have Aldi yet? :p
  3. Rixter

    Melbourne vs Perth

    I can think of one thing Perth does, that Melbourne doesn't - Close shop at 10pm. ;)
  4. Rixter

    Melbourne vs Perth

    Thanks Jo. You just have to conduct your appropriate DD, make a decision, have faith in your decision and the courage to step out of your comfort zone to take action. The above is why it's the starting that stops most people. Mindset is the controlling factor. I hope this helps.
  5. Rixter

    Melbourne vs Perth

    Jo, I prefer to purchase Townhouses & Villas with courtyards of 30% or greater land area thereby eliminating multi story units / high rise apartments with balcony's, for several reasons. The mains ones being (in no particular order) - 1/ lower maintenance & upkeep for the tenant 2/ lower...
  6. Rixter

    Melbourne vs Perth

    Yeah there is debt, its all paid for by the tenants. The portfolio is structured for CG and as such its value far outstrips the debt. There would have to be a toxic waste dump built in the middle of the city for the supply/demand equation to affect the CG. With all the equity I sleep like a...
  7. Rixter

    Melbourne vs Perth

    Fantastic advice TB. Jo, as TB said above, what and where to buy is dependent upon your chosen investment strategy. You see property is merely the vehicle. The strategy is how you intend driving that vehicle. Unfortunately the mistake I see newbies and sometimes not so newbies is that they...
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