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    Could another boom in WA?

    I experienced a lot on what you were saying. Recently, I tried to discharge one property --- without valuation, the bank automatically, revalued my property by 15% on their previous valuation and then apply - 75% LVR. Another one QBE - do not insure - even their own mistake. Just say sorry -...
  2. T

    Could another boom in WA?

    Good luck.
  3. T

    Could another boom in WA?

    Many factors Mate. For buyers, you got to have income to support for buying this 2bed unit for $420k; for investors, you have found the gap, apart from your wages are roaring. Last boom - low rate, easy money (no doc, low doc) and low price.
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    Could another boom in WA?

    I sold 5 of my 6. Another is on the market. But still weigh up my options. Certainly, you will not see another boom like last few years. I saw one guy bought a property for $600k in 2003, put back on market for 1.8m in 2006, 2.2m in 2007, 2.8m in 2008, now on the market for "offers" ----...
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    Could another boom in WA?

    I live not far from where you live. I did have properties in Beldon, Heathridge etc. I did enjoy the ride last few years. I was saying property price has grown 3times since 99-2000. From 1990-1999 was a flat market. One of my colleage bought a unit in Armadale for $78k after 10 years, he...
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    Could another boom in WA?

    In whatever reason, I can not see a boom. Just ask yourself, could your unit be worth $420k in 5-7 years time? You must kid yourself if you think so. If 5% growth, probably it will not be worthwile to play the game.
  7. T

    Could another boom in WA?

    http://au.news.yahoo.com/thewest/a/-/newshome/6383201/fears-of-housing-bubble-growing/ Hi, a lot of reports say another boom in property is underway in WA. Please read the link. My feet are really itchy and think of playing the game again. But from the other economic factors, I can not see...
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