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I understood hobo-jo who represents more than 95% of our whole population including my wife. He is complete correct in many cases. We are always seeing two groups of people who are buying houses. Group 1: They bought a house at A$635K on 2004 and spent up to $40K to build a large workshop in...

Completely agreed. If a house can be sold in the higher price, the development for more units will be more profitable. You are doing in Adelaide is what I was doing in Sydney. My Christies beach house has more than 700 square meters in the corner block. I saw someone who inspected the...

Hi, See_Change and all: Honestly, my IP knowledge is from this forum. I have no problem to share my IP details in Adelaide with everyone as well as the decisions behind it. My background: Firstly, I have 10 IPs (houses and many of them having development potential) in Sydney with heavy land...

See Change: It seems we have many actions in common. During 2008 and 2009, we were buying in Sydney when it was much cooler than today's Adelaide market. Now, one of my investment has triple its value comparing to the purchase price in 2008. The suburb I live, Westmead, has no house for sale...