Hey ! I ressemble that remark !!! :D
Onya SC, your predictions were pretty close.
Still don't like the place for investing tho, many other areas outstripped it in the period discussed here and I still think property there may prove difficult to offload in the future.
Each to their own ;)...
Fine, i still don't understand the quote:
Time will tell with regard to Rocky.
I have a ppor but the jury is still out.
You have an IP in Rocky and one in Bundy right ?
astroboy
Sorry markpatrick, I don't understand this post, your location suggests Brisbane, are you saying your ppor is in rocky ?
See_Change, I appreciate the chat comments, I'll that as a compliment ;)
Dont worry 1%what other investors think and say
if you are happy with your own...
Janvid, you have obviously done well, from your early posts around September last year (09/2003) you were quoting:
from janvid 15% sounds like a dream. Where can you get this return? With returns like this wouldn't you have to be prepared for capital loses over time. If there was any real...
Janvid, see_change and others,
I never doubted or questioned the rental returns available in the area. No bad experiences cause I have never invested there.
Whoa, before you jump on me, I did look at the area some time ago and again not long before SC's original post and chat chats, had...
Re: when will it peak?
penny
I guess we will have to take you word on the listing price 1 yr ago for this particular property.
Asking price today is a different story. It hasn't sold yet and a sale ain't a sale, ain't a sale....The yeild sounds pretty ordinary for Rocky @ that price...
Sorry Janvid but those numbers just keep going down. See
http://www.rta.qld.gov.au/december_quarter_2003.cfm
I can understand why this is your final purchase in the area and you have decided to venture to other areas with real growth prospects.
Yield is ok, but long term,,, well...
Another Courier Mail beatup (suprise suprise) Defence Department came out with a statement that there were no plans (immediate or future) for this type of facilty at Shoalwater Bay.
Regards,
ab
Well I was *most* certainly wrong about Coomera, no doubt about that.
Am I mistaken about Rocky,,, hmmm we'll see, I still stand by convictions on that one.
And that yacht, well cat actually, is still very much on the cards.
ab
C'mon marcpatric, how long have you lived in Brisbane. Youre the only Queenslander in this thread talking up Rocky for IP investment....hmmmmm.... just starting out ?
ab
woo hooo, thats a big call markpatric. I reckon your just trying to gee up more debate on the area, if not, I reckon a wee wager could be the order of the day.
astroboy.
BTW holidays rock, 4 weeks of reeelaxing just slipped past, first time in I can't remember when. Augers well for a much...
The doomsayer remark was tongue in cheek, did you miss the smiley ?
Rocky isn't *that* big acey, and no, I never had any intention of buying there and I'm not upset in the least why would I be ?
As I said previously if you are chasing yield then no worries, each to their own I guess, I...
Gee, and I was going to let this go......
15-20K for each Rocky property eh ? When you ask the agents.....
Do you class that as your indicator ? I think I'll go with the REIQ data.
And then you have to go and put your own twist on it...
geez see_change what is it ? 5-10% increase in...
Hi see_change,
Thanks, I'm back less stressed and far more relaxed. Guess we will continue to agree to disagree on some points. :D
Thanks for the interest in regard to my other venture, it was a few months of stress and lots of effort to try and get this deal to the...
In previous cycles ROcky has moved more slowly , but given the interest in High yield properties, and the speed the previously mentioned places have moved, I expect rocky to move 30-50 % in a fairly short period of time.
Well see_change, nice attempt but I think you need a new crystal ball...
Your prelim data isn't relevant ???? We don't even know what it is.....
you agree with see_change.... is that the same poster(?) who won't reveal where the numbers came from ?
Your, (mine and the ABS and the QLD gov have it wrong) data says otherwise,,, so publish it right here right now...