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20 thousand views.... Not that I'm counting :cool: See Change

Renaeg Please note that the original post on this thread was posted in Sept 2003 While I still hold property in Rocky ( and am happy to continue to do so ) , I don't intend to buy any more properties there in this current cycle. I'm not sure what I'd do if I didn't own any investment...

Gridcap What was your IP like in terms of location and presentation? See Change

Penny, We've sold three and are still holding four. First one in november took about 5 weeks BUT we had a big fight between the tenant and agent and had major problems accessing the property. Sold on the first week there was decent access for prospective buyers. The tenant was irate that...

It's a balancing act Penny. If you look at places like Bundaberg, Historically they peak at about the same price. Although I haven't checked it out myself , I've been told that an average house in Bundy is selling for 200k , while in Rocky that's closer to 140-150. If Rocky is going to get...

Panda My interest is more in the immediate last month. The market was IMHO at it's strongest in 2003 when it jumped up a fair amount. Last year was good without going through the roof , but I just get the feeling that things have started moving strongly at the moment. See Change

Was wondering if anyone had any first hand info about what is happening in Rocky at the moment. At the moment I'm getting mixed messages from agents. Some are saying that it's steady without any significant movement, however some are much more bullish over the last month or so , quoting...

Ani The one property you saw out of our purchases ( Mary St , in "The Range " ) was the exception to our buys there. As we were buying several properties, we though it would be a good trial to buy something slightly more expensive compared with our other buys. To date this one would...

It all depends on your personal plan and preferences There are people who specifically target places like Depot Hill , and if they are aware of the profile of those areas, they can do well. HOWEVER IF ANY AREAS were to be considered as Stay away areas , then Depot hill , Lakes Creek and...

Just to reinforce the message Eiger. I finally opened the latest issue of " Australian Property Investor " . The lead article is Chasing Positive Cash Flow . and gee.... guess which are the first two places to rate a mention ... Rockhampton and Townsville :).... " For example a three...

Perhaps Eiger needs to look .. :) I'm aware of someone recently who got 11 % return on a duplex. 6 -7 % is easy, and the " Central area " , assuming you mean Rockhampton City ( Kent St etc ) is one area that some people do stay away from. The other two "stay away" areas are Lakes Creek...

I looked at Cairns , however the thing that put me off Cairns is that it is very dependant on the tourism market . At times it has low vacancies and high returns but at other times in the cycle, vacancies are relatively high. I wanted somewhere that I knew that I'd still be able to get...

My observations from when we were buying was that there wasn't a lot of money to be made in reonvations. The people who were renovating were making money because they were doing the work , and they were holding the properties for a preiod of time during which the prices had gone up anyway...

From Last Saturdays Bulletin Two articles on the realestate market " City house Prices continue to climb" The good times continue to roll for home owners in Rockhampton, with preliminary june quarter figures confirming strong demand continuing for Beef cpaital real estate ...

Not the same story but covers some of the same info http://news.com.au/common/story_page/0,4057,9565732%5E952,00.html See Change

Logan's Run ( and Rocky ) Today in the Courier Mail , under the title of ,"Property Owners gear up for Logans Run " is the the following comment about Rockhampton "But the Northern Beef Capital of Rockhampton has become the realestate Capital recordng the largest largest property value...

O2Be Free This to me emphysises the importance of timing . First house I bought in Concord West in Sydney did bugger all for the seven years I held it. Paid just over 200, Put in a reasonable amount of work and money ( not over capitalised ) and got an extra 30 k for all our trouble ( Over...

Markpatrick If you look at my original post , on the second chart , you will see that normally Rocky is more expensive than Logan. Obviously Logan is more likely to be subject to a change of "status " in the area simply because it is easy commuting to the major city in Queensland. Rocky...

Happy with progress so far. I havn't had any revals or agents opinions done re any of my purchases , however I am aware of one memeber who recently had their three IP's valued at about 50% up on purchase price. Talking to agents , prices in the lower end of the market have moved 40-50 K since...

They're a bit particular on the pronounciation of Berseker ( Burr-s-ka, emphysis on the first syllable ) in Rocky . You quickly get corrected if you get it wrong. The range of "mountains " between Rocky and the coast are the Berseker ranges, named after an original explorer or settler. It...