Buying a block of land now to avoid paying more in the future?

[nunthewiser]

I was down looking at the Greenough River, which has broken it's banks to the ocean the other day and could not help but notice the Resort all locked up. WHAT A WASTE ! I will join your syndicate nunthewiser to purchase said property as I have very fond memories of the joint.

Seacrest. Blocks purchased for $56,000 sold 3 years later for $150,000.

Shark Bay / Denham. Bought 2 blocks for 750k onsold 10 months later for 1.26 million.

CBD Geraldton 4000m2 for $226,000 onsold for 600k.

Hot spot? What Hot spot? LMFAOOOOOOOOOO Don't get me started on Adelaide. Pffffftttttt !

yep ....... re blocks BUT they were obviously bought before the top of the mini boom up here ... geraldton and surrounds been VERY kind to me also and was fortunate to start purchasing in the area from around 2001 ...big difference ........

i heard them same returns were available pretty much ANYWHERE in oz if one entered at the right time

as i said before previous results dont mean future results ...

yep the greenough rivermouth an awesome undiscovered spot . and may it stay that way actually ........ some nice fishing about a km north of the carpark just this side of the point while the river running

 

[Aussiest]

perhaps this is a perfect piece of paradise and no other bit of dirt will do.

Ha! (love the expression)...