Not really, all the information you need to make real estate investments is pretty easy to get.
What sort of information are you after?
Sorry I don't quite understand the distinction?
Thanks for asking, Value Collector. I'm most interested in the residential sales ratio of owner-occupiers v. investors, with investors broken down to overseas and domestic. I found figures on borrowing, but would like to learn more based on sales amounts and number of units. Capital cities only would be great, or overall national figures. Household formation rates would also be good, but I'll admit I haven't dug around for those on my own yet.
I cant see any of this information useful for property investment.
property investment is all about if the number stack up, the location of the property, the infrastructure surrounding it and surrounding population.
It's hilarious to see the panic from the RE industry with regard to the new rules on foreign buying. I thought foreign buying had only a negligible impact on house prices (according to the RE industry)?
Yes, I thought it was pretty funny the way they were carrying on. If you're paying $1m for a house you're not going to say "sorry, deal's off" over $5k.
Yes, I thought it was pretty funny the way they were carrying on. If you're paying $1m for a house you're not going to say "sorry, deal's off" over $5k.
worth 10 minutes to listen to.
Sydboy, nothing to see or hear in that interview. It is all sunshine and lollipops, as a great man once said.
This bear prefers to smell the roses while they are in bloom.
just to be very sure it is irony is itSame apartment would rent for
approx $530 pw, or approx 3.4% gross returns. Not bad given what you will get with a term deposit in the banks. Property is still showing better yields than other investments and bricks and mortar are safe. lol
Sorry, did not look at all at gold coast but wondering about sunshine coast.Hi qldfrog and all other Queenslanders. Could you please state your opinion on the Gold Coast residential housing market? I mean houses only, (no units) and 1km walk to schools, shops and the beach. Is it still hot or has it cooled off a bit?
What is your opinions on this very specific market?
A parliamentary inquiry recently found there had not been a single prosecution of a foreign investor since 2006 and no divestment orders since 2007.
It seems that the measures promised in a Press Release of 24 April, 2010 by Assistant Treasurer for the Rudd Government at the time (Nick Sherry) were never implemented.
http://ministers.treasury.gov.au/Di...0/074.htm&pageID=003&min=njsa&Year=&DocType=0
http://www.afr.com/p/national/hockey_orders_sale_breach_point_4vfndyC0uTrYvcShhGyu8M
Sorry, did not look at all at gold coast but wondering about sunshine coast.
Qld is still a very sick economy but tourism might start again with lower dollar etc, and that could help both gold coast/sunshine.Could still take a while to see a reversal(economy wise)
Yet not very optimist on a full size house on the GC;
who would rent/buy it? With what jobs to pay rent/morgage?
Housing is the only sector providing employment, manufacturing, borrowings, state taxes and public housing.
Why would the Government want it to fall over?
People may want it to fall over from a personal perspective, but it is the last thing a Government with a contracting economy would want.
PPOR is different; I consider a house a home and then feelings, personal conform etc matter mostWe're also looking at houses in brissy or sunshine Coast...looks like the coast is better value...this would be a ppor...
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