The future of Australian property prices

[TimeISmoney]

Copper pipes spring leaks after they get to a certain age to, they thin and pitt over time, I think 50 to 70 years is their design life, Plastic PVC is meant to last 100 years.

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Yes, wait until the rats eat holes through it.

 

[divs4ever]

Yes, wait until the rats eat holes through it.

whoops !

we hadn't touched on that yet

those pesky rodents ( don't underestimate the mice either )

 

[Value Collector]

PVC piping gets UV damaged.

Probably, but that wouldn’t affect them in the walls and ceiling of your house would it?

 

[Value Collector]

Yes, wait until the rats eat holes through it.

Apparently they have been known to chew through metal pipe too, but maybe lay some baits If you see particularly worried.

 

[TimeISmoney]

And another one bites the dust!

‘It is what it is’: Qld cottage for sale after being trashed by tenant​

 

[Smurf1976]

What are all the black marks?

Is that paint or did someone try and set it on fire?

 

[TimeISmoney]

What are all the black marks?

Is that paint or did someone try and set it on fire?

The squiggly marks look like spray paint to me.

Just imagine being handed back something like this after you've renovated. The problem now is where did the dirty sods that did this end up?

 

[Bailxtrader]

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The squiggly marks look like spray paint to me.

Just imagine being handed back something like this after you've renovated. The problem now is where did the dirty sods that did this end up?

Poor C talk about doing a number on swell housing. There's no time for it. sorry owners needs a bit of paint...

Currupt Cops don't work. what can ya do!

 

[basilio]

There are still cheap housing options and "good news stories" of people willing to take on these options.
Anyone for a $12, 500 house in Norseman ?
Nice video.

Struggling to pay rent, Alys bought a dilapidated house in the outback for about $12,000

Struggling to pay rent in Sydney, Alys McDonough bought what she says was one of the cheapest houses in Australia. She's now back living there, with no mains power and with a bit of ceiling missing, but she says she's sorted.

www.abc.net.au

 

[basilio]

For courageous housing investors Norseman offers a few investment opportunities with a 20% ROI. I'll leave now...

https://www.domain.com.au/126-angove-street-norseman-wa-6443-2018624511

https://www.domain.com.au/103-angove-street-norseman-wa-6443-2018948487

https://www.domain.com.au/33-nulsen-street-norseman-wa-6443-2018624500

 

[sptrawler]

Not everyones cup of tea
, but good on her getting off her butt and making the best of a bad situation, rather than all the woe is me stuff.
I'd be surprised if the locals don't band together to give her a hand.

Struggling to pay rent, Alys bought a dilapidated house in the outback for about $12,000

Struggling to pay rent in Sydney, Alys McDonough bought what she says was one of the cheapest houses in Australia. She's now back living there, with no mains power and with a bit of ceiling missing, but she says she's sorted.

www.abc.net.au

 

[Bailxtrader]

Who lives on Mcdonalds and gets away with its..No thanks.

 

[Bailxtrader]

Channel 9 have an interesting out look on the future of AUS property market.

Gap between house and unit prices soars to record high

www.9news.com.au

 

[TimeISmoney]

Channel 9 have an interesting out look on the future of AUS property market.

Gap between house and unit prices soars to record high

www.9news.com.au

Apartments are problematic in Australia, all the strata laws then the dodgy builders that go insolvent due to warranty issues. Also a lot of conflict between users with common areas.

 

[Dona Ferentes]

I was looking at property over the weekend. It seems a lot of housing stock is old and 'tired' and maybe, with land values soaring, in need of renewal, to break from being undercapitalised. This is especially true inner city or fashionable suburbs such as along the coast.

At one place, a 900 sq.m. block with 1950's weatherboard on it, the agent was spruiking the already approved DA and how it could be dress circle. But sadly, I pointed out, that would then likely overcapitalise the place. (busy road, no view, too far from the beach.)

Aha, then it could be strata titled ... state gov't would love that, because there's 3 sets of stamp duty. .. 80k from this sale, and 2 x 70k from each new dwelling when they're built and sold.. He went on to say, actually, this is why they like to rezone. Good source of revenue.

 

[TimeISmoney]

Aha, then it could be strata titled ... state gov't would love that, because there's 3 sets of stamp duty. .. 80k from this sale, and 2 x 70k from each new dwelling when they're built and sold.. He went on to say, actually, this is why they like to rezone. Good source of revenue.

And multiple council rates for the same patch of land.

 

[qldfrog]

Apartments are problematic in Australia, all the strata laws then the dodgy builders that go insolvent due to warranty issues. Also a lot of conflict between users with common areas.

Body corporate fees are horrendous, comparing to US HOA, need to share decision with dimwits ,egos and pay for the privilege , never again in residential building.
I had much better experience with BC on industrial estates, professional, sensible

 

[qldfrog]

And multiple council rates for the same patch of land.

Supposedly just proportion of land value..but with special higher rate

 

[Warr87]

Body corporate fees are horrendous, comparing to US HOA, need to share decision with dimwits ,egos and pay for the privilege , never again in residential building.
I had much better experience with BC on industrial estates, professional, sensible

I've heard a lot of HoA stories. Makes me want to steer clear of strata's in Australia as I assume its pretty similar.

 

[farmerge]

Beloved Federal Leader is here in Perth spruking. Got money for an inner city squaller building of the future. Feds kicking in about 80mil and the State about 40mil
On a better note Henderson Shipyards have got some sort of contract to build boats for the Navy