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Rockhampton Rents Collapsing; Oh dear! This wasn't part of the plan.
Topic Started: 23 Sep 2015, 02:31 PM (7,502 Views)
Chris
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Frank Castle
26 Sep 2015, 08:11 AM
You cant help dumb.
Even pictures wouldn't help the whole Truth The Forum Fucktard
Nah, you're title is still safe Frank no one can take it from you.

In line with that title do the maths on 30yr loan at current historic low rates on your $300-360k builds, once you have the pw amount then come back to the forum and tell everyone why anyone would pay you the same amount pw to rent the joint??

You just keep on serving up Swiss cheese in a sieve, to many holes Frank, to many holes...........
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The Whole Truth
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Give fwank a moment to photoshop up some appropriate evidence to support the unsupportable....
.........
Fwank?
..........
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Frank Castle
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Business As Usual

Chris
26 Sep 2015, 06:34 PM
In line with that title do the maths on 30yr loan at current historic low rates on your $300-360k builds, once you have the pw amount then come back to the forum and tell everyone why anyone would pay you the same amount pw to rent the joint??

They weren't $300 to $360 k builds, that what they would sell for
The build cost was $165ish as stated.

Instead of wriggling like you and your dumb mates always do why don't you look yourself.
No shortage of places on re.com for rent for similar amounts as weekly repayments - here, I'll even giive the link for you as I know you are probably to dumb to figure out how yourself.
http://www.realestate.com.au/rent/between-300-400-in-rockhampton+-+greater+region%2c+qld/list-2
Rockhampton and most regionals have always sold with a 5% yield from day 1
Sometimes better

All you have done by showing surprise at this well known and simple fact is show how utterly clueless you are.

Quote:
 
You just keep on serving up Swiss cheese in a sieve, to many holes Frank, to many holes...........

Prove it.
Thats right, you cant, because there aren't any.
Edited by Frank Castle, 27 Sep 2015, 05:33 AM.
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The Whole Truth
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Chris
26 Sep 2015, 06:34 PM


In line with that title do the maths on 30yr loan at current historic low rates on your $300-360k builds, once you have the pw amount then come back to the forum and tell everyone why anyone would pay you the same amount pw to rent the joint??
No one would or probably could. There are real problems in rocky, according to many, caused by poverty.
Anyone living there needs to put the police hotline number at the end of this story in their speed dial list. I'd go so far as to say No #1 on the list.

Frontline police give insight to Rockhampton's DV woes
May 2015

IT'S almost a miracle going to work on any given day and not being called to a domestic violence incident in Rockhampton. Frontline Rockhampton police officers yesterday gave The Morning Bulletin some insight into the region's appalling domestic violence scene, which some describe as one of the worst in the state.

The Morning Bulletin will speak to various community organisations, individuals and groups to raise awareness of domestic violence throughout the month of May. In the four years she has served in Rockhampton, Constable Natasha Millar has almost never had a day where she did not receive a call to attend a domestic violence matter. Before she was posted to Rockhampton, Const Millar was based in Bundaberg for 12 months. Domestic violence was far more prevalent in the Beef Capital than in Bundaberg, she said.

A lot of the reported incidents rendered down to alcohol and drug use, and were much more common with people from lower socio-economic backgrounds. One interesting point Const Millar made was that domestic violence matters also included relationships where there was economic and financial abuse. For example, that could be when a spouse was not providing his or her partner with money for grocery essentials. She wanted to remind residents it was also an offence to contact the police about a domestic violence incident, and not co-operate with their instructions.

Const Millar has been to several domestic violence incidents where weapons have been involved. "These matters are often fuelled by alcohol, and/or their partners are extremely intoxicated," she said. "Sometimes we do receive calls about repeat offenders and we will often get as much information as we can from our communications centre to ensure the safety of parties and our officers. "If you want to report a domestic violence incident, contact the police immediately by dialling 000.You can also contact Rockhampton Police Station on 4932 3500.

http://m.themorningbulletin.com.au/news/rockhamptons-dv-woes/2635541/


Edited by The Whole Truth, 27 Sep 2015, 09:16 AM.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Rastus2
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Rastus2
25 Sep 2015, 10:07 AM
Before ?

Posted Image
I would say the 545 property is a good litmus test for the heat of rocky market... if they dan pull that kind of money, the market is doing fine.

My parents just sold a property in Townsville... difficult to gauge if they did well as the house was old and requires a lot of work, but it has views to die for...
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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The Whole Truth
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Townsville would have to do better. It's above sea level
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Rastus2
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The Whole Truth
27 Sep 2015, 01:39 PM
Townsville would have to do better. It's above sea level

lol, yes.. this particular house has Mountain, Ocean and Island views on 1/4 acre so lots of potential... still, it has taken a hit over the last few years...
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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The Whole Truth
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1/7 of queensland budget to fight ice epidemic goes to rockhampton alone

ABOUT $870,000 will be spent rolling out drug services in Rockhampton as part of the Palaszczuk government's fight against ice in Queensland.More than $500,000 is going towards two clinical nurses and one clinical nurse consultant at the Rockhampton Hospital Emergency Department to form a Drug and Alcohol Brief Intervention Team (DABIT),

In addition to $370,000 towards clinical support, liaison and supervision to existing drug and alcohol services and mental health teams. The move is part of a $6million State Government investment, announced on Sunday, that delivers five new rehabilitation, treatment and outreach services to Rockhampton, Cooktown, Gold Coast, Charleville and Cunnamulla.
http://m.themorningbulletin.com.au/news/870k-for-ice-problem-drugs-health-hospital/2785334/



Rocky police say crystal meth is region's No.1 problem

ICE is the number one drug problem in Rockhampton.Rockhampton Criminal Investigation Bureau Detective Sergeant Nick Williams on Tuesday said police were continually dealing with matters relating to users.

http://m.themorningbulletin.com.au/news/rockhampton-police-say-crystal-meth-is-the-no1-pro/2487753/

I wonder if they pay the rent before buying their drugs?
Probably not. Probably not a good town to buy an IP in.
Edited by The Whole Truth, 29 Sep 2015, 02:15 PM.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Frank Castle
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Business As Usual

^^^ The forum fuckwit doing what it does best ^^^
Babbling on to itself like some senile 80 year old who just discovered the internet
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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Terry
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The Whole Truth
29 Sep 2015, 02:08 PM
1/7 of queensland budget to fight ice epidemic goes to rockhampton alone

ABOUT $870,000 will be spent rolling out drug services in Rockhampton as part of the Palaszczuk government's fight against ice in Queensland.More than $500,000 is going towards two clinical nurses and one clinical nurse consultant at the Rockhampton Hospital Emergency Department to form a Drug and Alcohol Brief Intervention Team (DABIT),

In addition to $370,000 towards clinical support, liaison and supervision to existing drug and alcohol services and mental health teams. The move is part of a $6million State Government investment, announced on Sunday, that delivers five new rehabilitation, treatment and outreach services to Rockhampton, Cooktown, Gold Coast, Charleville and Cunnamulla.
http://m.themorningbulletin.com.au/news/870k-for-ice-problem-drugs-health-hospital/2785334/



Rocky police say crystal meth is region's No.1 problem

ICE is the number one drug problem in Rockhampton.Rockhampton Criminal Investigation Bureau Detective Sergeant Nick Williams on Tuesday said police were continually dealing with matters relating to users.

http://m.themorningbulletin.com.au/news/rockhampton-police-say-crystal-meth-is-the-no1-pro/2487753/

I wonder if they pay the rent before buying their drugs?
Probably not. Probably not a good town to buy an IP in.
My biggest fear about these kind of places are the nutters on meth and Bundy. The meth is a scourge on the hinterland.
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