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Rockhampton property market smashed; No buyers and prices plummetting
Topic Started: 24 Aug 2013, 06:41 PM (4,877 Views)
Gossamer
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I see the 'Report this post!" button is useless.
Common sense is a curse - those who have it need to suffer dealing with those who don't have it.

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Nelson
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Frank Castle
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Business As Usual

mango66
25 Aug 2013, 04:05 PM
Shit Frank Leanne would know. She looks about mid 20's. im sure her word on Rockhampton would be widely viewed as good investment advice. :lol
But Pat certainly does and if you look closely I think you can see the strings to Pats puppet.

And, she does look a bit older than her 20's in this picture

http://www.themorningbulletin.com.au/news/house-prices-set-to-grow-5-7/1899789/


Gossamer
25 Aug 2013, 04:26 PM
I see the 'Report this post!" button is useless.
At least we know for certain who the whingers on this forum are :re:
Thanks for the confirmation
Bardon
25 Aug 2013, 01:02 PM
If finance is not an issue
Get your house moved if needed, block split off, DA done and a re-val done first would be my suggestion
Edited by Frank Castle, 25 Aug 2013, 05:36 PM.
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mango66
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foxbat101
24 Aug 2013, 11:42 PM
Supply and demand.
Also, we have to look at the inflation adjusted price.
So if you have a property price rise of say 8% and inflation of say 4%.
The real increase is 4%.
But really you need to look at the price of new houses.
If we say oh look what the Mona Lisa sold for. Like 10 trillion dollars or something. I can never get a piece of art.
But if we go to the art shop and buy the paint and canvas and pay a good painter to paint us one, it would be very affordable.
Not the same but it will do.
So have house prices gone up?
Has art gone up?
Or has the art everyone wants gone up???
Has the houses everyone wants gone up.
Can we all buy in Dalkieth???
No.
If we play our cards right we may be able to get the house in Dalkieth with the Mona Lisa hanging on it.
Good luck
And keep up the fight.
Peter
:pop:

Do us all a favour Peter from Perth and go somewhere theres no internet and become peter from bumfuck.
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Bardon
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Frank Castle
25 Aug 2013, 05:33 PM

Get your house moved if needed, block split off, DA done and a re-val done first would be my suggestion


Okay so I don't need to move the house from where it is to do the keep it plan and if Id id I probably would knock it down as it has a bit of asbestos in it. So in that case just split the bock get the reval done and then the DA then?


Gossamer
25 Aug 2013, 04:26 PM
I see the 'Report this post!" button is useless.

It does work actually.

Edited by Bardon, 25 Aug 2013, 05:43 PM.
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Frank Castle
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Bardon
25 Aug 2013, 05:41 PM
So in that case just split the bock get the reval done and then the DA then?
IMHO the numbers dont stack up
$200-$230 a week for a 2 or 3 bedder?
http://www.realestate.com.au/rent/property-unit+apartment-in-kingaroy%2c+qld+4610/list-1?source=location-search
You may want to run your numbers on viability again.
Edited by Frank Castle, 25 Aug 2013, 05:46 PM.
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Bardon
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Frank Castle
25 Aug 2013, 05:45 PM
IMHO the numbers dont stack up
$200-$230 a week for a 2 or 3 bedder?


Yes thats what the other poster said. Anyway I will wait and see, worse case scenario is that I just put another house on it. Don't forget i got the land and house for next to.



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mango66
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Bardon
25 Aug 2013, 05:41 PM


Okay so I don't need to move the house from where it is to do the keep it plan and if Id id I probably would knock it down as it has a bit of asbestos in it. So in that case just split the bock get the reval done and then the DA then?




It does work actually.
Hey Bardon when you're knocking it down invite frank around and get him to breathe deeply.
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Gossamer
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Frank Castle
25 Aug 2013, 05:33 PM
At least we know for certain who the whingers on this forum are :re:
Thanks for the confirmation
It is a misleading thread title which is clearly designed to bait people and adds no value to this forum.
Common sense is a curse - those who have it need to suffer dealing with those who don't have it.

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Nelson
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Bardon
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Gossamer
25 Aug 2013, 06:49 PM
It is a misleading thread title which is clearly designed to bait people and adds no value to this forum.

I actually found it to be one of those odd posts that you get around here that interests property investors.
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Simon
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Gossamer
25 Aug 2013, 06:49 PM
It is a misleading thread title which is clearly designed to bait people and adds no value to this forum.
don't think thats against the forum rules, last time I checked them
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