![]() |
|
|
The Bar For non Automotive Related Chat |
![]() |
|
Thread Tools | Display Modes |
![]() |
#31 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 12,077
|
Quote:
|
|||
![]() |
![]() ![]() |
![]() |
#32 | |||
Whipper Snappa
Join Date: Feb 2007
Location: SA
Posts: 1,192
|
Quote:
http://silverprice.org/charts/histor...year_o_usd.png
__________________
*insert witty quote* |
|||
![]() |
![]() ![]() |
![]() |
#33 | |||
FF.Com.Au Hardcore
Join Date: Apr 2007
Location: Miranda, NSW
Posts: 6,771
|
Quote:
Provided you can demonstrate the property is your PPOR (which is pretty easy to prove d in it, had your mail sent there and had the utilities accounts in your name ) there is no requirement to hold it for a minimum of 12months.
__________________
2005 BA MK2 FPV GT - 6 SPEED MANUAL , SILHOUETTE, SWISSVAX, SUNROOF, BILSTEIN AND LOVELLS, FACTORY GENUINE 19'S, X-FORCE STAINLESS QUAD CATBACK, ADVANCE HEADERS, 200 CPSI CATS, BLUEPOWER CAI, HERROD BREATHER KIT, 4:11 DIFF RATIO, MAL WOOD OPT 3+ CLUTCH, BILLET SHIFTER, MELLINGS 10227, NOW WITH REVERSE CAMERA/SENSORS, ALPINE SPEAKERS & SUB - CUSTOM TUNED TO 275 RWKW NOW WITH A NEW ADDITION - 2017 MUSTANG V8 GT FASTBACK - , 6 SPEED AUTO IN PLATINUM WHITE, |
|||
![]() |
![]() ![]() |
![]() |
#34 | ||||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 2,021
|
Quote:
__________________
Quote:
|
||||
![]() |
![]() ![]() |
![]() |
#35 | |||
FF.Com.Au Hardcore
Join Date: Aug 2007
Location: Melbourne
Posts: 838
|
Quote:
|
|||
![]() |
![]() ![]() |
![]() |
#36 | ||
A few screw loose
Join Date: Oct 2011
Location: Melbourne
Posts: 89
|
.. I guess if you had a property bought about 10 - 15 years ago, you would have made quite a killing (as mentioned by a few of the forumers in the thread), but looking at the auction clearing rate plus the shaky economic grounds that we're experiencing now, I don't foresee the prices sky-rocketing as fast as before in alot of areas. IMHO, I still feel the general housing price in Melbourne is over-priced.. and hope it'll get back to equilibrium
|
||
![]() |
![]() ![]() |
![]() |
#37 | |||
Whipper Snappa
Join Date: Feb 2007
Location: SA
Posts: 1,192
|
Quote:
Historically it's ALWAYS been the former, with the ratio between the price of a home vs annual wages have been relatively constant throughout the 20th century. The amount of people in this country with their houses as their biggest asset is going to hit a harsh reality relatively soon. Or I'm completely wrong and I'm just fear mongering, we'll see in a few years.
__________________
*insert witty quote* |
|||
![]() |
![]() ![]() |
![]() |
#38 | |||
as in chopped
Join Date: Jun 2007
Posts: 1,991
|
Quote:
Looks like wages are set to rise then or houses are set to . . . . . . ![]()
__________________
-> Reading this signature was pointless <- |
|||
![]() |
![]() ![]() |
![]() |
#39 | ||
A few screw loose
Join Date: Oct 2011
Location: Melbourne
Posts: 89
|
.. to me, a house is an investment. even though prices may drop, but in the long term it still gives you the necessary capital gains. But of course it's always good to diversify your portfolio if the funds are available.
|
||
![]() |
![]() ![]() |
![]() |
#40 | ||
FF.Com.Au Hardcore
Join Date: Jun 2005
Posts: 5,193
|
The problem with here is people may have doubled, tripled, or even had their property go up 10 times their value but every other property has too to an extent.
So unless you sell and live in a cardboard box you have made nothing. But of course if you owned 5 or 6 properties its a different story. |
||
![]() |
![]() ![]() |
![]() |
#41 | |||
Banned
Join Date: Apr 2009
Posts: 598
|
Quote:
Or even two properties... Investment in property really only starts with the second one in my opinion. But later sell the one you live in at a profit...then move to the other one and make that your principal place for a few years. Make your investment property in the same suburb and kids go to same school etc when you move..... |
|||
![]() |
![]() ![]() |