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It's a good time to go shopping :)

Discussion in 'General Property Chat' started by Steven Ryan, 10th Dec, 2015.

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  1. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    What better time to pick up deals than the tail end of the year when there's a very good chance most vendors are desperate for a sale (why else do you begin a campaign at the worst time of the year to be selling?).

    Anything that went to market last weekend or is listed between now and Christmas looks particularly tasty so keep your eyes peeled.

    I've seen and heard of some very good buys this week. More to come, no doubt.
     
    Gibson, Leo2413 and Tranquilo like this.
  2. twobobsworth

    twobobsworth Well-Known Member

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    I'll wait until there are mortgagee sales and dark clouds on the front of the daily telegraph. 2 years to go.
     
    DanW, 2FAST4U, York and 6 others like this.
  3. hammer

    hammer Well-Known Member

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    I agree. At least for the next year at least...
     
  4. teetotal

    teetotal Well-Known Member

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    You mean like this ? ;)
    48 Violet Street Hemmant Qld 4174 - House for Sale #116874927 - realestate.com.au
     
  5. Nimble

    Nimble Well-Known Member

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    I got a few good deals at Dick Smith last weekend :)
     
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  6. Gibson

    Gibson Well-Known Member

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    You getting in? Received an email from an agent today regarding a discount on a 2br 2bth newish Erskineville unit.. They've had to reduce the asking price things must be getting bad as it's the first blatantly direct email I've received
     
  7. Whitecat

    Whitecat Well-Known Member

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  8. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    If I could finance deals at the moment I would have bought 2 on the weekend in Bris 5-15km radius.

    Alas, started business this year. Need FY 15/16 tax returns in before I could buy again.
     
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  9. Gibson

    Gibson Well-Known Member

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    I'm in between roles atm so there's no chance
     
  10. teetotal

    teetotal Well-Known Member

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    @Whitecat Plan for a 4-5year hold, do a decent reno and you are up for rewards;).
    Median in the area is 430-450K.
    No more land seems to be available in the area and its close to the train station + closer to jobs in lytton, morningside, murrarie, port etc.
    That is my opinion. I don't have cash:( otherwise would have started my detailed DD on the property:cool:.
     
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  11. dabbler

    dabbler Well-Known Member

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  12. teetotal

    teetotal Well-Known Member

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    That would then make the vendor more desperate ;)
     
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  13. trinity168

    trinity168 Well-Known Member

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    Slightly close to flood prone area ...


    upload_2015-12-11_9-33-38.png
     
  14. jpcashflow

    jpcashflow Well-Known Member Business Member

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    This time of the year is a very good time to buy.... I have noticed that there are allot of people who are on holiday mode already.
    Its fair to say that any one who list a property for sale now must have a strong motive to sell.
     
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  15. dabbler

    dabbler Well-Known Member

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    The vendor is not desperate, he is serious though.
     
  16. larrylarry

    larrylarry Well-Known Member

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    I'm looking at one in QLD now but I won't be able to do a trip there so if I am to make an offer it will be purely on numbers.
     
  17. teetotal

    teetotal Well-Known Member

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    its close but has managed to stay away from floods in the past (looking at QLD floodmaps).
     
  18. teetotal

    teetotal Well-Known Member

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    o_Oo_O
    its not you !!! Right ?
     
  19. See Change

    See Change Timing Lord Premium Member

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    Steve

    If you see the deal of decade in the next couple of weeks , let me know , but need a high return.

    Our Mosman units settled today and we've looking for another in Brisbane .:cool:

    Cliff
     
  20. dabbler

    dabbler Well-Known Member

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    No, but I know the full story and been through one of his others, I see you will be at the meet up, you can pick my brain then if your interested.