Very affordable - if you're willing to live on the moon ...

link

Lord Herbert wrote on Aug 3^rd, 2015 at 9:12pm:

Very affordable - if you're willing to live on the moon ... link

The Rock

The Rock is a town, with a population of 860...yep 8 6 0, in the Riverina region of southern New South Wales, Australia, in Lockhart Shire.

Now let me check its current temperature. BRB.....

It's currently -1 degrees Celsius over there.

At 3 degrees Celsius, my refrigerator is warmer.

Some might say....the right price is what some idiot is willing to pay.

The pansi theory is that if it's 25 minutes from a regional town it is far, far overpriced.

$80,000 for that place......not a cent more.

Lisa Jones wrote on Aug 4^th, 2015 at 7:12am:

It's currently -1 degrees Celsius over there. At 3 degrees Celsius, my refrigerator is warmer.

Mind you, Canberra is currently sitting at -5 degrees Celsius. Yep, you heard right. MINUS FIVE DEGREES.

Meantime,  Sydney's currently sitting at 10  degrees Celsius. Even so, our gas heater is roaring full blast here.

Sydney.

Right climate, right everything.

Ex Dame Pansi wrote on Aug 4^th, 2015 at 7:13am:

Some might say....the right price is what some idiot is willing to pay. The pansi theory is that if it's 25 minutes from a regional town it is far, far overpriced. $80,000 for that place......not a cent more.

80K????

I would not pay 1 dollar.

http://mobile.abc.net.au/news/2015-08-03/home-prices-melbourne-and-sydney-lead-gains/6667236

Home prices surge, Melbourne and Sydney lead gains again.

IMO, Melbourne is the only other place worth buying into.

ladies! LADIES! Please stop your bickering!

I should have said (I apologise) - I was thinking in terms of Aged Pensioners buying and moving in to living in these properties. Some of them look really good.

Sell up your Sydney home - buy one of the better places 'down there' - and be left with a tidy nest-egg to go on annual overseas trips with.

Lisa Jones wrote on Aug 4^th, 2015 at 7:21am:

Lisa Jones wrote on Aug 4th, 2015 at 7:12am: It's currently -1 degrees Celsius over there. At 3 degrees Celsius, my refrigerator is warmer. Mind you, Canberra is currently sitting at -5 degrees Celsius. Yep, you heard right. MINUS FIVE DEGREES. Meantime,  Sydney's currently sitting at 10  degrees Celsius. Even so, our gas heater is roaring full blast here. Sydney. Right climate, right everything.

We're at 4 degrees in Melbourne right now - same temperature as my fridge.

Lord Herbert wrote on Aug 4^th, 2015 at 7:50am:

ladies! LADIES! Please stop your bickering! I should have said (I apologise) - I was thinking in terms of Aged Pensioners buying and moving in to living in these properties. Some of them look really good. Sell up your Sydney home - buy one of the better places 'down there' - and be left with a tidy nest-egg to go on annual overseas trips with.

I'm not bickering. I don't think Pansi is either.

And your advice/thought/idea is not well thought out.

The older you get, the more reliant you are on formal and informal support networks....and a decent climate. I've never ever heard an older person say that they love the cold. It's always the opposite. They yearn for warm weather for health reasons. And, as they're on fixed incomes, they're forever watching the cost of utilities etc.

It's impt that such people stay put ie near people, hospitals, community facilities, family, friends etc.

IMO, they should not sell up and move somewhere remote, lonely AND COLDDDDDD.

If they do so, chances are they won't cope for long -----> it's nursing home time.

Bobby. wrote on Aug 4^th, 2015 at 7:55am:

Lisa Jones wrote on Aug 4th, 2015 at 7:21am: Lisa Jones wrote on Aug 4th, 2015 at 7:12am: It's currently -1 degrees Celsius over there. At 3 degrees Celsius, my refrigerator is warmer. Mind you, Canberra is currently sitting at -5 degrees Celsius. Yep, you heard right. MINUS FIVE DEGREES. Meantime,  Sydney's currently sitting at 10  degrees Celsius. Even so, our gas heater is roaring full blast here. Sydney. Right climate, right everything. We're at 4 degrees in Melbourne right now - same temperature as my fridge.

Melbourne's further down....not far from Antarctica lol.

Sorry, I could never live there.

Also, our family/friends/work are Sydney based .. all except for two 1st cousins who married into Italian families based in Melbourne. They usually do all the flying into/out of Melbourne.

Lord Herbert wrote on Aug 4^th, 2015 at 7:50am:

ladies! LADIES! Please stop your bickering! I should have said (I apologise) - I was thinking in terms of Aged Pensioners buying and moving in to living in these properties. Some of them look really good. Sell up your Sydney home - buy one of the better places 'down there' - and be left with a tidy nest-egg to go on annual overseas trips with.

great idea ... you buy where you can afford, not where you can't. If I were retired I'd move there in a heart beat.

John Smith wrote on Aug 4^th, 2015 at 8:35am:

Lord Herbert wrote on Aug 4th, 2015 at 7:50am: ladies! LADIES! Please stop your bickering! I should have said (I apologise) - I was thinking in terms of Aged Pensioners buying and moving in to living in these properties. Some of them look really good. Sell up your Sydney home - buy one of the better places 'down there' - and be left with a tidy nest-egg to go on annual overseas trips with. great idea ... you buy where you can afford, not where you can't. If I were retired I'd move there in a heart beat.

Oh, so you ARE alive John. That's nice.

John Smith wrote on Aug 4^th, 2015 at 8:35am:

great idea ... you buy where you can afford, not where you can't. If I were retired I'd move there in a heart beat.

Unfortunately Lisa knocked the idea on the head - she made too much good sense when explaining the 'cons'.

:-[

So I'll just stay here in the Concrete Jungle of Sydney where the crematoriums aren't too far away for when I finally kick the bucket ..

Lord Herbert wrote on Aug 4^th, 2015 at 8:56am:

John Smith wrote on Aug 4th, 2015 at 8:35am: great idea ... you buy where you can afford, not where you can't. If I were retired I'd move there in a heart beat. Unfortunately Lisa knocked the idea on the head - she made too much good sense when explaining the 'cons'. :-[ So I'll just stay here in the Concrete Jungle of Sydney where the crematoriums aren't too far away for when I finally kick the bucket ..

Seriously, just stay put.

Sydney's climate is mild compared to these other cheaper areas. Also, you're close to everyone/everything, should anything untoward happen.  IMO, you've got it made Herb.

I think the people are cuter and nicer outside of the big smoke...who wants to live in a ants nest.which is what cities are becoming.

cods wrote on Aug 4^th, 2015 at 9:40am:

I think the people are cuter and nicer outside of the big smoke...who wants to live in a ants nest.which is what cities are becoming.

Yes I'm nice and cute and I don't live in the big smoke.

We're chillaxed up here, warm climate, beaches, fresh roadside fruit and veges and road kill, we don't pick up the cane toads though.... and Aldi lol!!!

Ex Dame Pansi wrote on Aug 4^th, 2015 at 10:02am:

We're chillaxed up here, warm climate, beaches, fresh roadside fruit and veges and road kill, we don't pick up the cane toads though.... and Aldi lol!!!

How did they get all that in the asylum?  :o

Lisa Jones wrote on Aug 4^th, 2015 at 9:27am:

Lord Herbert wrote on Aug 4th, 2015 at 8:56am: John Smith wrote on Aug 4th, 2015 at 8:35am: great idea ... you buy where you can afford, not where you can't. If I were retired I'd move there in a heart beat. Unfortunately Lisa knocked the idea on the head - she made too much good sense when explaining the 'cons'. :-[ So I'll just stay here in the Concrete Jungle of Sydney where the crematoriums aren't too far away for when I finally kick the bucket .. Seriously, just stay put. Sydney's climate is mild compared to these other cheaper areas. Also, you're close to everyone/everything, should anything untoward happen.  IMO, you've got it made Herb.

Ta very mooch, Lisa - but I live in something of a shack here, and if I sold my place I could afford a really respectable-looking place down there.

Lord Herbert wrote on Aug 4^th, 2015 at 8:56am:

John Smith wrote on Aug 4th, 2015 at 8:35am: great idea ... you buy where you can afford, not where you can't. If I were retired I'd move there in a heart beat. Unfortunately Lisa knocked the idea on the head - she made too much good sense when explaining the 'cons'. :-[ So I'll just stay here in the Concrete Jungle of Sydney where the crematoriums aren't too far away for when I finally kick the bucket ..

so don't pick that town ... pick a town with a regional hospital nearby, a bowling club and a brothel ... what more do you need? Houses are still much cheaper than in Sydney

John Smith wrote on Aug 4^th, 2015 at 12:53pm:

so don't pick that town ... pick a town with a regional hospital nearby, a bowling club and a brothel ... what more do you need? Houses are still much cheaper than in Sydney

I've decided to marry a rich widow on the North Shore instead -- with a view of the sea ... and with a hospital nearby, and a bowling club, and a brothel ... what more would I need?  8-) :P

Somewhere near Cronulla beach so I can take part in the next riot ...  :)

http://www.allhomes.com.au/ah/act/sale-residential

Neferti wrote on Aug 4^th, 2015 at 2:11pm:

http://www.allhomes.com.au/ah/act/sale-residential

Why are they so shy about letting us know what the price is?

Question: What is the price, please? D'ur.

(You're not a North Shore widow are you Neferti? I won't 'wander' I promise. And you can help repair my PC when it crashes)  8-)

She'd have a full time job with that offer Sensei!   :D :D ;D ;D :D :D ;D ;D :D :D ;D ;D

Lord Herbert wrote on Aug 4^th, 2015 at 3:19pm:

Neferti wrote on Aug 4th, 2015 at 2:11pm: http://www.allhomes.com.au/ah/act/sale-residential Why are they so shy about letting us know what the price is? Question: What is the price, please? D'ur. (You're not a North Shore widow are you Neferti? I won't 'wander' I promise. And you can help repair my PC when it crashes)  8-)

Cause it's up for Auction  :D :D :D ... the bidders will determine the price.

innocentbystander. wrote on Aug 4^th, 2015 at 10:16am:

Ex Dame Pansi wrote on Aug 4th, 2015 at 10:02am: We're chillaxed up here, warm climate, beaches, fresh roadside fruit and veges and road kill, we don't pick up the cane toads though.... and Aldi lol!!! How did they get all that in the asylum?  :o

You are obviously in the wrong asylum, but that's typical of you......everything about you is wrong.

John Smith wrote on Aug 4^th, 2015 at 4:55pm:

Lord Herbert wrote on Aug 4th, 2015 at 3:19pm: Neferti wrote on Aug 4th, 2015 at 2:11pm: http://www.allhomes.com.au/ah/act/sale-residential Why are they so shy about letting us know what the price is? Question: What is the price, please? D'ur. (You're not a North Shore widow are you Neferti? I won't 'wander' I promise. And you can help repair my PC when it crashes)  8-) Cause it's up for Auction  :D :D :D ... the bidders will determine the price.

So what's the reserve price? D'uuuuuurr.

Lord Herbert wrote on Aug 4^th, 2015 at 6:22pm:

John Smith wrote on Aug 4th, 2015 at 4:55pm: Lord Herbert wrote on Aug 4th, 2015 at 3:19pm: Neferti wrote on Aug 4th, 2015 at 2:11pm: http://www.allhomes.com.au/ah/act/sale-residential Why are they so shy about letting us know what the price is? Question: What is the price, please? D'ur. (You're not a North Shore widow are you Neferti? I won't 'wander' I promise. And you can help repair my PC when it crashes)  8-) Cause it's up for Auction  :D :D :D ... the bidders will determine the price. So what's the reserve price? D'uuuuuurr.

Ummmm, Herb, you clearly don't know much about auctions and how they work.

The reserve price eh?

Lord Herbert wrote on Aug 4^th, 2015 at 6:22pm:

John Smith wrote on Aug 4th, 2015 at 4:55pm: Lord Herbert wrote on Aug 4th, 2015 at 3:19pm: Neferti wrote on Aug 4th, 2015 at 2:11pm: http://www.allhomes.com.au/ah/act/sale-residential Why are they so shy about letting us know what the price is? Question: What is the price, please? D'ur. (You're not a North Shore widow are you Neferti? I won't 'wander' I promise. And you can help repair my PC when it crashes)  8-) Cause it's up for Auction  :D :D :D ... the bidders will determine the price. So what's the reserve price? D'uuuuuurr.

they don't know that ... the seller isn't required to reveal that until Auction day, and only then to the auctioneer .... sales agents don't know what it is (it's actually illegal for the auctioneer to reveal it to anyone until it reaches the price). At best they can give you a guide as to what they think it will be worth.

John Smith wrote on Aug 4^th, 2015 at 6:27pm:

Lord Herbert wrote on Aug 4th, 2015 at 6:22pm: John Smith wrote on Aug 4th, 2015 at 4:55pm: Lord Herbert wrote on Aug 4th, 2015 at 3:19pm: Neferti wrote on Aug 4th, 2015 at 2:11pm: http://www.allhomes.com.au/ah/act/sale-residential Why are they so shy about letting us know what the price is? Question: What is the price, please? D'ur. (You're not a North Shore widow are you Neferti? I won't 'wander' I promise. And you can help repair my PC when it crashes)  8-) Cause it's up for Auction  :D :D :D ... the bidders will determine the price. So what's the reserve price? D'uuuuuurr. they don't know that ... the seller isn't required to reveal that until Auction day, and only then to the auctioneer .... sales agents don't know what it is (it's actually illegal for the auctioneer to reveal it to anyone until it reaches the price). At best they can give you a guide as to what they think it will be worth.

Real Estate 101  ::)

Lisa Jones wrote on Aug 4^th, 2015 at 6:30pm:

Real Estate 101  Roll Eyes

can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is

John Smith wrote on Aug 4^th, 2015 at 6:35pm:

Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  Roll Eyes can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is

Oh sigh.

Here we go again.

John, the selling agent DOES KNOW the reserve price. In fact the reserve price has to be in writing.

The selling agent needs to communicate the reserve price to the Auctioneer who will use it to guide the auction.

Once the reserve price has been reached, the Auctioneer will know that the house is being sold that day. 

Thus the Auctioneer will then make the announcement to all bidders THIS PROPERTY IS ON THE MARKET. That announcement lets every bidder know that the auction is close to the end. As such, they need to get their final bids in.

::)

I attended my 1st auction at age 18.

I bought my 1st property a yr later....at auction.

I've attended heaps of auctions since then.

I recently sold one of my properties....at auction.

They're nerve wracking...but I love the adrenalin rush :)

Anyway....

Lisa Jones wrote on Aug 4^th, 2015 at 6:46pm:

John Smith wrote on Aug 4th, 2015 at 6:35pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  Roll Eyes can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is Oh sigh. Here we go again. John, the selling agent DOES KNOW the reserve price. In fact the reserve price has to be in writing. The selling agent needs to communicate the reserve price to the Auctioneer who will use it to guide the auction. Once the reserve price has been reached, the Auctioneer will know that the house is being sold that day.  Thus the Auctioneer will then make the announcement to all bidders THIS PROPERTY IS ON THE MARKET. That announcement lets every bidder know that the auction is close to the end. As such, they need to get their final bids in. ::)

Must work differently in NSW Lisa because in Qld, only the auctioneer knows the reserve.

John Smith wrote on Aug 4^th, 2015 at 7:07pm:

Lisa Jones wrote on Aug 4th, 2015 at 6:46pm: John Smith wrote on Aug 4th, 2015 at 6:35pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  Roll Eyes can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is Oh sigh. Here we go again. John, the selling agent DOES KNOW the reserve price. In fact the reserve price has to be in writing. The selling agent needs to communicate the reserve price to the Auctioneer who will use it to guide the auction. Once the reserve price has been reached, the Auctioneer will know that the house is being sold that day.  Thus the Auctioneer will then make the announcement to all bidders THIS PROPERTY IS ON THE MARKET. That announcement lets every bidder know that the auction is close to the end. As such, they need to get their final bids in. ::) Must work differently in NSW Lisa because in Qld, only the auctioneer knows the reserve.

Ummmm...maybe.

In NSW they work together.

Lisa Jones wrote on Aug 4^th, 2015 at 7:11pm:

In NSW they work together.

Officially, the Auctioneer is not allowed to tell the agent the reserve ... unofficially, a decent agent knows beforehand what the client expects to get.

John Smith wrote on Aug 4^th, 2015 at 7:07pm:

Lisa Jones wrote on Aug 4th, 2015 at 6:46pm: John Smith wrote on Aug 4th, 2015 at 6:35pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  Roll Eyes can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is Oh sigh. Here we go again. John, the selling agent DOES KNOW the reserve price. In fact the reserve price has to be in writing. The selling agent needs to communicate the reserve price to the Auctioneer who will use it to guide the auction. Once the reserve price has been reached, the Auctioneer will know that the house is being sold that day.  Thus the Auctioneer will then make the announcement to all bidders THIS PROPERTY IS ON THE MARKET. That announcement lets every bidder know that the auction is close to the end. As such, they need to get their final bids in. ::) Must work differently in NSW Lisa because in Qld, only the auctioneer knows the reserve.

In both States, the requirement is that the agent must be informed (by the vendor) of the reserve in writing before the auction.

Aussie wrote on Aug 4^th, 2015 at 7:14pm:

John Smith wrote on Aug 4th, 2015 at 7:07pm: Lisa Jones wrote on Aug 4th, 2015 at 6:46pm: John Smith wrote on Aug 4th, 2015 at 6:35pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  Roll Eyes can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is Oh sigh. Here we go again. John, the selling agent DOES KNOW the reserve price. In fact the reserve price has to be in writing. The selling agent needs to communicate the reserve price to the Auctioneer who will use it to guide the auction. Once the reserve price has been reached, the Auctioneer will know that the house is being sold that day.  Thus the Auctioneer will then make the announcement to all bidders THIS PROPERTY IS ON THE MARKET. That announcement lets every bidder know that the auction is close to the end. As such, they need to get their final bids in. ::) Must work differently in NSW Lisa because in Qld, only the auctioneer knows the reserve. In both States, the requirement is that the agent must be informed (by the vendor) of the reserve in writing before the auction.

rubbish

John Smith wrote on Aug 4^th, 2015 at 7:15pm:

Aussie wrote on Aug 4th, 2015 at 7:14pm: John Smith wrote on Aug 4th, 2015 at 7:07pm: Lisa Jones wrote on Aug 4th, 2015 at 6:46pm: John Smith wrote on Aug 4th, 2015 at 6:35pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  Roll Eyes can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is Oh sigh. Here we go again. John, the selling agent DOES KNOW the reserve price. In fact the reserve price has to be in writing. The selling agent needs to communicate the reserve price to the Auctioneer who will use it to guide the auction. Once the reserve price has been reached, the Auctioneer will know that the house is being sold that day.  Thus the Auctioneer will then make the announcement to all bidders THIS PROPERTY IS ON THE MARKET. That announcement lets every bidder know that the auction is close to the end. As such, they need to get their final bids in. ::) Must work differently in NSW Lisa because in Qld, only the auctioneer knows the reserve. In both States, the requirement is that the agent must be informed (by the vendor) of the reserve in writing before the auction. rubbish

Okay, produce the section of the Act.

Here it is Mr Smith.



Quote:

214      Auctioneer not to disclose reserve or other price (1)    This section applies if resident ial property is to be, may be or is being, offered for sale by auction (offered property). (2)    The auctioneer must not disclose to a person other than a person acting for the seller in relation to the sale— (a)     the reserve price set for the offered property; or (b)     an amount the auctioneer considers is a price likely to result in a successful or acceptable bid for the offered property; or (c)     a price guide for the offered property. Maximum penalty—540 penalty units

See the highlighted words?

Aussie wrote on Aug 4^th, 2015 at 7:44pm:

Here it is Mr Smith. Quote: 214      Auctioneer not to disclose reserve or other price (1)    This section applies if resident ial property is to be, may be or is being, offered for sale by auction (offered property). (2)    The auctioneer must not disclose to a person other than a person acting for the seller in relation to the sale— (a)     the reserve price set for the offered property; or (b)     an amount the auctioneer considers is a price likely to result in a successful or acceptable bid for the offered property; or (c)     a price guide for the offered property. Maximum penalty—540 penalty units See the highlighted words?

have you got a link to that 'act' Aussie?

Lisa Jones wrote on Aug 4^th, 2015 at 6:30pm:

Real Estate 101  ::)

I've only got to page 100 so far.  :P

John Smith wrote on Aug 4^th, 2015 at 7:50pm:

Aussie wrote on Aug 4th, 2015 at 7:44pm: Here it is Mr Smith. Quote: 214      Auctioneer not to disclose reserve or other price (1)    This section applies if resident ial property is to be, may be or is being, offered for sale by auction (offered property). (2)    The auctioneer must not disclose to a person other than a person acting for the seller in relation to the sale— (a)     the reserve price set for the offered property; or (b)     an amount the auctioneer considers is a price likely to result in a successful or acceptable bid for the offered property; or (c)     a price guide for the offered property. Maximum penalty—540 penalty units See the highlighted words? have you got a link to that 'act' Aussie?

Link.

Aussie wrote on Aug 4^th, 2015 at 7:53pm:

John Smith wrote on Aug 4th, 2015 at 7:50pm: Aussie wrote on Aug 4th, 2015 at 7:44pm: Here it is Mr Smith. Quote: 214      Auctioneer not to disclose reserve or other price (1)    This section applies if resident ial property is to be, may be or is being, offered for sale by auction (offered property). (2)    The auctioneer must not disclose to a person other than a person acting for the seller in relation to the sale— (a)     the reserve price set for the offered property; or (b)     an amount the auctioneer considers is a price likely to result in a successful or acceptable bid for the offered property; or (c)     a price guide for the offered property. Maximum penalty—540 penalty units See the highlighted words? have you got a link to that 'act' Aussie? Link.

changed slightly since the PAMDA Act, but the end result is the same ... the agent is still not allowed to tell bidders the reserve

216 Real estate agent not to disclose reserve or other price
(1) This section applies if residential property is to be, may be or
is being, offered for sale, whether or not by auction (offered
property).
(2) If the offered property is to be, may be or is being offered for
sale by auction, the real estate agent must not disclose to a
person other than a person acting for the seller in relation to
the sale—
(a) the reserve price set for the offered property; or
(b) an amount the real estate agent considers is a price
likely to result in a successful or acceptable bid for the
offered property; or
(c) a price guide for the offered property.
Maximum penalty—540 penalty units.

John Smith wrote on Aug 4^th, 2015 at 8:01pm:

Aussie wrote on Aug 4th, 2015 at 7:53pm: John Smith wrote on Aug 4th, 2015 at 7:50pm: Aussie wrote on Aug 4th, 2015 at 7:44pm: Here it is Mr Smith. Quote: 214      Auctioneer not to disclose reserve or other price (1)    This section applies if resident ial property is to be, may be or is being, offered for sale by auction (offered property). (2)    The auctioneer must not disclose to a person other than a person acting for the seller in relation to the sale— (a)     the reserve price set for the offered property; or (b)     an amount the auctioneer considers is a price likely to result in a successful or acceptable bid for the offered property; or (c)     a price guide for the offered property. Maximum penalty—540 penalty units See the highlighted words? have you got a link to that 'act' Aussie? Link. changed slightly since the PAMDA Act, but the end result is the same ... the agent is still not allowed to tell bidders the reserve 216 Real estate agent not to disclose reserve or other price (1) This section applies if residential property is to be, may be or is being, offered for sale, whether or not by auction (offered property). (2) If the offered property is to be, may be or is being offered for sale by auction, the real estate agent must not disclose to a person other than a person acting for the seller in relation to the sale— (a) the reserve price set for the offered property; or (b) an amount the real estate agent considers is a price likely to result in a successful or acceptable bid for the offered property; or (c) a price guide for the offered property. Maximum penalty—540 penalty units.

Come on Mr Smith.  Your point was..........


Quote:

Must work differently in NSW Lisa because in Qld, only the auctioneer knows the reserve.

How about a simple......"Sorry Aussie, I ferked up?"

Too hard?

Aussie wrote on Aug 4^th, 2015 at 8:04pm:

How about a simple......"Sorry Aussie, I ferked up?"

why the bugger would I apologise to you? my comment wasn't directed at you ... if you want to get involved in other peoples discussions that' your problem

John Smith wrote on Aug 4^th, 2015 at 8:06pm:

Aussie wrote on Aug 4th, 2015 at 8:04pm: How about a simple......"Sorry Aussie, I ferked up?" why the bugger would I apologise to you? my comment wasn't directed at you ... if you want to get involved in other peoples discussions that' your problem

So! - apologise to me then.

Lord Herbert wrote on Aug 4^th, 2015 at 7:50am:

ladies! LADIES! Please stop your bickering! I should have said (I apologise) - I was thinking in terms of Aged Pensioners buying and moving in to living in these properties. Some of them look really good. Sell up your Sydney home - buy one of the better places 'down there' - and be left with a tidy nest-egg to go on annual overseas trips with.

Yes sell and move into something cheaper; but you'll probably lose half of the age pension, due to the means test of the pension.
What the government should do, abolish the means test of the pension, abolish all tax concessions for super, and there would many half empty houses for sale.
But will they do? Fat chance, the banks, super industry advisers, Unions have all their noses in the super trough, and the house prices owned by the pollies may also drop.

Lord Herbert wrote on Aug 4^th, 2015 at 8:15pm:

John Smith wrote on Aug 4th, 2015 at 8:06pm: Aussie wrote on Aug 4th, 2015 at 8:04pm: How about a simple......"Sorry Aussie, I ferked up?" why the bugger would I apologise to you? my comment wasn't directed at you ... if you want to get involved in other peoples discussions that' your problem So! - apologise to me then.

Only after you apologise to Bindi!

Lord Herbert wrote on Aug 4^th, 2015 at 7:51pm:

Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  ::) I've only got to page 100 so far.  :P

Ahh well...we all have to start somewhere.

Please realize that I'm more than happy to share what I know.

Be careful though, I can talk real estate 24/7 with the utmost ease lol  :P

Lord Herbert wrote on Aug 4^th, 2015 at 8:15pm:

John Smith wrote on Aug 4th, 2015 at 8:06pm: Aussie wrote on Aug 4th, 2015 at 8:04pm: How about a simple......"Sorry Aussie, I ferked up?" why the bugger would I apologise to you? my comment wasn't directed at you ... if you want to get involved in other peoples discussions that' your problem So! - apologise to me then.

I'll apologise to you if John apologises to me. That then leaves you to apologise to Aussie after which Aussie apologises to John.

That way everyone apologises AND receives an apology.  :P

John Smith wrote on Aug 4^th, 2015 at 8:06pm:

Aussie wrote on Aug 4th, 2015 at 8:04pm: How about a simple......"Sorry Aussie, I ferked up?" why the bugger would I apologise to you? my comment wasn't directed at you ... if you want to get involved in other peoples discussions that' your problem

Nyuk nyuk.  You were proven wrong in your own area of alleged knowledge.  I've been retired from Law for in excess of ten years, yet I am more up to date generally than you.  Sucks, doesn't it, John.

'Miam miam.'

John Smith wrote on Aug 4^th, 2015 at 7:15pm:

Aussie wrote on Aug 4th, 2015 at 7:14pm: John Smith wrote on Aug 4th, 2015 at 7:07pm: Lisa Jones wrote on Aug 4th, 2015 at 6:46pm: John Smith wrote on Aug 4th, 2015 at 6:35pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  Roll Eyes can't blame Herb for not knowing that .... most members of the public think agents know what the reserve is Oh sigh. Here we go again. John, the selling agent DOES KNOW the reserve price. In fact the reserve price has to be in writing. The selling agent needs to communicate the reserve price to the Auctioneer who will use it to guide the auction. Once the reserve price has been reached, the Auctioneer will know that the house is being sold that day.  Thus the Auctioneer will then make the announcement to all bidders THIS PROPERTY IS ON THE MARKET. That announcement lets every bidder know that the auction is close to the end. As such, they need to get their final bids in. ::) Must work differently in NSW Lisa because in Qld, only the auctioneer knows the reserve. In both States, the requirement is that the agent must be informed (by the vendor) of the reserve in writing before the auction. rubbish

Just looked through the Act.

It's the same as NSW John.

Anyway.....

Aussie wrote on Aug 4^th, 2015 at 8:27pm:

John Smith wrote on Aug 4th, 2015 at 8:06pm: Aussie wrote on Aug 4th, 2015 at 8:04pm: How about a simple......"Sorry Aussie, I ferked up?" why the bugger would I apologise to you? my comment wasn't directed at you ... if you want to get involved in other peoples discussions that' your problem Nyuk nyuk.  You were proven wrong in your own area of alleged knowledge.  I've been retired from Law for in excess of ten years, yet I am more up to date generally than you.  Sucks, doesn't it, John. 'Miam miam.'

Oh for Christ's sake Aussie, I know more than you in this area....and you're my parent's age.

So bloody what?

Can't we just share info?

Aussie wrote on Aug 4^th, 2015 at 8:27pm:

John Smith wrote on Aug 4th, 2015 at 8:06pm: Aussie wrote on Aug 4th, 2015 at 8:04pm: How about a simple......"Sorry Aussie, I ferked up?" why the bugger would I apologise to you? my comment wasn't directed at you ... if you want to get involved in other peoples discussions that' your problem Nyuk nyuk.  You were proven wrong in your own area of alleged knowledge.  I've been retired from Law for in excess of ten years, yet I am more up to date generally than you.  Sucks, doesn't it, John. 'Miam miam.'

my own area of 'knowledge'? how so dopey? I've only ever attended one auction in my life ... I don't generally have anything to do with them.

And I still got it right ... you want to be a pendatic dick that's your prerogative, ... usually you're just a dick and pendantry has nothing to do with it.

the end result of my comment doesn't change.. that is, that no one is allowed to tell the buyers the reserve price.

Nothing 'pedantic' about it.  This started with you telling us:


Quote:

...in Qld, only the auctioneer knows the reserve.

I've shown you where you were incorrect, in the face of your 'rubbish' comment.

Not to worry, Mr Smith, it's all water off the back of this black duck.  OzPol is not where anyone ought seek personal vindication, let alone validation.  I certainly don't, and I'm pretty sure you have no need either.  Just go with the flow, and let it go.  I will.  Cheers.

Aussie wrote on Aug 4^th, 2015 at 9:42pm:

Nothing 'pedantic' about it.  This started with you telling us: Quote: ...in Qld, only the auctioneer knows the reserve. I've shown you where you were incorrect, in the face of your 'rubbish' comment. Not to worry, Mr Smith, it's all water off the back of this black duck.  OzPol is not where anyone ought seek personal vindication, let alone validation.  I certainly don't, and I'm pretty sure you have no need either.  Just go with the flow, and let it go.  I will.  Cheers.

you're not a duck aussie, more a goose.

If I wanted your opinion I would have asked the brick wall

Aussie wrote on Aug 4^th, 2015 at 9:42pm:

Not to worry, Mr Smith, it's all water off the back of this black duck.  OzPol is not where anyone ought seek personal vindication, let alone validation.  I certainly don't, and I'm pretty sure you have no need either.  Just go with the flow, and let it go.  I will.  Cheers.

Now that comment made me smile.

Sharing info, experiences etc teaches us so much about ourselves and each other. We can't always be right about everything. 

In this case, I think John got it wrong.

Does this mean that I no longer regard him as one of my fav OzPol posters? Of course not!

Crikey....

Lisa Jones wrote on Aug 4^th, 2015 at 8:22pm:

Lord Herbert wrote on Aug 4th, 2015 at 7:51pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  ::) I've only got to page 100 so far.  :P Ahh well...we all have to start somewhere. Please realize that I'm more than happy to share what I know. Be careful though, I can talk real estate 24/7 with the utmost ease lol  :P

Well Herb, you got a question for me lol ?

I'm ready when you are :P

Lisa Jones wrote on Aug 5^th, 2015 at 8:04am:

Lisa Jones wrote on Aug 4th, 2015 at 8:22pm: Lord Herbert wrote on Aug 4th, 2015 at 7:51pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  ::) I've only got to page 100 so far.  :P Ahh well...we all have to start somewhere. Please realize that I'm more than happy to share what I know. Be careful though, I can talk real estate 24/7 with the utmost ease lol  :P Well Herb, you got a question for me lol ? I'm ready when you are :P

No questions at this time, m'dear ... but what I have been observing in my general locality for the past 25 years has been the horror of nice quarter-acre residential properties being snapped up by greedy developers and turned into squat, ugly 'villa's compressed together like beehives on a honey farm, with no greenery, but only echo-y concrete and a soulless atmosphere ... and needless to say ... ALWAYS becoming occupied by an endless stream of Pacific Islanders and sundry other Third Worlders who neither look like Australians or think like Australians.

Lord Herbert wrote on Aug 5^th, 2015 at 9:03am:

Lisa Jones wrote on Aug 5th, 2015 at 8:04am: Lisa Jones wrote on Aug 4th, 2015 at 8:22pm: Lord Herbert wrote on Aug 4th, 2015 at 7:51pm: Lisa Jones wrote on Aug 4th, 2015 at 6:30pm: Real Estate 101  ::) I've only got to page 100 so far.  :P Ahh well...we all have to start somewhere. Please realize that I'm more than happy to share what I know. Be careful though, I can talk real estate 24/7 with the utmost ease lol  :P Well Herb, you got a question for me lol ? I'm ready when you are :P No questions at this time, m'dear ... but what I have been observing in my general locality for the past 25 years has been the horror of nice quarter-acre residential properties being snapped up by greedy developers and turned into squat, ugly 'villa's compressed together like beehives on a honey farm, with no greenery, but only echo-y concrete and a soulless atmosphere ... and needless to say ... ALWAYS becoming occupied by an endless stream of Pacific Islanders and sundry other Third Worlders who neither look like Australians or think like Australians.

Ahh yes....you've just described progress.

I don't like it much either.

Lisa Jones wrote on Aug 5^th, 2015 at 9:31am:

Ahh yes....you've just described progress. I don't like it much either.

We used to be able to walk around the neighbourhood and enjoy the flowers and bushes in neat white-picket-fenced front yards - but no more. And what were once wide streets are now dangerously narrow due to all the cars that now park nose-to-tail on either side.

And this is just the beginning.

In 20 years from now these will all be demolished to make way for high-rise 'residentials' that will look like prison blocks for hardened criminals.

And THAT's when the Negroes, the Pacific Islanders, and the Muslims will move in in large numbers to create the sort of No-Go ghettoes that now surround Paris.

The main reason for high Real Estate prices in Sydney and Melbourne are buyers from China who invest money baying properties and agricultural land in Aussie-land.
This is something normal considering that Chinese are full of money and perform walking, walking instead talking, talking.
Very soon Australia is going to be sold out buy Britain to China.
After all Aussies better for you to be part of China than a British colony, we will allow you to have own head of state and Aussie born prime minister (see note).

Note:
Presently Australia is a British colony with British queen as a head of state and British born prime minister.

athos wrote on Aug 5^th, 2015 at 10:20am:

The main reason for high Real Estate prices in Sydney and Melbourne are buyers from China who invest money baying properties and agricultural land in Aussie-land. This is something normal considering that Chinese are full of money and perform walking, walking instead talking, talking. Very soon Australia is going to be sold out buy Britain to China. After all Aussies better for you to be part of China than a British colony, we will allow you to have own head of state and Aussie born prime minister (see note). Note: Presently Australia is a British colony with British queen as a head of state and British born prime minister.

Australia is 'British'. Anything other than that is 'multicultural' minority ghettoism.

Get used to it. 

Or Go Home.

Your attitude is the reason our jails are stiff with ethnics who can't accept that they're living as guests in a British country while their own country is too retarded to migrate back to.

Lord Herbert wrote on Aug 5^th, 2015 at 9:03am:

but what I have been observing in my general locality for the past 25 years has been the horror of nice quarter-acre residential properties being snapped up by greedy developers and turned into squat, ugly 'villa's compressed together like beehives on a honey farm,

not enough of that happening, that's why real estate is so expensive. Show me one other major city where people can buy quarter acre blocks with a single dwelling just a few km's from the CBD?

John Smith wrote on Aug 5^th, 2015 at 10:48am:

Lord Herbert wrote on Aug 5th, 2015 at 9:03am: but what I have been observing in my general locality for the past 25 years has been the horror of nice quarter-acre residential properties being snapped up by greedy developers and turned into squat, ugly 'villa's compressed together like beehives on a honey farm, not enough of that happening, that's why real estate is so expensive. Show me one other major city where people can buy quarter acre blocks with a single dwelling just a few km's from the CBD?

Huh?

These blocks with a stand-alone house on them were bought back then 30 - 40 years ago for something like $11,500.

And don't blame the Chinese just yet for the inflationary prices. They became inflationary long before the Chinese made their appearance here as investors.

Lord Herbert wrote on Aug 5^th, 2015 at 10:54am:

John Smith wrote on Aug 5th, 2015 at 10:48am: Lord Herbert wrote on Aug 5th, 2015 at 9:03am: but what I have been observing in my general locality for the past 25 years has been the horror of nice quarter-acre residential properties being snapped up by greedy developers and turned into squat, ugly 'villa's compressed together like beehives on a honey farm, not enough of that happening, that's why real estate is so expensive. Show me one other major city where people can buy quarter acre blocks with a single dwelling just a few km's from the CBD? Huh? These blocks with a stand-alone house on them were bought back then 30 - 40 years ago for something like $11,500. And don't blame the Chinese just yet for the inflationary prices. They became inflationary long before the Chinese made their appearance here as investors.

I don't blame the Chinese, you're confusing me with nail ... look on google earth and you'll find thousands of 1/4 acre blocks within 30km of Sydneys' CBD ... see how many you find within 30km of London or Rome, or any other major city.

My personal opinion is anything within 50km must be designated multiple occupancy

Lord Herbert wrote on Aug 5^th, 2015 at 10:12am:

We used to be able to walk around the neighbourhood and enjoy the flowers and bushes in neat white-picket-fenced front yards - but no more.

Some of us still do live in such streets.

We're never selling. Why? Places like this are as rare as hen's teeth.

Current price tag for these types of neighbourhoods (in Sydney)?  $2 mill +

Anyway....

Lisa Jones wrote on Aug 5^th, 2015 at 10:59am:

Lord Herbert wrote on Aug 5th, 2015 at 10:12am: We used to be able to walk around the neighbourhood and enjoy the flowers and bushes in neat white-picket-fenced front yards - but no more. Some of us still do live in such streets. We're never selling. Why? Places like this are as rare as hen's teeth. Current price tag for these types of neighbourhoods (in Sydney)?  $2 mill + Anyway....

Let me know if you need a gardener or an English butler, won't you? You could call me 'Jeeves' .. what a status symbol that would be for you. You'd be the envy of all your friends.

Midway through one of your posh soirées you could call out to me ...

"Peel me a grape, please, Jeeves".

"Why yes, madame Lisa, coming up right away ...".

That would impress the hell out of your guests.

:)

John Smith wrote on Aug 5^th, 2015 at 10:57am:

My personal opinion is anything within 50km must be designated multiple occupancy

A 50km radius of high-rise council slums just like they have all over Britain? Good thinking, John!

Which side will you be on when the Negroes go on the rampage against the Muslims and the Pacific Islanders to protect their drug-dealing 'turf' from encroachment?

Hey, yo! Which coloured ethnic Homeboyz will you be backing?

Lord Herbert wrote on Aug 5^th, 2015 at 11:18am:

Lisa Jones wrote on Aug 5th, 2015 at 10:59am: Lord Herbert wrote on Aug 5th, 2015 at 10:12am: We used to be able to walk around the neighbourhood and enjoy the flowers and bushes in neat white-picket-fenced front yards - but no more. Some of us still do live in such streets. We're never selling. Why? Places like this are as rare as hen's teeth. Current price tag for these types of neighbourhoods (in Sydney)?  $2 mill + Anyway.... Let me know if you need a gardener or an English butler, won't you? You could call me 'Jeeves' .. what a status symbol that would be for you. You'd be the envy of all your friends. Midway through one of your posh soirées you could call out to me ... "Peel me a grape, please, Jeeves". "Why yes, madame Lisa, coming up right away ...". That would impress the hell out of your guests. :)

Nooooooo.....you would be welcomed as a guest.

Incidentally, all our guests are treated well and are usually spoiled rotten.

It's the way we Europeans are.

Free tip :

Don't eat for 2 days before you get here. You'll understand why....once you see the size of our indoor and outdoor kitchens lol  :P

John Smith wrote on Aug 5^th, 2015 at 10:57am:

Lord Herbert wrote on Aug 5th, 2015 at 10:54am: John Smith wrote on Aug 5th, 2015 at 10:48am: Lord Herbert wrote on Aug 5th, 2015 at 9:03am: but what I have been observing in my general locality for the past 25 years has been the horror of nice quarter-acre residential properties being snapped up by greedy developers and turned into squat, ugly 'villa's compressed together like beehives on a honey farm, not enough of that happening, that's why real estate is so expensive. Show me one other major city where people can buy quarter acre blocks with a single dwelling just a few km's from the CBD? Huh? These blocks with a stand-alone house on them were bought back then 30 - 40 years ago for something like $11,500. And don't blame the Chinese just yet for the inflationary prices. They became inflationary long before the Chinese made their appearance here as investors. I don't blame the Chinese, you're confusing me with nail ... look on google earth and you'll find thousands of 1/4 acre blocks within 30km of Sydneys' CBD ... see how many you find within 30km of London or Rome, or any other major city. My personal opinion is anything within 50km must be designated multiple occupancy

What??????

No way!!!!!!

Lisa Jones wrote on Aug 5^th, 2015 at 11:48am:

Lord Herbert wrote on Aug 5th, 2015 at 11:18am: Lisa Jones wrote on Aug 5th, 2015 at 10:59am: Lord Herbert wrote on Aug 5th, 2015 at 10:12am: We used to be able to walk around the neighbourhood and enjoy the flowers and bushes in neat white-picket-fenced front yards - but no more. Some of us still do live in such streets. We're never selling. Why? Places like this are as rare as hen's teeth. Current price tag for these types of neighbourhoods (in Sydney)?  $2 mill + Anyway.... Let me know if you need a gardener or an English butler, won't you? You could call me 'Jeeves' .. what a status symbol that would be for you. You'd be the envy of all your friends. Midway through one of your posh soirées you could call out to me ... "Peel me a grape, please, Jeeves". "Why yes, madame Lisa, coming up right away ...". That would impress the hell out of your guests. :) Nooooooo.....you would be welcomed as a guest. Incidentally, all our guests are treated well and are usually spoiled rotten. It's the way we Europeans are. Free tip : Don't eat for 2 days before you get here. You'll understand why....once you see the size of our indoor and outdoor kitchens lol  :P

You've done well, Lisa. I congratulate you and yours.

Lisa Jones wrote on Aug 5^th, 2015 at 11:52am:

John Smith wrote on Aug 5th, 2015 at 10:57am: My personal opinion is anything within 50km must be designated multiple occupancy What?????? No way!!!!!!

John wants to recreate the slums of Napoli here.

So Lisa. When will property prices be on the up again in Mackay. I need to offload a couple of properties tout de suite and get of this mining mentality driven hole.

Lord Herbert wrote on Aug 5^th, 2015 at 11:33am:

John Smith wrote on Aug 5th, 2015 at 10:57am: My personal opinion is anything within 50km must be designated multiple occupancy A 50km radius of high-rise council slums just like they have all over Britain? Good thinking, John! Which side will you be on when the Negroes go on the rampage against the Muslims and the Pacific Islanders to protect their drug-dealing 'turf' from encroachment? Hey, yo! Which coloured ethnic Homeboyz will you be backing?

not slums Herb... you can create multiple occupancy dwellings without creating slums.

You're obsessed with Negros and muslims  ... is that because of some repressed sexual urge? 

Inyss wrote on Aug 5^th, 2015 at 1:10pm:

So Lisa. When will property prices be on the up again in Mackay. I need to offload a couple of properties tout de suite and get of this mining mentality driven hole.

you might have to hang onto them for a while.

Inyss wrote on Aug 5^th, 2015 at 1:10pm:

So Lisa. When will property prices be on the up again in Mackay. I need to offload a couple of properties tout de suite and get of this mining mentality driven hole.

Moranbah or Mackay?

Aussie wrote on Aug 5^th, 2015 at 1:28pm:

Inyss wrote on Aug 5th, 2015 at 1:10pm: So Lisa. When will property prices be on the up again in Mackay. I need to offload a couple of properties tout de suite and get of this mining mentality driven hole. Moranbah or Mackay?

Hello, you must be new around here.

I'm a Sydney born n bred girl and my real estate focus is the Sydney market.

You are more than welcome to talk to me about the Sydney market. It intrigues me no end.

Aussie's a QLD'er. He might be able to share some thoughts/info with you. John Smith is another.

NB. Both these guys have a love/hate relationship happening atm. It could be the beginning of an Oz Pol bromance. :P

Lord Herbert wrote on Aug 5^th, 2015 at 10:41am:

athos wrote on Aug 5th, 2015 at 10:20am: The main reason for high Real Estate prices in Sydney and Melbourne are buyers from China who invest money baying properties and agricultural land in Aussie-land. This is something normal considering that Chinese are full of money and perform walking, walking instead talking, talking. Very soon Australia is going to be sold out buy Britain to China. After all Aussies better for you to be part of China than a British colony, we will allow you to have own head of state and Aussie born prime minister (see note). Note: Presently Australia is a British colony with British queen as a head of state and British born prime minister. Australia is 'British'. Anything other than that is 'multicultural' minority ghettoism. Get used to it.  Or Go Home. Your attitude is the reason our jails are stiff with ethnics who can't accept that they're living as guests in a British country while their own country is too retarded to migrate back to.

Sorry I didn't know you are a Pom.
Would you mind to be a toilet cleaner for my properties in Sydney?  :D ;D 8-)

Both houses are in Mackay. We aren't locals, only been here 21 years. Had visited many times before that and moved here to bring up our 3 sons. It was a nice place back then.

Built an investment property 3 1/2 years ago just before the free-fall began. Had also been hit hard financially in the 2008 floods. Mackay hasn't been kind to us in recent years.

Just wanting to pack up and move south, somewhere a bit more stable.  :(

Inyss wrote on Aug 5^th, 2015 at 9:44pm:

Both houses are in Mackay. We aren't locals, only been here 21 years. Had visited many times before that and moved here to bring up our 3 sons. It was a nice place back then. Built an investment property 3 1/2 years ago just before the free-fall began. Had also been hit hard financially in the 2008 floods. Mackay hasn't been kind to us in recent years. Just wanting to pack up and move south, somewhere a bit more stable.  :(

Hello again.

Hopefully Aussie or John might be able to talk to you about all this.

Unlike me, these 2 guys know the area.

Aussie wrote on Aug 5^th, 2015 at 1:28pm:

Inyss wrote on Aug 5th, 2015 at 1:10pm: So Lisa. When will property prices be on the up again in Mackay. I need to offload a couple of properties tout de suite and get of this mining mentality driven hole. Moranbah or Mackay?

Mackay apparently Aussie.

Lisa Jones wrote on Aug 5^th, 2015 at 10:17pm:

Inyss wrote on Aug 5th, 2015 at 9:44pm: Both houses are in Mackay. We aren't locals, only been here 21 years. Had visited many times before that and moved here to bring up our 3 sons. It was a nice place back then. Built an investment property 3 1/2 years ago just before the free-fall began. Had also been hit hard financially in the 2008 floods. Mackay hasn't been kind to us in recent years. Just wanting to pack up and move south, somewhere a bit more stable.  :( Hello again. Hopefully Aussie or John might be able to talk to you about all this. Unlike me, these 2 guys know the area.

Sorry, can't help ... never been there and know nothing about the place other than what I read in real estate journals ...

from what I've read, all the mining towns are in for a bit of a shake up, and you will either have to hang on and ride it out, in which case with time it'll come eventually good again, or if you can't ride it out, you'll have to take a hit to the pocket.