mrd

Convenience! Location, Location, Location!!!

Lutwyche sits on Brisbane’s leafy northern inner city fringe with a uniquely characteristic blend of inner city chic and elevated charm. Residents will take full advantage of walking proximity to the Centro shopping centre, cosmopolitan cafés and boutiques, the Kedron Brook bikeway and parkland sanctuary, and an array of easy transport options.

The Northern Busway is the next link into South East Queensland’s dedicated Translink Busway system which is due to open mid in 2012. This project is around the corner from the ‘state of the art’ new Lutwyche Bus Station which connects to both express and standard bus routes and also provides a safe pedestrian underpass of Lutwyche Road.

Brisbane’s CBD is just 7 minutes or 5 km away, whilst the vibrant artistic and cultural pursuits of Fortitude Valley are even closer. Immediate availability to the Royal Brisbane Hospital, the Clem 7 tunnel, Gold and Sunshine Coast and airport links, simplifies those journeys and enriches multiple options for unlimited leisure and rewarding work or play. Read more…

Attention to all those that are either:

1. One of 30 clients who snapped up the very special deal we recently negotiated on the property at North Lakes or
2. Anyone interested in grabbing the very last opportunity to be part of the deal

Let Me Explain…

• A developer we have worked with over recent years wanted our help to secure the required pre sales to get started
• He asked me for ten sales
• I went back with 12 and a long list of demands
• He eventually reluctantly agreed to my demands but only on condition we achieved 20 of the 24 pre sales he said he required
• When I said “I thought you only needed 10″? He said he needed more but was hoping mrd could get him 10.
• Cutting a long story short… the banks lending criteria changed and the 24 was not enough… so he held the deal open until we secured the required 30!
• The deal was cut off and just 30 clients were to benefit… until this week!
• The banks have now said he needs ONE MORE.
• He called and said he would extend the very same offer to the next buyer – thus this announcement.
• (Off site) works have now begun, the builder and surveyor were on site today and retaining walls and site preparation begins on Monday!
• Completion is set down for December with settlements in January 2013

Here’s What You Get:

1. Stamp Duty paid ($10,000 worth)
2. Body Corporate (year one) paid ($2,100)
3. Rent Guaranteed from the day of settlement for one year at 5.7% (about .5% better than what the market has been paying, although this is on the up anyway)
4. Prices held to within $5,000 of what Stage One was sold for in 2009! I.E. $320,000 for 2 bed units and $355,000 for 3 bed townhouses. …Continued

Read more…

GFC Fallout!

The last few years of financial turmoil has brought about desperate times for many.   The tourist strip of Surfers Paradise probably bore the brunt of that on the Gold Coast.

These are the opportunities that we have had requests from some of our clients for.  Although we do not normally promote holiday let and high rise apartments – these can be permanently let or put into the holiday let pool. Either way, these are a great opportunity for the right person!

Slashed prices!  Receiver stock!

Now is the time to buy in at rock bottom prices.  The bank just wants their money!

1 & 2 bedroom apartments from $345,000

• Yes I would like to take advantage of the GFC Fallout Opportunity >>>here
• I would like a complimentary financial analysis to check my purchasing capacity >>>here
• This opportunity was released to our VIP clients yesterday.  Join those receiving our VIP pre-releases >>>here

Read more…

They have been charged with the important responsibility of setting monetary policy… yet The Problem With The Reserve Bank is that their decisions are wrong more often than not!

With the Global Financial Crisis (GFC) four years ago has come a constant dribble of opinion and commentary. The more negative the story the more prominent the media features it.

I can put up with the nonsense we have had to listen to from Professor Steve Keen and those prophets of doom like him, but my greatest disappointment has been with the Board of the Reserve Bank of Australia (RBA) who have demonstrated repeatedly how to get monetary policy monumentally wrong.

Flashback to Early 2008

In early 2008 the RBA (destructively) raised rates twice. Our economy was already slowing quickly after the rate rises of 2007 and this one caused it to swing too far the other way. Then Lehman Brother’s collapsed in the USA, triggering the GFC and the rest is history. The RBA scrambled to undo the damage by dramatically slashing rates in the latter part of that year; essentially admitting they had got their earlier decisions wrong!

August 2011 to May 2012 Interest Rate Decisions – WRONG!!!

Maybe they could be forgiven for the events of 2008; although there were many reputable opinions at the time saying they were going too far… but what has transpired over the past nine months, in my opinion, casts a huge question mark over the role the RBA plays today.

Below is a copy of what I said ahead of the RBA Board meeting in February 2012 to decide whether or not to move interest rates that month. This exact copy is of my newsletter article on January 27th last, titled “February Interest Rate Prediction”.

 “On Tuesday week the Reserve Bank of Australia (RBA) will meet for the first time since early December to decide what to do with interest rates. In my opinion it is not a matter of IF they put rates down again… but by how much. As I sit here right now I cannot think of any half-decent argument for keeping rates on hold so I’m predicting another drop. I’ll even go out on a limb and suggest that they should bite the bullet and drop them by 50 basis points (or a full half a percent). BUT… I do not believe the banks will pass the next rate cut on in full; making the argument for an even bigger rate cut (say 60 or 65 basis points) justifiable. What the RBA is more likely to do, however, is go beyond the usual 25 basis points in February (but not more than 50 basis points) and then when the banks don’t pass it all on to consumers… follow it up with another rate cut in March or April.

My disclaimer, however, is that while I have been consistently right with what SHOULD happen (as proved over time)… the RBA board doesn’t always ‘get it‘ at first. So let’s sit back and see what they do. Either way, I am again on the record for you to ‘judge’ over the months ahead.”

Now compare the above with what the RBA Board said after that February 2012 meeting when they left rates unchanged:

Read more…

Convenience! Location, Location, Location!!!

Lutwyche sits on Brisbane’s leafy northern inner city fringe with a uniquely characteristic blend of inner city chic and elevated charm. Residents will take full advantage of walking proximity to the Centro shopping centre, cosmopolitan cafés and boutiques, the Kedron Brook bikeway and parkland sanctuary, and an array of easy transport options.

The Northern Busway is the next link into South East Queensland’s dedicated Translink Busway system which is due to open mid in 2012. This project is around the corner from the ‘state of the art’ new Lutwyche Bus Station which connects to both express and standard bus routes and also provides a safe pedestrian underpass of Lutwyche Road.

Brisbane’s CBD is just 7 minutes or 5 km away, whilst the vibrant artistic and cultural pursuits of Fortitude Valley are even closer. Immediate availability to the Royal Brisbane Hospital, the Clem 7 tunnel, Gold and Sunshine Coast and airport links, simplifies those journeys and enriches multiple options for unlimited leisure and rewarding work or play.

Brisbane’s newly emerging ‘northern inner city precinct’ is undeniably one to watch as a rapidly emerging cosmopolitan and commercial hub producing an inherently aspirational lifestyle.

• Contact Us To Express Your Interest Or For More Information >>>here
• Download Full Property Report >>>here

Read more…

Whether or not you realise it, You Are The Architect Of Your Life – relationships, health, finances etc.

Your environment matters because it shapes your beliefs and they in turn determine your actions… which ultimately produce the life you are heading towards.

As you would probably advise your kids… be careful about who you listen to and hang out with!

Don’t visit your neighbours’ homes too often, or they will begin to hate you!

That’s a proverb… as well as common sense. Relationships generally fall into one of two categories; replenishing relationships or draining relationships. I bet when you answer a knock at your door from a friend, it could be either one you are excited to see and invite inside… or one who when you see him/her standing there you think “Oh no… there goes my afternoon and everything I had planned”.

Some people have a knack of lighting up any room they enter. We feel better about life and ourselves for having been with them. Others unfortunately only light up a room by leaving it. I’m sure you make time for all your friends… perhaps just a little more for those that refresh and replenish you.

So what about you… think about it; you’re the person that you spend more time listening to than anyone else. Does your self talk leave you replenished or drained?

Maybe there’s a bit of self talk going on right now… ha, ha. You may be asking “What has any of this to do with investing in property”? Great question and the answer is… EVERYTHING – if you want to have success!

Let me explain…

Read more…

In Australia there are approximately 1,600 postcodes with 30% of these showing Rental Vacancy Rates less than 1%, according to property analyst Michael Matusik. He went on to say that 70% of postcodes had a vacancy rate below 2% and 87% were under 3%.

Nationally, the average vacancy rate  sits at just 1.7% with Victoria at 3% showing the only capital city to buck the trend.

The Australian Bureau of Statistics CPI rental index reports that weekly rents have been rising by 5.7% nationally since the middle of 2008; with Brisbane at 6% and Melbourne at 4.8%. Rental yields in many parts of Queensland reflect that State’s housing shortfall with the State’s average yield being in excess of 6%.

Median rents over the past 12 months have grown significantly higher in the Queensland’s Hot Spots… with Gladstone up by 45%, Emerald 25%, Mackay 15% and 10% in Brisbane’s inner west.

For those with a capacity to capitalise on the opportunities that currently exist… 2012 is definitely shaping up as the turning point from Queensland’s time ‘flat-lining’.

Opportunity is certainly knocking… (metaphorically speaking) don’t get caught ‘hiding indoors with the TV turned down and the curtains drawn – this guest is worth opening your doors to and embracing with open arms’.

Yes Please Nick… I would like to have my situation assessed to determine if I would qualify to take advantage of the opportunities around at this time >>>here

Read more…

So much to say and so little time to say it!! Today I’m touching on a few different subjects today, some of which are more urgent / pressing than usual. “I Want To Challenge Your Thinking”… so please read to the end.

Free Money Ends On Monday

The $10,000 Queensland government building boost comes to an end on Monday. We are working with a handful of clients right now that have made last-minute decisions to get their hands on this cash. It’s still possible for you to get your hands on this too… if you are ready to act quickly. Call or email us urgently if you would like to explore that possibility.

Interest Rates

The evidence is there for all to see now… vindicating my calls for interest rates to drop since August 2011. I have repeatedly argued that the Reserve Bank of Australia (RBA) got their interest rate decisions wrong – time and time again. The November and December 2011 cuts (each a quarter of a percent) were too little and too late. To be so far into 2012 and still no rate cut has been another missed opportunity, in my opinion.

A rate cut next Tuesday of just a quarter of a percent would fall short of catching up to where rates should be right now. A drop of 50 basis point (or a half of a percent) is warranted but by no means assured.

Interest rates will come down on Tuesday… and if not by half a percent, we will probably get two consecutive months of a quarter of a percent. The cynical part of me says it may be hard for the RBA to lower rates by the full 50 basis points (i.e. half a percent) as to do so would effectively be admitting that their previous decisions were wrong. My best bet is that they will and we will see another 50 basis points reduction by year’s end. So, of the full one percent (100 basis points) drop between now and years end the banks should pass on 75 or 80 of those to us (a saving of $3,000+ in interest on a $400,000 loan).

Four Seasons

At the height of a bitterly cold winter everyone has the assurance that they are just six months away from summer. We have four seasons a year and just as night follows day so too does spring follow winter. Property is a lot like that. As rents continue to grow and interest rates continue to fall first home buyers and investors are driven back to the property market. A mistake we can be guilty of is to assume that next year will be like last year… that a new season is not on the horizon. Sure you need to be convinced of that for yourself but please ensure you are dealing with facts… or mistakes will undoubtedly be made.

The ‘Challenge’

The Global Financial Crisis (GFC) severely cut off the supply of new property, for a variety of reasons. Meanwhile our population continues to grow. You don’t need to be Einstein to know that these conditions represent fertile ground for property prices to grow in. Add to that… banks falling over themselves to find new business after years of indifference from borrowers towards taking on new loans. I predict that over the next 12 months borrowing money will have become significantly more attractive again.

Lead, Follow… Or Get Out Of The Way

I have been ‘banging on’ about Queensland property lately (specifically Brisbane and the Muscle towns of Gladstone and Mackay) because I passionately believe these markets have so much to offer you right now. You are no different to your neighbour, me or my neighbour… you want more control of your time and more money; i.e. choices. The key is to be able to identify genuine opportunity when it manifests.

Brisbane is coming off an extended low. The property market there (let’s not mince words) has been ‘sucking wind’ for way too long. While most other capitals around Australia (not Perth) have had some really great growth spurts post GFC… the entire South East Queensland market has missed out completely. It’s inevitable that some will view that as a negative but for me it gives cause for great optimism.

Consider the following and decide if in April 2012 there is huge opportunity or evidence for continued caution…

• Rents rising
• Interest rates falling
• Rock bottom buyer’s market
• Mining boom drawing hundreds of billions of investment dollars into Queensland
• Employment prospects in Queensland are on the up and up
• New ‘Can-Do’ state government completely focused on job creation and economic growth
• A $10,000 building boost incentive (albeit only for 3 more days)

To speak with mrd about a plan for moving forward and taking advantage of this new season we are moving into… go >>>here

My strong recommendation is that you take a decisive leadership role in your own life. Sounds obvious but I meet more reactionary followers than leaders.

Some people make things happen, others watch things happen… while the rest wonder what happened! Which are you?

ABC’s 7:30 Program on 24th April 2012

Read more…

Queensland’s Building Boost… Gone From Monday!

• This Queensland Government incentive now has just 3 days remaining!
• You still have ten thousand TAX FREE reasons to take action this week-end!

We will work with you over the week-end to ensure you don’t miss out… but snooze and you lose.

Watch the following 3 minute video below and contact mrd to discuss getting your hands on the $10,000 Building Boost… before it’s too late!

Click image to view short $10,000 Queensland Building Boost Video

Yes Please Nick

I want the $10,000 up for grabs… please call me over the week-end to discuss >>>here Read more…