The New York rocks are fragments of Pangaea, which formed when the ancient supercontinent split. It is these fragments of very hard rock which provide the perfect foundations for New York’s highest buildings. Where Manhattan schist can be found very close to the surface you can build high, and so Downtown and Midtown have become home to Manhattan’s tallest buildings. The hidden rock adds value to that land.
Your property won’t have Manhattan schist but it does have lots of factors which determine its value – some obvious and maybe some hidden. Consider these three aspects which influence its value. …
That may work some of the time but when the tax has increased by an enormous amount then all positive thoughts fly out the window. What do you do?
Can you imagine an airline where the pilots help clean the plane?
Recently there has been a lot of coverage in the press about the enormous number of apartments currently being built in the city. Perhaps the most troubling news is that there may be an over supply but I think worse than the over supply aspect is that many are of very poor quality. This has been happening in the city for quite some time. The apartments have got smaller.
Finding a drug house
This month the rental market has been busy. Each year at this time we see the influx of overseas and country students to Melbourne. I have made this short video to give investors a look at some rental return examples which were rented this month across Melbourne
The prices of housing in the larger Australian cities and the cost of renting are constantly in the news. Yet one thing we don’t hear much of in Victoria is the ‘Granny Flat’.
Outlook for Investors:
There has been quite a bit of discussion around our office this week because one of the staff repeated something he had heard about breaking a contract. It turned out to be be wrong but it got me thinking how we often have an idea, more of an urban myth than fact, and we continue to believe it for a very long time. It can be to our detriment. … 
