Melbourne property show coming to london
Feb 4th 2005, 9:02 pm
#1
.
Thread Starter
Joined: Nov 2004
Posts: 21,374
Melbourne property show coming to london
I don't know if it's been mentioned before, if so apologies in advance.
http://australianpropertybriefing.com/index.asp?id=01e2
http://australianpropertybriefing.com/index.asp?id=01e2
Feb 4th 2005, 9:06 pm
#2
Joined: Aug 2003
Posts: 11,149
Re: Melbourne property show coming to london
Originally Posted by fraser
I don't know if it's been mentioned before, if so apologies in advance.
http://australianpropertybriefing.com/index.asp?id=01e2
http://australianpropertybriefing.com/index.asp?id=01e2
Feb 4th 2005, 9:09 pm
#3
.
Thread Starter
Joined: Nov 2004
Posts: 21,374
Re: Melbourne property show coming to london
Originally Posted by bondipom
Yes it has been mentioned. These are great ways to lose your money. They will try and flog you an apartment for way more than it is worth. A member was ripped off by this type of scheme. Only yesterday there was a thread on this. The property industry in Australia is full of criminals and fraudsters.
Feb 4th 2005, 9:10 pm
#4
Joined: Aug 2003
Posts: 11,149
Re: Melbourne property show coming to london
Originally Posted by fraser
I guessed they'd be a tad pushy, just thought it'd be good to go to to find out about purchasing property and also the Commonwealth bank will be there which'll be good for people wanting to open an account
Feb 4th 2005, 9:13 pm
#5
Joined: Aug 2003
Posts: 11,149
Re: Melbourne property show coming to london
Just had a look at the site. Melbourne southbank. There is massive oversupply of apartments there and because the locals won't touch the stuff they have to go and get gullible English people.
The banks don't care if it is a lemon because they will take a massive deposit.
The banks don't care if it is a lemon because they will take a massive deposit.
Feb 4th 2005, 9:16 pm
#6
.
Thread Starter
Joined: Nov 2004
Posts: 21,374
Re: Melbourne property show coming to london
Originally Posted by bondipom
Just had a look at the site. Melbourne southbank. There is massive oversupply of apartments there and because the locals won't touch the stuff they have to go and get gullible English people.
The banks don't care if it is a lemon because they will take a massive deposit.
The banks don't care if it is a lemon because they will take a massive deposit.
I wouldn't have thought there'd be to many british takers of small apartments in the centre of the city.
Feb 4th 2005, 9:17 pm
#7
.
Thread Starter
Joined: Nov 2004
Posts: 21,374
Re: Melbourne property show coming to london
Originally Posted by fraser
I wouldn't have thought there'd be to many british takers of small apartments in the centre of the city.
Feb 4th 2005, 9:18 pm
#8
Joined: Aug 2003
Posts: 11,149
Re: Melbourne property show coming to london
http://britishexpats.com/forum/showthread.php?t=282020
They put it as a get rich scheme. Buy apartment now watch value rise by 20% a year and sell when built and tax deductions done. The problem is the prices are falling due to an oversupply.
They put it as a get rich scheme. Buy apartment now watch value rise by 20% a year and sell when built and tax deductions done. The problem is the prices are falling due to an oversupply.
