Too Weak to Defend Part 2 – Baby Steps: Buy Land off the Plan

“I was too weak to defend, so I attacked!” General Robert E. Lee talking about the battle of Chancellorsville. It was late 2008 and I’d been out of the real estate market since late 2007 when we bought a house to live in. Then the business went sour and I was on indefinite hold.  I […]

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Too Weak To Defend Part 1 – Introduction

“I was too weak to defend, so I attacked!” General Robert E. Lee talking about the battle of Chancellorsville. The Global Financial Crisis (GFC) hit Australia in late 2008.  My financial situation was precarious; I felt weak.  But, the Australian response to the crisis was to lower interest rates to record lows.  And, rents in […]

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Welcome to Coconut Island! Rising Land Prices in the Alice.

I recently wrote an article about the high land prices in Darwin compared to what we pay in Alice Springs. When compared with Darwin, our land prices look cheap. But, this doesn’t take away from the fact that land prices are relatively high and rising rapidly in the Alice. In this article I explore the […]

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Rosey in Rosebery: Property’s Forgiving Nature

Reflection: The real estate market in Darwin and its satellite city Palmerston are “on fire” right now. Prices are the right up there with Sydney; maybe higher. I hear the rents in Darwin are the highest in Australia.  But, I remember a time when it wasn’t so hot. I remember when real estate around the […]

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High Land Prices in Alice Springs? Compared to What?

Why is land so expensive in the Alice? That’s the question I keep asking. But my question has one big flaw. It assumes land prices are high! I was very surprised to learn recently that my assumption is not necessarily correct. Recently, while at the Convention Centre attending an October Business Month session, I tried […]

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