New Design Transport Technology Ideas, effect for your Home?
April 20, 2010 by Tim
Filed under environmental features, property market, Renovating, tips
Today, I am reading of the forty models of new electric cars, due within two years. Some companies have announced up to forty new electric models are on the way. This year we can look forward to the Imiev from Mistsubishi. While the Leaf from Nissan is not far behind. All the major manufacturers are developing these electric vehicles.
How does this effect property ?
Well, some home buyers have been insisting on only buying, walk to tram or rail. They are fearfull of a future oil price surge. As the electric cars with lightweight and efficient Lithium batteries become available. I suggest the desperate desire to buy only in the inner suburbs may abate.
While, there are good reasons to buy in the Inner ring suburbs, let the fear of high petrol prices not be one of them! The middle and outer suburbs will return as great areas to live. !
Right now we have available the Electric bikes, some so convenient as one can fold them up and carry them to work. Here’s my idea, cycle on the bike to the railway station and carry the bike to work, or lock it up in the secure yard.
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Design, Idea your Finanicial Future thru small Investment homes
April 7, 2010 by Tim
Filed under property market, Renovating
Currently, reading about many ways to tackle the investment property home market.
1 Buying Aged Care units with a high yield, and modest capital growth prospects. Its self funding strategy. Most western countries have an aging population as, so called Baby Boomers are nearing retirement.
2 Buying within easy walking distance of excellent public transport like a railway station, or tram stop, even where a new train station is expected. In Melbourne, its a hot strategy to buy where the tram lines have recently been extended. In outer areas, the housing estates adjacent to a new rail line or walk to a new station are selling extra well. The theory being one can expect few new lines, but expectation of more trains on current lines.
3 Buy in mining towns where the miners are highly paid and mobile, providing an excellent rental market at a good yield.
4 Buy inner city apartments, as the numbers of single households continually expand. There is a greater concentration of entertainment in the inner city and more government services and transport.
5 Buy Historical homes within the inner and middle ring suburbs, as they are not building any more Historical homes.
6 Buy in beachside retirement areas, where the bulge of retirement buyers are expected to move into in future years.
All these are interesting strategies. I am not recommending one over another. Sufficient to say if one can buy and renovate in areas where ” there will be continually rising demand”, you should be well.
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