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ParraPower

@parrapower2022

6,349
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362
Following
3,891
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Eels For Life | Part-time Investor | Full-time Buffoon | Risk Taker| Politics| Sarcasm | No financial/legal advice|

where else? Downunder
Joined November 2013
Don't wanna be here? Send us removal request.
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@parrapower2022
ParraPower
1 year
Auction of the year. Watch the video to see the today's passed in price. @solo_dio_ @_mumbling_me @AvidCommentator
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@parrapower2022
ParraPower
1 year
Auction- 17 Passed in
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@parrapower2022
ParraPower
1 year
Mortgagee Repossession within 1.5 years.
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@parrapower2022
ParraPower
9 months
@historyinmemes Negative gearing & property bubble,
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@parrapower2022
ParraPower
2 months
None of those paramedics will able to afford home in Sydney with their salary...
@ChrisMinnsMP
Chris Minns
2 months
You’re looking at the latest graduating class of NSW Paramedics - and they’re ready for duty.
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@parrapower2022
ParraPower
30 days
If Australian education is world-class, then why are we only attracting Asian students?
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@parrapower2022
ParraPower
7 months
"The RBA is almost done hiking. One more 25bp hike on Melbourne Cup Day, and that's it."  100% right call, just one year early....
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@parrapower2022
ParraPower
3 months
I spoke to a 21 year old guy today. He became a property investor at 21 by:  1. Waking up at 5 am 2. Cold showers  3. Meditating  4. Intermittent fasting  5. Use Bank of Mom & Dad. #motivation #Sydney #property
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@parrapower2022
ParraPower
3 months
If you don't bid at least 5 times against yourself, then you don't deserve to buy Sydney realestate - Aussie Proverb.
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@parrapower2022
ParraPower
2 months
@ChrisMinnsMP Why are horses not allowed in trains? We allow donkeys in the parliament. #Discrimination
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@parrapower2022
ParraPower
7 months
3 rate cuts by December 2023. Yup, 3 cuts
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@parrapower2022
ParraPower
4 months
Negative gearing is 8th wonder of the world. Aussie Aussie Aussie Oi Oi Oi @AvidCommentator
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@parrapower2022
ParraPower
7 months
Success story - Kevin Kong and Mi Chen have secured a rare entry-level home in Sydney’s inner-fringe for $ 1,620,000.
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@parrapower2022
ParraPower
11 months
2022 - Bought $ 2,800,000 2023 - Sold $ 2,188,500 Mortgagee in Possession $140,000 stampduty ~820,000 loss in 1.5 years @Itsme59261985 @DarkyOld @JCautec @onlylarp @solo_dio_
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@parrapower2022
ParraPower
2 months
$ 1,610,000 for 3 bedroom house in Quakers Hills. Agent, Seller, and Bank are all laughing...
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@parrapower2022
ParraPower
17 days
@cjoye Lots of disabled people in parliament
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@parrapower2022
ParraPower
2 months
$365,000 gain in 1.5 years by doing nothing, just buy and hold. Try to earn a similar amount by day job. Sydney Realestate is the best asset class backed by the Australian Government.
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@parrapower2022
ParraPower
9 months
1 year ago... @solo_dio_
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@parrapower2022
ParraPower
2 months
This is just a friendly reminder that inflation is 3.8%
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@BethAmoureux
Beth Amoureux
2 months
@parrapower2022 Freefall 🤣
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@parrapower2022
ParraPower
8 months
The sun is shining, the birds are chirping, and It's a great day to vote NO. Let's do this.
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@parrapower2022
ParraPower
1 year
Lately not hearing following (1) RBA policy pivot is coming (2) rate cut by june 2023 (3) it is supplychain related inflation (4) it is transitory (5) Immigration will save realestate (6) realestate is too big to fail (7) inflation in Australia is not as bad as USA
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@parrapower2022
ParraPower
1 year
Sick and tired of Aussies whinging about wage growth on twitter. Just invest in bluechip Eastern suburbs realestate, drink soy milk latte and make million in one year...
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@parrapower2022
ParraPower
1 year
Today's agenda...
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@parrapower2022
ParraPower
2 years
Back on market by another agent. Bought for $ 2.1m (March 2022) $ 100k stampduty, costbase $ 2.25m, asking $ 1.75m (22% below cost base) @justthink1 @AvidCommentator
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@parrapower2022
ParraPower
2 years
Agent from the the Hills area rang me, wanted to check if i am bidding at auction on Saturday. I asked why bother doing auction? Oh we believe that demand is still strong blah blah blah. Now i have to attend this auction to see the demand...will post the outcome on Saturday...
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@parrapower2022
ParraPower
1 year
Sold at Auction $ 4.2m Bought in 2021 for $2m Some renovations done. Sydney Casino is ON... @AvidCommentator
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@parrapower2022
ParraPower
1 year
Aussie Children Career Options (1) Doctor + property investor (2) Broker + property developer (3) RE agent + property spruiker (4) Disgrace to family
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@parrapower2022
ParraPower
2 years
Live market update from Kellyville & Box Hill... @solo_dio_
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@parrapower2022
ParraPower
9 months
Attended 6 open home today. A grade properties had 5 groups, B grade had 2 groups. Agent was asking for offers prior to the auction. Tide is turning. More supply is coming.
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@parrapower2022
ParraPower
1 year
Back on market within 6 months. Short 2 weeks marketing campaign. I think people realising that 6% interest rate is unaffordable...
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@parrapower2022
ParraPower
11 months
Bought for $ 1,850,000 Sold for $ 1,350,000 Mortgagee in Possession $600,000 gone in 1 year Back to 2019 price level @Itsme59261985 @onlylarp
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@parrapower2022
ParraPower
1 year
ING pass on full 0.25% to the savers. New rate 4.80%. When last time we see 5% in saving account???
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@parrapower2022
ParraPower
11 months
@TheKouk It's pretty accurate. Public need to know the governor's pecuniary interest
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@parrapower2022
ParraPower
1 year
Western Sydney landlords are realising that they can't pass on higher interest rate cost to tenants. Investment comes with risk. @AvidCommentator
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@parrapower2022
ParraPower
2 years
Reservoir VIC Expectation $ 1.6m Highest bid $ 1.15m 39% difference between expectation and highest bid at auction.
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@parrapower2022
ParraPower
6 months
SELL call triggered for Sydney realestate.
@6NewsAU
6 News Australia
6 months
#BREAKING 🚨 Albanese says migration system is 'broken' and will announce plan to 'bring migration back to sustainable levels' next week | #6NewsAU
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@parrapower2022
ParraPower
2 years
Mortgage stress discussion on social media is heating up... "Can someone please explain to me how i even got approved for my loans" @DFA_Analyst you warned many times. @AvidCommentator @solo_dio_
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@parrapower2022
ParraPower
1 year
Australian Mutual Bank, Pepper Money and RACQ Bank are now offering 40-year mortgages. U Bank offering 35-year mortgage. Realestate to the moon. Aussie growth story... @_mumbling_me
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@parrapower2022
ParraPower
2 months
Aussie Children Career Options  (1) Doctor + property investor (2) Mortgage Broker + property developer  (3) RE agent + property spruiker  (4) Politician + property mogul (5) Builder + property hoarder (6) Essential worker + renter = DISGRACE TO SOCIETY
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@parrapower2022
ParraPower
2 years
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@parrapower2022
ParraPower
1 year
ING savings maximiser at 5.25%
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@parrapower2022
ParraPower
7 months
Price you pay to live in the most liveable city in Australia...
@meanwhileinau
Meanwhile in Melbourne
7 months
Is this right? $14 for a ham and cheese croissant in Melbourne 🔥🔥🔥
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@parrapower2022
ParraPower
1 year
Buy for $ 465,000, Hold 7 years and expect $70,000 less...but my property coach on YouTube told me that property double in value every 7 years??? @_mumbling_me @Itsme59261985
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@parrapower2022
ParraPower
9 months
Free-fall inflation @solo_dio_
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@parrapower2022
ParraPower
11 months
$ 3.4m to $ 2.95m within 2 years. Passed in at auction on 22 July. Under instructions from mortgagee $180k stamp duty paid by the current buyers. $700,000+ loss under 2 years.
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@parrapower2022
ParraPower
2 years
8-10 years to save for 20% deposit, use mom-dad's savings/equity, on top of that use your superannuation balance just to get roof over your head. Love the Aussie dream.
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@parrapower2022
ParraPower
4 months
Double your wealth in 8 years 🤣
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@parrapower2022
ParraPower
2 years
Dear RBA, AUD 0.625c Dont fight the Fed...
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@parrapower2022
ParraPower
2 months
@cjoye eKaren can you fix this post.
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@parrapower2022
ParraPower
6 months
Amazing facade
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@parrapower2022
ParraPower
1 year
Rent dropped $100/w. 2.5% gross rental yield. At 20% deposit and 6.5% interest only loan, weekly repayment will be $ 1,640/w vs $800/w rent. @solo_dio_
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@parrapower2022
ParraPower
6 months
Mortgagee Misery List
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@parrapower2022
ParraPower
2 months
Our out of touch PM wasted $364.6 million for the Voice referendum. Now, how much more will be wasted on the prosecution of X @elonmusk . Out of touch Government wasting public money. Labor will lose the next election...
@StephenJonesMP
Stephen Jones MP
2 months
Social media platforms should not enable the distribution of violent and distressing content. This is reckless and dangerous. The Albanese Government will not accept this standard. We will keep Australians safe online.
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@parrapower2022
ParraPower
1 year
Aussies fliping story. Bought for $1,220,000, kept for 14 months, sold for $ 1,035,000. $185k loss + $60k stampduty +$15k agent, 2k solicitor = $262,000 total loss. @_mumbling_me @solo_dio_
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@parrapower2022
ParraPower
26 days
Feel good story. What is stopping you?
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@parrapower2022
ParraPower
2 years
Sydney gross rental yield 2% vs AMP saver account 3.6%. Very hard investment choices...
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@parrapower2022
ParraPower
11 months
@TheKouk It is not a moral question for vendor or individual. But it is a moral question for Government. Government want to sell their own country or not.
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@parrapower2022
ParraPower
1 year
Lucky country... @justthink1
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@parrapower2022
ParraPower
1 year
Fox Guarding the Hen House @RBASHAGGER
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@parrapower2022
ParraPower
11 months
Some vendors are panicking now...
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@parrapower2022
ParraPower
3 months
It's good to see a hard-working aussie battler making commissions twice.
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@parrapower2022
ParraPower
1 month
Free-fall inflation update. $8.50 for one cookie.
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@parrapower2022
ParraPower
1 year
Any correlation between bikinis and tight rental market???
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@parrapower2022
ParraPower
1 year
RBA hikes 25 bps today because of free-fall inflation in Australia, slowing inflation in Turkey, lower shipping container freight cost, soggy wage growth, looming recession risk blah blah blah...
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@parrapower2022
ParraPower
11 months
Don't fight with vendors if you want to secure real estate in Sydney. The vendor knows the real value of his/her property.
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@parrapower2022
ParraPower
7 months
Hi @UBank , Is there any particular reason for not passing full interest rate hike to savings customers??? Why this discrimination???
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@parrapower2022
ParraPower
11 months
Sydney Rental Crisis. While @ChrisMinnsMP is busy protecting koalas and turtles...
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@parrapower2022
ParraPower
1 year
RBA signalling pause and may pause, punters already back at auctions, median value increase in March, FED hike rate, AUD drop, RBA behind the curve again, Core Inflation stay high, Great April Fool Event and rate hiking cycle start again in May 2023...
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@parrapower2022
ParraPower
1 year
4.60%, UBank pass rate hike to savers. Waiting for property investors to point out that cash is trash...
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@parrapower2022
ParraPower
2 years
New Zealand house prices "about to tank" Last week saw only 21% of homes taken to auction across New Zealand sell, with the rest being passed in. Get ready coming to your Sydney suburb very soon...
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@parrapower2022
ParraPower
1 year
Amazing outcome for vendor. Only lost around $400,000 in 6 months. $ 280,000 stampduty, plus agent fees, marketing, legal & land tax.
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@parrapower2022
ParraPower
2 years
National Mourning Day - 4th October 2022...
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@parrapower2022
ParraPower
10 months
Buffet - If you don't find a way to make money while you sleep, you will work until you die. Sydneysiders - Thank you. I will buy an investment property in KELLYVILLE.
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@parrapower2022
ParraPower
2 years
Only true blue Aussie RE investors will understand this investment strategy. Sold $ 2,375,000, Rent $690/w. 1.5% yield with 20% capital loss in 1st year... @AvidCommentator @solo_dio_ @_mumbling_me
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@parrapower2022
ParraPower
2 years
Lettuce price drop by 50%. Bullish news for Sydney RE. Another reason for investors to bid strongly at auction this Saturday. @solo_dio_
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@parrapower2022
ParraPower
1 year
Sydney down 13.9% between Feb 2022 to Feb 2023. Soon 2022 purchasers with 20% deposit will go in negative equity territory. Bottom is in ? @_mumbling_me
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@parrapower2022
ParraPower
2 years
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@swrighteconomy
Shane Wright
2 years
Up she goes - RBA takes cash rate up another 0.5 percentage points, to 1.35%.
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@parrapower2022
ParraPower
1 year
Rental crisis in Sydney
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@parrapower2022
ParraPower
2 years
Investor buying properties at auction. This property purchased for $ 1.6m and advertise for $ 470/w rent. 80 LVR @ 4% I/O loan weekly interest $985. $ 500/w negatively geared after tax benefit...
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@parrapower2022
ParraPower
1 year
Melbourne surrenders pandemic house price gains, next Sydney by July 2023...
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@parrapower2022
ParraPower
2 years
“No one has ever become poor by investing in Sydney Realestate.” - Nelson Mandela
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@parrapower2022
ParraPower
2 years
Good morning to everyone except those who believed in RBA and thought interest rates would never go back up untill 2024...
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@parrapower2022
ParraPower
1 year
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@rabbit_wealth
rabbittail
1 year
North Kellyville prices higher than Nov 2021
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@parrapower2022
ParraPower
2 months
Just bought 3 bags of 20 kg rice bags. I will be eating rice every night for the next 12 months. Will let you know the results. @RBASHAGGER
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@parrapower2022
ParraPower
7 months
48% auction clearance rate (12/25). Less bids, fewer bidders, some properties had 1 buyers and most had 2-3. Weak result this week. Domain CR will be 82%🤣 @AvidCommentator @solo_dio_
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@parrapower2022
ParraPower
2 years
3rd flop show. Westmead 1st bid $2m, it was rejected, Auctioneer wanted 1st bid around $2.3-$2.4m 15min later Auctioneer wanted 1st bid of $2.1m and no bids received. Passed in, 100+ people at auction only issue was NO buyers.
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@parrapower2022
ParraPower
1 year
Our banking system
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@parrapower2022
ParraPower
8 months
The Board is prepared to be patient...
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@parrapower2022
ParraPower
7 months
Today's highlight Auction guide $ 2,300,000 Passed in $ 2,720,000 Expectation $ 2.8m+
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@parrapower2022
ParraPower
1 year
Back on market within 4 months. Purchase - $ 4.75m Stampduty- $ 275k Agent & marketing- $ 100k Cost base $ 5,125,000 Auction guide $ 4.1m $500,000+ losses in this transaction... @justthink1 @AvidCommentator @solo_dio_ @_mumbling_me
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@parrapower2022
ParraPower
2 years
Sydney property crash is worst than divorce. You lose half of your property value and your wife is still around...
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@parrapower2022
ParraPower
2 years
Sydney Investor Under Pressure.... "OWNER HAS MADE THE TOUGH DECISION TO PUT THIS PROPERTY ON THE MARKET. THE DECISION HAS BEEN MADE AND WE NEED TO SELL!" @justthink1 @solo_dio_
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@parrapower2022
ParraPower
4 months
Luckily, our banking system is very robust, and our lending standards are very high...
@GRomePow
Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮
4 months
$500 MILLION in Chinese mortgage fraud from just 10 branches of HSBC in Toronto Canada
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@parrapower2022
ParraPower
2 months
I can smell rate cuts at the petrol station @_mumbling_me
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@parrapower2022
ParraPower
1 year
There is no negative impact of rate hikes on Sydney Realestate. Median price recovery faster. Are you still supporting Dead Cat bounce theory???
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@parrapower2022
ParraPower
7 months
It is official, guys. We need to have Property Investor's Voice to Parliament.
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@parrapower2022
ParraPower
2 months
Why worry about fewer babies. When we have endless supply to high skilled migrants.
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@parrapower2022
ParraPower
1 year
2nd time calling the bottom. May get lucky on 3rd or 4th time.
@tompanos
TOM PANOS
1 year
Signs the Real Estate Market has started going up ☝️ If you were waiting for the bottom - you may have just missed it My clearance rate today: 6/9 SOLD #realestatemarket #propertymarket #auctioneer
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@parrapower2022
ParraPower
3 months
If eight years old can, then what's your excuse??? @_mumbling_me
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