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  • Profile photo of kpikpi
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    @kpi
    Join Date: 2006
    Post Count: 30
    January 7, 2007 - 11:13 am

    If you search on Realestate.com.au and search in your area between $0 and $50000 a few usually pop up. Give that a go.[grad]

    Profile photo of kpikpi
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    @kpi
    Join Date: 2006
    Post Count: 30
    January 7, 2007 - 11:12 am

    If you search on Realestate.com.au and search in your area between $0 and $50000 a few usually pop up. Give that a go.

    Profile photo of kpikpi
    Member
    @kpi
    Join Date: 2006
    Post Count: 30
    December 8, 2006 - 1:43 pm

    Dave,

    I would definitely be interested in seeing the info pack to make a better decisiion and give better guidance. The 40% sounds like huge growth, but I like LA thought you may have missed the boat. Please email through to [email protected] or call me if you want to discuss further 0432 482 512[biggrin]

    Profile photo of kpikpi
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    @kpi
    Join Date: 2006
    Post Count: 30
    December 3, 2006 - 9:12 am

    Hi, Carrum Downs has definitely had fantastic capital growth over the past five years or so. I live in Chelsea Heights (about 10 minutes from Carrum Downs) The rent returns look OK for the area, but I have my doubts about future capital growth. The prices definitely have stagnated their in the last 2 years or so. I have two groups of friends who bought there in 2003 and have added $0 from the day they purchased. On the flip side, if it is positive cashflow with depreciation benefits. You are already in front.

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