Hi Paul,Re pricing: fair enough , although my opinion was based on pricing I experienced about 1.5 years ago when i was checking out the area and they hadnt seemed to have moved much in general since then.Re: location and growth potential in generalI agree that it has much potential and the work on the bridge should help but from what i have…[Read more]
Redcliffe all the way
Hi Paul,Do you mind if you could share more on your liking to Redcliffe..I assume you have some property there right?Why do you think price growth has stalled ( in most cases) for the past 2 years and do you expect any price growth to come anytime soon?(Your share website looks good…)taMichael
you will find plenty of tips in this forum if you search under melbourne topics/threads .Im not that familiar with Melb but it seems for long term growth anywhere within 20kms of the CBD should not let you down long term. Even areas further out like Seaford/Frankstown or Geelong should be fine.
Can you tell me a little about property in the southern parts of Perth ex Rockingham, Waikiki,do you think these areas have potential with the new train lines going through, is $160-170 on average an ok asking price for a typical three bedder or is there better value elsewhere ex Northern suburbs near the water , any help would be…[Read more]
I have purchased top 100’s for Sydney and Brisbane in the past . Most suburbs they have listed to outperform have performed well, although what hasnt??
They provide some good statistical info such as long term capital growth trends etc and predicted
growth.The cost of the report is minimal as long as you use it to help make a profit.
I dont want you too give to much away if you dont want to about this purchase but being a sydney sider myself where can you get this much rental ,and for that matter a waterfront for 640k in Sydney.
Is it not a typical house, maybe multiple dwelling…???
Just exchange on waterfront property in Sydney City, $640k and rental income…
ive read many articles recently from different sources about the property sector, with many having their opinions as to what may happen. Facts are that prices can not escalate like this forever and sooner or later there will be a flattening out of prices,drop , who knows and when. My opinion for what its worth, is that the greed( lets face…
in most main cities of Oz it is common place to organise a 6 or 12mnth lease, not sure about reginal towns though..
Yip – thats the norm.
I think the majority of all leases in NZ are for a non-fixed term. In all my years of renting I have never set up a fixed term lease, and neither has anyone else I know. It is an option for us if we…[Read more]
thanks for the advice,
the reason I chose these suburbs is beacause they still seem relatively low priced for a Sydney sider like me, but I realise that prices have shot up recently. I also wanted to chose areas next to the seaside. Am I looking at the wrong regions ,better value elsewhere?
Your right and I understand your point of view.
My strategy consists/will consist of both negatively geared property(hoping for gains.. & for tax implications) and also cash flow positive property (the greater proportion to be cash flow positive).
Realistically, I am looking at a longer term time frame( 5 to 10yr plan) so Im not expecting these…[Read more]
i have been doing a lot of reading recently about investing in Qld as i have been a little concerned about the stigma of multi-tiered marketing attached to it. I have also been concerned about the small amount of growth in Qld in general in the past 7 years although things have definitely been on the up recently.
im in Sydney so i do not know…[Read more]