Delta Strategic Holdings replied to the topic Investing in Mernda in the forum General Property 10 years ago
Developers don’t rarely get land from farmers for nothing and make millions. Unless your name is Facey (jokes).
Do developers typically make between 15-30% returns, yes. Do they risk millions to do this. Yes. Is it the glory business it once was. No.
The biggest winners in development are local council, SRO and ATO.
I personally…[Read more]
Vishal replied to the topic Investing in Mernda in the forum General Property 10 years ago
Thank you @soupy. Makes sense, I was also looking at truganina but heard similar things that its cheap because its far.



