All Topics / General Property / IP location…comments please

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  • Profile photo of picklesampicklesam
    Join Date: 2004
    Post Count: 55

    hi all i bought this one 2 years ago at lake mac.NSW but i don’t think the value’s gone up at all, any comments about the location will be appreciated…i don’t know whether to hold it or sell it and buy a unit in Brisbane…the white cross is where the IP is….

    Profile photo of L.A AussieL.A Aussie
    Join Date: 2006
    Post Count: 1,488

    Values in many parts of Aus haven’t gone up much in the last 2 years.
    I wouldn’t sell yet – you bought at near the end of the recent boom.
    L.M is a fantastic location and you are right near the water etc.
    If you can hold it it may be worth while.

    [email protected]

    “we get sent lemons; it’s up to us to make lemonade”

    Profile photo of Paul DobsonPaul Dobson
    Join Date: 2003
    Post Count: 1,196


    I agree, i.e. I would hold onto it.

    Cheers, Paul

    Paul & Karen Dobson
    Turn your negatively geared property into positive cashflow.
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Viewing 3 posts - 1 through 3 (of 3 total)

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