That's interesting. Did you buy in Springvale?
I've bought into springvale about 2.5 years ago… got a 4bedroom house for $301k and it was "cheap", compare to the other 20x houses I looked at during that time… now valued around $430k – $450k (realistically guessing without exageration).
not 50% gain like chief Wigam say, but it is a good gain, a good decision to buy on my part anyway… haha
the thing about asian's, is that some of the older generation who don't speak english, love the area because they can speak their own languages at the shops and make friends of same nationality. If they live elsewhere, they wouldn't be able to socialise as such becoz of language restrictions.
i'm with duckster mate….consult a property advocate and get some profesional advice…well worth the fee as they will do the investigation for you….you may be able to do it on your own but if you stuff up the first one, you could be set back 5 years. if you get it right you could be ahead of the game and looking at retiring in 10 years….
were about to buy our first IP and wouldnt dream of doing it any other way….
You must be logged in to reply to this topic. If you don't have an account, you can register here.
