All Topics / Finance / student accom. apartments

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  • Profile photo of blazeblaze
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    @blaze
    Join Date: 2007
    Post Count: 60
    Profile photo of umeume
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    @ume
    Join Date: 2008
    Post Count: 37

    hey blaze, in ur excel calculations the figures you've assumed is a bit bias towards renting :P if you were to invest in growth properties ideally the average growth p.a. is 10% at least.. whilst the rental returns in ur calculations are pretty much as good as it gets. nonetheless it clearly shows the tieing up of cashflow for capital gains.

    Profile photo of blazeblaze
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    @blaze
    Join Date: 2007
    Post Count: 60

    When I was making that post I was looking at this http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2006874220

    130K is the asking price. You may deal it 5 – 10% lower the asking price which will make the rent rate to be 11%

    Also it is 10 years projection. If it is longer then growth will win. And if it is only 5 years, hands down to the apartment :P

    Profile photo of TerrywTerryw
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    @terryw
    Join Date: 2001
    Post Count: 16,213

    One of my friends had an apartment in uni lodge about 6 years ago – she was trying to sell it for about $120,000 then – which was what she paid for it about 4 years earlier.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 4 posts - 21 through 24 (of 24 total)

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