All Topics / Help Needed! / Investing in New Estates

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  • Profile photo of djbakkerdjbakker
    Member
    @djbakker
    Join Date: 2010
    Post Count: 1
    March 15, 2010 - 5:40 am

    Hey guys,

    Just curious on what your thoughts were with investing in new estates on the outskirts of major cities were. eg South Morang, Lyndhurst, Caroline Springs (back in the day)

    Basically the idea of being able to pick up a brand new house (depreciation benefits) along with an expanding population (a lot of family's with younger kids typically buy here, so 15 years down the track is looking pretty good) seams to me like it could be a good choice. However, my main concern I guess is that most families could afford to just buy a property instead of rent.

    Has anyone had any experience in this delphin type estates?

    Cheers

    Dean

    Profile photo of basbogbasbog
    Participant
    @basbog
    Join Date: 2010
    Post Count: 58
    March 15, 2010 - 5:57 am

    Hi
    I brought in Palmaston, Darwin 7 yrs ago, Delfin estate, purchased 227k now 500k+ rent 490p/w, speaks for itself.

    Bary

    Profile photo of YoungInvestorYoungInvestor
    Participant
    @younginvestor
    Join Date: 2003
    Post Count: 377
    March 15, 2010 - 10:28 am

    One word, Delfin

Viewing 3 posts - 1 through 3 (of 3 total)

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