stand alone houses with lands >500m2
invest is for making capital gain
risk tolerance, in 5 years the price won't go down.
cash flow, i will be able to pay 2 years mortgage without job and rent income.
250K deposit for IP.
I am thinking about buying two houses around $400k or spending on one house around 800K.
eg. in central coast.
buy 2 $400K house in Wrong, blue heaven, San Remo, Lake Munmorah, toukley.
Or 1 house around $800k in Terrrigal, killcare, avoca, umina, st hubert...
regarding to flood, I found this sea level rise map
http://www.gosford.nsw.gov.au/environment-and-waste/environmental-management-and-planning/sea-level-rise/sea-level-rise-mapping
but it?s not flood map yes?
the place is facing south unfortunately...
http://www.wyong.nsw.gov.au/environment/flooding/map-of-wyong-shire-floodplains
what's those colours in map stand for?22R yellow area?
I am looking at a waterfront house in main road, Toukley,it?s a narrow road with water in both sides , and just saw a news that flood hits Toukley homes, what you guys think it a good buy or not?
Is it a good investment to buy in Tukley?