Thanks All
Many thanks people.
Judging from the consensus it sounds like Frankston Vic and Ipswich Qld are the best bets at the moment.
Going to research them both further - be great to buy one in each, just need to sort finance which seems to be getting harder and harder to get as the...
The way I weighed it up was that it was a reasonable yield 6 percent and a relatively low cost investment (under 250k) The place is very close to the beach and twenty minutes to glenelg and forty mins to the city.
If it doesnt gain much in value in the next five years I'm pretty confident it...
my two pennies worth
Im from Sydney so not that qualified in the SA market but I'm just about to complete on a placve in Christies beach - hoping the area comes up in 5 years or so. Fingers crossed.
Kempsey for me
I'd go straight for Kempsey myself - why waste the buying and selling fees on buying now and selling in two years, personally I doubt you gain.
I own in Sydney (ppor) and also Kempsey myself and I must say that although my Kempsey property hasn't had a great deal of capital...
Hi All
Just curious really. It's time to buy again for me and with so many choices I'm wondering where you people would put your money if you were looking for a buy and hold property.
Don't know if anyone else feels the same but from what I can see McGrath in Sydney constantly under advertise the values of properties. I can see why they do it but it puts me off looking.
Does anyone else think the same? - I'd be interested to hear opinions about them or strategies as they...
My error in this instance was in the wording of the termination of services - I wrote to them saying that I did not require their services as of now and that I'd found a property myself - in hindsight what I should have done was issue thirty days notice and not told them that I'd bought...
dont bother
hi
I contracted a buyers agent for my ppor in Sydney and paid them 3k deposit - I cant remember the exact deal but it was something along the lines of 2.5% of the value of the property. We were looking for something around the mil mark so a good chunk of money. The buyers agent...
Thanks Again Everyone
Its great to hear all the feedback about Christies and Umina - from what I'm reading I'm now thinking Christies may be the better opportunity.
Cheers all
Pete
Thanks Everyone
I think I will make a stretch and go for one each - if I can find the right properties. Both areas seem to stack up long term.
Thanks again
Pete
Im based in Sydney and looking at two Ip's and cannot decide which area has the most potential capital growth. Christies Beach in SA or Umina Beach inNSW.
Looking at places in the early three's, being based myself in NSW makes Umina seem the obvious choice but I've heard good things about...