I would like to get views from the people who own the property in Tennant Creek. I am currently looking to purchase a property there but noticed there is only one real estate agency. I have had issues with Property Management previously in remote towns where there is a network between agents and...
Emerald has got a strong future and although the market is down now, the time for Emerald will come soon. It will boom again and when it does the market will skyrocket very quickly.
Hi, I am looking at strata titling my unit block (4 units in one title). But the issue is there is no fire wall in between the units. The unit block was constructed in 1970's. Spoke with the builder and he says fire wall may not be a requirement from council when the DA is approved...
Same Terry Ryder said in 2012 that Gladstone is the boom town to invest. Infact his very famous Boom Town report in 2012 had Gladstone the place to invest. He had Emerald and Mackay as boom town till 2013 and now he states it is no go zone. DO NOT TRUST THESE SO CALLED EXPERTS and do your own...
Folks, Photo attached. Need some ideas to improve the look of front fa?ade. Any ideas to paint or render? But rendering is extremely costly and may not give me the return in this location. Pure renovation project.
Strategy 1:
- Buy 10 properties at 100k each with a return of 12%
- Will make cash flow of 50k every year
- Risk: Lower socio economy and few repairs will eat your cash flow
Strategy 2:
- Buy 2 properties every year at 200k each, spend 25k for reno and possibly revalue at 275k
-...
Never buy units in Gladstone. You can buy a 3 bedroom house for 300-350k and 4 bedroom house for 375 to 450K. Prices have gone back to 2010 level which I think is great for investors and the prise is starting to stabilise. Again please do your own reasearch and make sure you can manage if things...
One of the top 3 places to invest if you are looking for a long term capital growth. There will be fluctuations and that gives people like me to go for that killer deal when market is down. Patience is the key.
If you are speculating then it is a different ball game all together and short...
Hi All, Just wanted to get some thoughts on Tennant Creek where there is good cashflow properties with great capital growth potential.
Does anybody agree or disagree (with reasons)?
"Fear when others are greedy and be Greedy when othersfFear". If investment is based on strong fundamentals then Gladstone is the place to buy. I bought a property in Jan 2013 and just in aprocess of buying one more. There are some panick sellers right now and there are some great oppurtunities.