Recent content by parra1

Hi Strongy & Toon I already have a couple of dud IP's. Feel like I am always one step behind. The media frenzy and crazy Sydney prices creates the pressure to get in the game and get the property before it reaches the Sydney stage. There are arguments for Canberra - Adelaide - Brisbane...

Hi Guys, Been doing plenty of research of late. I am now suffering from analysis drain. I am bouncing around all over the place. Looking for an investment with about 10 year time frame. Willing to spend about 600-650K max for 4 bedroom x 2. Sydney is just too much for what I am looking...

Been reading a bit about Tamworth of late. Appears to be going along quite nicely. Bit happening there in terms of infrastructure and just today the Mayor was putting his hand up for Immigration relocations. I saw a cheapie on the web with good rental yield. West Tamworth looks good IMO ...

Thanks Hugh, Can afford to hold it, but If I decided to sell it now - I would definitely record a slight loss after factoring the selling costs etc. Suppose I am hoping for the place to go bang and get a great run like other places such as Darwin did, Sydney etc... Looks like I may...

Hi Cliff Ours was similar off memory about $2500 for the 4 X 2 House in Douglas. Some great replies so far thank you. Just wish there was more incentive to keep holding on for that ' run ' to happen. Been 6 years without a cracker of a rise. In that time rents have dropped and...

Hi there, Looking at various reports and commentators stating Toowoomba is the fastest selling region, where Brisbane, the Gold Coast, the Sunshine Coast, Toowoomba and Cairns , all showed rising annual median house values of approximately 1.5 to 1.9% on average each quarter over the past...

Hi Looking for something that will be given to my kids in 10 years. Something that has potential to grow , gets reasonable yield and I can lock them into the market NOW rather than trying to get something 10 years down the track. Mulgoa rise is a nice big estate and well started. About...

Hi guys, According to my friend - his uncle doesn't want to tie himself up for 2 years on this project. He said he was happy with the project, the price and the potential. I only raised the prospect of taking it off him as the house/land market is crazy in this area with Jordan Springs...

Hi All, A good friend's uncle has placed a deposit on a 2 bedroom apartment off the plan. The project is located in Kingswood/Penrith NSW . The complex is being built on vacant land across from the Nepean Hospital. The advertisement read : BRAND NEW APARTMENTS Nepean Private & Public...

Hi All, A good friend's uncle has placed a deposit on a 2 bedroom apartment off the plan. The project is located in Kingswood/Penrith NSW . The complex is being built on vacant land across from the Nepean Hospital. The advertisement read : BRAND NEW APARTMENTS Nepean Private & Public...

Thanks Guys, now where is that bridge LOL. As they say it pays to have a good team behind you. Something I regret now.

Hi All, I am hoping I can get some advice please so I can plan my next move forward in my portfolio. I currently own 4 IP's and my PPOR. I am looking at possibly selling one of two of the poorer performers and buying another in Sydney. My current situation is this : Property...

Mate I have used Coral Sea for past 14 months and they have been excellent. They are certainly a little ' out there' but considering the current vacancy rate and market issues I am glad they got someone locked in straight away. The property is in good condition and I am happy with the...

Hi Guys, How is Aldinga Beach, O'Sullivans Beach , Christies Beach areas going ? Still some cheaper houses down there. Not much land available from what I could see. Do you see much long term potential for those areas ? Or still better to head closer to the CBD ? Thanks

Hi guys, Been doing some digging on Regionals and MILDURA keeps coming up as somewhere with potential. Reasonable growth and good yield and entry price for a typical 4 bedroom is cheaper than other regionals of similar size. Most commentators have Mildura as either watch closely and...