Recent content by qonyx_sydney

  1. qonyx_sydney

    Sydney - Differentiators between North West vs South West

    There is some decent Capital gain. I think the starting price for house + land (400sqm) is about 720k in willowdale. i'm guessing you bought late 2013 or early 2014
  2. qonyx_sydney

    Coombabah!!

    i have a friend who lives in hollywell and was up there a couple of weeks ago. i too am interested in coombabah, however given somersoft is going to close, why don't you continue this thread on propertychat
  3. qonyx_sydney

    Need advise pls – MIRVAC – HOME AND LAND PACKAGE – (GLENFIELD – NSW)

    Specififically in the local area... Prestons, Glenfield, edmondson Park, Horningsea Park. I'd be surprised if it was extremely different in the northwest, however don't know for sure. Some simple searches on rental availability should pick this up
  4. qonyx_sydney

    Need advise pls – MIRVAC – HOME AND LAND PACKAGE – (GLENFIELD – NSW)

    I've noticed higher and longer vacancy rates in the newer suburbs I put this down to the following - Large number of investors which is pushing up the available # of properties available for rental - These newer suburbs are is also the First Home Buyers belt, so there are a higher number of...
  5. qonyx_sydney

    Are Chinese boom suburbs the mining boom suburbs of tomorrow

    There seems to be a lot of focus on suburbs were foreigners, especially Chinese like to buy investment property as these typically experience fantastic capital gain due to the gigantic influx of cashed up investors. However do these suburbs have the potential to turn into the mining towns...
  6. qonyx_sydney

    when to SELL in Sydney?

    From what you are saying i assume it is positively geared, if that is the case why not hold onto it and use the the equity in the property to buy the 2nd IP in Brisbane. You will hear many stories from people (myself included) who have regretted selling investment properties especially if...
  7. qonyx_sydney

    Sydney Market at top - calling a severe correction in 2018-2019

    I live in the SW and just went for a drive around Leppington/Middleton Grange and there is "A LOT" of undeveloped land. I think the risk is that if developers and councils get their act together and accelerate land release this has the potential of supply overtaking demand, in the same way...
  8. qonyx_sydney

    Corrections in other high demand / low supply markets... (lessons learned)

    Los Angeles http://www.trulia.com/real_estate/Los_Angeles-California/market-trends/ Peak Median - 2007 - $600k Correction - 2009 & 20111 - $320k Current peak - 2015 - $625k The correction here seems to be more severe and could argue that this would constitute a crash. However it has...
  9. qonyx_sydney

    Corrections in other high demand / low supply markets... (lessons learned)

    Nice response and i did a bit of digging around on SF and noticed that it hit a peak of ~$800k in 2007 and dropped to hit a floor of ~$600k in 2011 & 2012. Whilst this is a reasonable correction - i would hardly see this as a market crash. You will note that it has since recovered and is...
  10. qonyx_sydney

    Corrections in other high demand / low supply markets... (lessons learned)

    I'm interested if anyone has any links or articles to other high demand / low supply markets like (ie. Hong Kong, London, New York, San Francisco, Vancouver) that could articulate the details of any correction phases that these property cycles go through. -What was the average percentage...
  11. qonyx_sydney

    Brisbane Bayside: North (Sandgate, Shorncliffe) vs South (Manly, Wynnum)

    Bringing this back to the reason for the thread is the question above Northside Medians Shorncliffe - $731k Sandgate - $535k Brighton - $440k Average across 3 suburbs $568k South Bayside Medians Manly - $710k Wynnum - $593k Lota - $569k Average across 3 suburbs $624k Obviously...
  12. qonyx_sydney

    Brisbane Bayside: North (Sandgate, Shorncliffe) vs South (Manly, Wynnum)

    Hello Everyone, I have an IP in Sandgate and realize that southern bayside suburbs such as Manly, Wynnum are generally valued higher than the Northside bayside areas like Shornecliffe, Sandgate & Brighton. On paper they seem very similar - both serviced by train lines - similar...
  13. qonyx_sydney

    Sydney Market at top - calling a severe correction in 2018-2019

    Another interesting article with some good information however seems to sit on the fence with regards to where the property is at the moment http://news.domain.com.au/domain/real-estate-news/the-housing-bubble-explained-20150606-ghha4m.html
  14. qonyx_sydney

    Wollongong Region: Dapto vs Warilla

    My opinion is that Coniston is too close to the steel works so suffers the same stigma as Warrawong, Cringilla But then again Port Kembla suffers the same plight - but is close to the beach.....
  15. qonyx_sydney

    Sydney Market at top - calling a severe correction in 2018-2019

    When i first listened to the podcast i thought 'holy cow - the sky is falling' and then after i posted, i googled the authors of the podcast and realized that they were spreading doom and gloom. what got me, was that their arguments seemed valid and rational so easy for a newbie like me to...
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