Recent content by Weteggs

Not true. It depends on supply and demand. If there is a glutinous amount of OTP apartments, then the price will appreciate very slowly. For example - Rhodes. My IP in the inner west has doubled in price whereas the same one I was thinking of buying OTP in Rhodes has gone up by only 10-15% in 6...

The only time that I would sell a positively geared property is to pay down the PPOR.

Yes that is the people who are buying. We were one of those people that bought our PPOR earlier on in the year. My wife and I bought two 2 bedroom apartments just after the GFC in the best place we could afford which was in the inner west and now we have upgraded and bought our PPOR on the...

You have probably missed the boat for investing. I would look outside of Sydney. If you really must invest in the inner west look towards the light rail line - Leichhardt, Lewisham, Summer Hill and Dulwich Hill. Oh and it's Annandale not Annadale by the way.

No and no. The only thing Auburn is good for is the food.

Totally agree. Doomsday spruikers and people who have missed the boat who say they are going to buy everything when it crashes are out of their mind. As if people will have the balls to buy when the market is crashing and the financial markets are imploding?! They didn't have the balls to get...

Yes you're right, certain ethnic groups are pushing the prices up certainly in Wenty, Greystanes and Pendle Hill. Same as it has done in Homebush. Having said that, the same has happened 10 years ago in Epping and Eastwood. So I guess it's just the cycle. So I think we need to consider the micro...

Totally agree. That's the same response I had. But it's actually 1.325mil for Wenty and 850k in Livo.

I was responding to posts about the 581 of Darling Square apartments that were all sold out within 5 hours: http://news.domain.com.au/domain/rea...23-gh822c.html There were posts 2 pages ago saying how outrageous an 800K 1 bed apartment in Darling Harbour was. I don't think this is any...

Getting into James Ruse or Baulkham Hills is solely to do with how smart your child is and how they perform in the Selective High School Entrance test. Baulkham Hills is ranked 1st with a mark of 235/300 and James Ruse is ranked 2nd at 230/300.

The sellers have done extremely well. In 2009 I had a look in the area and you could pick up a house on 600m2+ of land for around $500k. I feel that there's a lot of speculating developers or should I say wannabe developers buying big.

Yeah they look pretty nice for the owner occupier. Renovated, on largish pieces of land and on a bus route. Only thing is the road they're on is pretty busy.

In terms of money generated I stand corrected. Having said that I know that Parramatta contains a lot more hotted up cars with loud exhaust and even louder drivers than St Leonards and Chatswood. But if you had 1.3mil to spend/invest would you buy in Wentworthville, Chatswood or St Leonards...

I have driven up and down Bridge Rd a countless number of times and the streets that come off it where the 1.3mil house was situated and agree with you that they are total idiots or have some way to build a duplex and sell them for 1.2mil each. I am just saying that it is all relative. So if a...

So you would say Parramatta is a bigger commercial area than North Sydney, St Leonards and Chatswood?