Recent content by young_gun

I am eager to know how those of you that are amateur or experienced property developers came to learn about property development. I understand that there is no substitute for experience but then again there is allot of learning that is required before you can jump into the deep end. Can anyone...

What specifically are you looking for as this will depend on where you look. West Pennant Hills and Pennant Hills you will struggle to find anything more than a 3 bedroom place. Thorneligh you can get a decent size / quality 4 bedroom place. My money would be purchasing something in Castle...

I work for one of the larger subsidiaries of Westpac and must admit I havent heard of this channel before. In terms of whether it is worth your while you would need to decide whether there are any financial products / services that you are looking at purchasing. At the end of the day it doesnt...

Hi All I am 23 years old and have acquired a couple of investment properties over the past couple of years. I have a sucessful job working in the Finance industry and have managed to climb myself upward from the bottom. I believe strongly in that whatever you put your mind to in life you can...

I looked at a few houses in Seven Hills around the music bowl. One of them that I was keen on was $480k 4 bedrooms but needed a lot of work. Its hard to say what the rental return would be but I would say around the $450 per week mark. If you could get the house for $500k it wouldnt be too bad...

I have been doing a little bit of reflecting lately, looking at my short, medium and long term goals and I have decided that as a long term goal I would like to get into property development. I would like to start small and as I become more experienced slowly build up. I am 22 years old and...

Not long ago Kellyville, Rouse Hill etc where seen to be in the middle of nowhere yet they have recorded strong growth. Just because there is land there doesnt mean there will be a cap on growth.

Hi All was wanting to know what you think about the growth prospects of outer Western Sydney ie - kellyville, rouse hill, beaumont hills etc. . . I have recently purchased a 4 bedroom + study off the plan for $535,500. Although the block of land is quite small the area has a good vibe to it...

Hi All What are you thoughts on Fawkner in Victoria? I live in Sydney and dont know Victoria that well however it seems like this suburb and bits of Coburg are quite good value. The suburb has a train running through it and is only about 10km from the Melbourne CBD, furthermore its not too...

hey guys a couple of years ago when I was looking to get into buying an investment property I looked into buying one of these apartments at Broadway through "uni lodge". My advice to you stay away from these like the plague!! When I was looking at buying one of these I did some reaserch...

I have been looking at houses around this area and it is an affordable subburb. I was thinking about purchasing here however the yields are not as strong as I am looking for and whether this place will take off from a CG perspective is a bit touch and go .

Hi Jase , The reason the correction hasnt happend earlier is because a number of occurances have conituned to drive the market, but these factors cannot and will not last forever and the market will adjust to them, these factors include: - Additional investment in equities that was...

By limited borrowing power im talking $300 - $400k range. Also id be extremly weary to put any money in managed funds or shares at the momen, I think id wait till the correction.

I have a scenario I have been thinking over and I was wanting to know what everyone would do in this situation. Also I should mention that this scenario is fictional and doesnt relate to me in anyway. What would you do if you had $200k and you owned 0 properties, you are fairly young and...

It doesnt really matter it just means yields will become more attractive. Where is all this public land going to come from? I cant see this happening. Besiders even if the Govt could develop certain areas in no way would it signifcantly influence the market. Good news for the shares ...