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  1. B

    Six figure deposit and want to get into Sydney property market

    Many South Western suburbs haven't had the excessive growth of the North West so IMO they could have less room to fall in a downturn, but Glenfield is not one of those suburbs ( its already too expensive) Ingleburn (which is next to it) offers better value IMO and particularly for...
  2. B

    Six figure deposit and want to get into Sydney property market

    The infrastructure spending has already been priced in (property prices increased for this reason). Schofields is in a flood zone, when we have heavy rains you will be looking to find your underwater house. There are some high streets but I think they've already been sold out. IMO not in the...
  3. B

    Six figure deposit and want to get into Sydney property market

    DEFINITION of 'Boom And Bust Cycle' A process of economic expansion and contraction that occurs repeatedly. The boom and bust cycle is a key characteristic of today’s capitalist economies. During the boom the economy grows, jobs are plentiful and the market brings high returns to investors. In...
  4. B

    Six figure deposit and want to get into Sydney property market

    I'd agree if it was part of your investment strategy. and if you were at the end of a bust cycle and not at the end of a boom cycle. Holding multiple properties at the end of a boom cycle is only going to give you pain and suffering for no short term benefit. IMHO
  5. B

    Six figure deposit and want to get into Sydney property market

    Mick How do you know that prices won't fall? I can think of a few potential causes. At present APRA wants banks to limit investor loans and to not discount them. At the same time the government could come up and ask us to defer -ve gearing losses for when we sell the IP...
  6. B

    Six figure deposit and want to get into Sydney property market

    Rob If its only an investment I'd say b) However, the problem with b) is what are you going to do with your cash while you wait? If I were to go for a) I'd buy a cheaper property yielding around 4-5%, Perhaps a unit or a t/ house on the SW suburbs (where the growth hasn't been excessive)...
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