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    Why Must Banks Lift Rates in Line with RBA?

    Very simple answer, the bank is there to make money! The cash rate represents bank's funding cost "floor" in the market, so for them to able to fund future loan originations, they have to pay at least this rate to get the funding. Variable rate on their mortgage book is the benefit they will...
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    shanghai real estate

    Kum Yin, do you know how big the apartment was as typically property in China gets quoted in ¥ per square meter. So you can work out the ¥ per square meter cost back in 2003. I have checked a couple of websites and the price on sale are between ¥35,000 - ¥42,000 per square meter for 1...
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    [NSW]Castle Hill....OK??

    Should be Ok I know quite a few people who lives in Castle Hill and catches the express bus into city for work. It takes them around 1 hour in the morning and it goes through M2. I have also know people who drive to West Pennant Hill station and catches the train into city. Seems to be a...
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    just relocated to Sydney.. where to start!??

    For house, anywhere after Blacktown in the west or after Glenfield in the south west. For units, there are plenty of suburbs. Some of the suburbs around Bankstown like Lakemba and Wiley Park has the highest yield in Sydney. And if you look hard enough, you can buy two with your budget.
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    Studio in North Sydney

    Good on you, Lane Cove is great, bus will get you to North Sydney in 15 mins. Price is probably the cheapest in lower north shore. However, the same price that will buy you a 3 bed room apartment in Lane Cove will buy you a big house in Guildford with a good block of land. Again, welcome...
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    Trying to choose between two properties

    From an investment point of view, definitely the terrace if you can afford it. In long run, anything with land attached to it will always have high CG compared to apartment. You have just mentioned that there is opportunity to add value as well. I don't know how the apartment in Botany...
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    Power Lines

    I use to live in an area where big overhead powerlines go through a nearby park. In the morning where I use to go for a run, I can clear hear a low buzzing noise from the overhead coils when I am close to these giant towers. Apart from the possible health issue, I wouldn’t want to live...
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    Ultimo apartments

    Did a search on Domain and can't seem to find any other apartments in Ultimo that is between 200k - 250k apart from the Unilodge ones. No problem with other apartments in Ultimo but they won't be in the price range you've mentioned.
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    Area to invest - Homebush West

    Not problem with Homebush West but I would not buy into it now. Given the price range of these units appeal to first home buyer and price are inflated as the result - was looking at Homebush West two years ago and the price are typically 30k lower. Also, I would stay away from the west side...
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    Hurstville Unit

    Local boy Depends on a number of things, how cheap is “it seems cheap”, what kind of strata fee are you looking to commit in 18 month if you were to purchase? Are there any other developments going on in the area? I have never bought off the plan so not sure what implication of a sunset...
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    Holsworthy South West Sydney

    30 - 40 mins drive will easily be double in the morning peak hour. M5 will typically be bumper to bumper until King George Road. But you can reimburse the toll fee.
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    Buying in Roselands, Sydney

    Roselands has a more family friendly environment compared to some of its peers like Lakemba, Punchbowl. It has all the facilities and I think having a "better" reputation does contribute to the price. However, transportation will be a factor. Unless you are on the absolute southern end of...
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