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  1. Q

    Primary Producing Investment - Agricultural Land

    Hello Everyone, I had an interesting conversation with a colleague at work today who shared some details about a 130 acre property in NSW that he initially bought as a hobby/recreational farm but then discovered that he was able to flip this into a primary production farm that housed ~30 head...
  2. Q

    Who have bought a property in Penrith Area in the last 12 months?

    Also considered Penrith but then found this article which seemed to deter me. This may not be as important to you all but just sending through so you are all aware http://www.actuaries.asn.au/Library/Submissions/Opinion/2012/SydneyFloodOpinion19032012.pdf
  3. Q

    silly question

    My first post as a newbie though here goes. I would like to answer with a question. I have been thinking that property is overpriced when the gross return < 6%. Why 6%?? Just a percentage that is closest to the current market interest rate that is still achievable in the current market...
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