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It used to be called double JJ. Makes me old if i knew that hey. If that doesnt, the fact that my radio is locked onto 576 RN surely does:)

We bought in october 09 for $531k and settled in december 2010, a few months ahead of schedule. Prices had already jumped around $50k. Still, i was probably lucky and wont be doing otp again. Next time we will wait for brand new oversupplied stock at a discount. 2015 or so i reckon:)

On the converse, if the bloody gov/ultra rich manipulators didnt keep puting speed bumps/ road spikes and finaly ,concrete barriers ( ie EXCESSIVELY HIGH CASH RATES) in the way, a lot of us wise stewards of our finance would be a lot richer. But the powers that be dont want that:rolleyes:

And what do you sugest the reserve bank should do when the economy and jobs are contracting.Do you know what the RBA mandate is:confused:

And the best point is-burglar friendly

I can relate, I looked at a 2x2x1 in zetland back in late 06. 4 year old ,top floor, north aspect into internal courtyard,crossover design. Agent said vendor would accept $445k. I blew it. It could sell for $630k or more now and rent for $650-680 pw. Thats why i dont think cap gain is limited to...

Hi propertunity, would you cosider stock that was built about 8-10 years back and adjacent to harry's stuff worth a look. (refering to vic park zetland).Thanks

I bought otp in april 09 for $385k, settled nov 09 and sold nov 2010 for $450k. I also bought OTP nov 09 $531k with stamp duty concession, settled dec 2010. Current value $620k-640k with 6% yeild.It comes down to timing and knowing the market your buying in and also checking the developers track...

Sorry if i came across a bit defencive. I just get a bit annoyed when people harp on about strata costs. Not to say it isnt to be considered, but one needs to look at all the components to make a judgement. For example, $700 pq strata=$53 per week as aposed to $1000 pq =$77 per week. but an...

would you prefer to earn $50 pw less on the same purchase price to save $600-$800 per year:confused:

Have you considered Victoria Park in Zetland. The transport is good,4 different bus routes all intersecting within about 250 mtrs radius and all going to city centre, green square train station 6-7 min walk and 2 stops to city. As for cap/growth-etc, 2bdr's can be bought about 600ish and rent...

where i live(vic park zetland) there is only 2 or 3 apartments vacant out of about 2,000 and rents have increased about 10%+ in the last 6-9 months. I call that massive demand

the unit is about 100m away. But its a subway.There are 17 apartment blocks around the station precinct and currently only 4 2bdrs vacant . Only issue would be aircraft noise

the unit is adjacent to mascot train station (2 stops to cbd) has 2 bdr and 2side by side car parking

Just to back this claim, Iam paying $609 pq on a investment property with a lift and mine is on level 9 of a 11 storey block. That includes gst also:D

Hi, you cant go past james kennedy. known him personally 25yrs,got him to manage my ips. He treats your property like his own. [email protected] . His office is in woolahrah but has properties all over the eastern subs/ inner west

congratulations on reaching your goal. what you think is achievable is a certainty, you just have to do it

If values get back anywhere near 2009 levels. Im out of there. The place is a JOKE, and its not funny:mad:

christopher joye has been spot on ever since i started taking note of him a few years ago

baaaahhhmen to that brotherrrrrr