Here is a spreadsheet containing the LMI percentages for each price and LVR bracket to give you an idea.
https://drive.google.com/file/d/0B4PNf_BaGDzZbnRSUENqVHh3TVU/view?usp=sharing
This is the report I was given for South Brisbane showing population projections and infrastructure. Page 13 is what he pointed to.
https://drive.google.com/file/d/0B4PNf_BaGDzZX25WVGlBaDRNb00/view?usp=sharing
To Y-Man
I did get an expense report. Good to know it can be BS.
Thanks for your help. I am thinking a house in a suburb North of brisbane might be a better option.
Sorry, the companies investment strategist or salesman is telling me it's the best move for a 1st investment.
OK Cheers.
What's the best way of finding out this data?
He told me the established apartments in the area are not comparable because their quality is much lower and age much older.
Got some ammunition I can throw back at him?
To Y-Man
"Who assures you??"
The investor.
"How do you know? It hasn't been built yet...."
I agree, It's more expensive than Mirvac around the corner. Not sure on the size of mirvac.
"For what? Makimg big profits? Safe workplace?"
For quality of the build
" Evidence...
First time Poster & short time reader.
I have been dealing with an investment company who have led me to a 2 x 1 + Carpark 60m^2 Internal + 8m^2 Balcony in the new Aria Melbourne Residence in 109 Melbourne Street, South Brisbane for $579k
The reasons they gave me for why this is a great...