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  1. 2

    What's gonna stop the Sydney boom?

    I think a lot of suburbs get labelled as gentriying when the only reason they increased in value was the domino effect from other suburbs increasing. That's my take on Mount Druitt.
  2. 2

    What's gonna stop the Sydney boom?

    Haha thanks. With regards to the solar it's a selling point because the tenants save around 1k-1.5k a year on electricity bills. It's a good marketing strategy. The $20 a week the tenants save on rent can easily be added to the rent price. The only downside with Elizabeth is that it's a...
  3. 2

    What's gonna stop the Sydney boom?

    I like the north side. 7%+ yields. Check out this place for example. http://www.realestate.com.au/property-house-sa-elizabeth+park-119530279 165k free standing house with low maintenance. 688sqm + solar panels. You would get $260 a week rent for it easy. If you want to settle for 5%...
  4. 2

    What's gonna stop the Sydney boom?

    Besides interest rates for the Sydney market it would also come down to dwelling supply, population growth, and foreign investment. If there's a decrease in immigration, a glut of supply, and a crackdown on foreign investment capital growth will be minimal at best. Given current trends that all...
  5. 2

    What's gonna stop the Sydney boom?

    Yeah there are definitely bargains to be had in Adelaide. My last purchase was in February and I'm worried about job security atm. If I had a permanent position I would be on the prowl but because I'm only temporary I don't want to over-leverage myself.
  6. 2

    What's gonna stop the Sydney boom?

    There must be a lot of people with some fat pockets or heavily leveraged. How much rent are you going to get for an established 750k house in Fairfield? $500 a week? How much potential is there to raise the rent in the future? As a buy and hold investor with the yields in Sydney it just doesn't...
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