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  1. Brady

    Regional Investing-New South Wales..

    Yeah purchase at the end. Property I bought had been on the market for a fair while. Was very stale I watched for about 6months. I'm sure if it was fresh listing would of come close to its final asking price. I got it well under it's asking price which had come down over the 6months. I believe...
  2. Brady

    Regional Investing-New South Wales..

    FYI did a automated valuation today (AVM through CBA) find them to usually be a bit conservative. They can be used for lending purposes up to 80%. $307,000. Purchase price was $265,000 Nov 2012.
  3. Brady

    Regional Investing-New South Wales..

    Home now and read parts of the article, interested to hear from Mark.
  4. Brady

    Regional Investing-New South Wales..

    If the vendors is willing to rebate 6% What stops me from buying the property at a 6% discount on 'market price' therefor getting 6% NET. Your link isn't working for me (possibly due to being on work computer). So your sole reliance is on commission paid from builders/developers that you...
  5. Brady

    Regional Investing-New South Wales..

    From reading a few of your post it's clear that you specialise in new property as that is were you see the least amount of risk and you have found good growth. Do you only specialise in new areas? How does your buyers agency model work? Do you receive any commission/benefits from the...
  6. Brady

    Regional Investing-New South Wales..

    I've got a property in west Bathurst 3 bedroom 2 bathroom double garage brick highset. Not sure what the markets like now, bought it for $265k few years ago. Looking to get a re Val done soon
  7. Brady

    Regional Investing-New South Wales..

    Knighttm what's your thoughts on Bathurst? Have a property in West Bathurst, loan is coming off fixed hoping to tap into some equity but haven't followed the market too much. Struggling to find compareable properties, valuer will likely have the same problem.
  8. Brady

    Regional Investing-New South Wales..

    Sounds like great buying. Can't be too annoyed when gross yield is 15% and had some great growth... enough fat in those properties to cover some minor maitenance. Can't expect a maintenance free property @ $85k :) Can't comment on the semi's in Elizabeth because not what I think is best, If...
  9. Brady

    Regional Investing-New South Wales..

    ~50% growth in 15 months all on a 15% gross yield. More details on this please.... reno involved, cost, plans for the properties now?
  10. Brady

    Regional Investing-New South Wales..

    I went with Bathurst over Orange, diversed industry. Owned for just over two years havent had any issues with tenants increased the rent. By interesting to see what it would be worth, for what I've looked it looks like it's increased.
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