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  1. D

    Melbourne suburb, below $350K, good cap growth and rental

    er...partnerships was just one strategy. Obviously may not work for certain scenarios. There are other strategies such as setting up a company trust, have family guarantees, houses put up as security, refinancing, exotic options etc...
  2. D

    Melbourne suburb, below $350K, good cap growth and rental

    Agree with Aazar totally. Giddyup, you sound like the type of person that advocates having a little $20k deposit and then buying the best thing with it at the lowest entry point. You obviously have no understanding of savings, patience or alternative strategies like partnerships (like Aazar has...
  3. D

    Melbourne suburb, below $350K, good cap growth and rental

    Sash, I think your 42 year old brain of yours is affected with amnesia. You obvious don't remember I have a house in Brunswick and no, I am not Aazar.
  4. D

    Melbourne suburb, below $350K, good cap growth and rental

    No offence Giddyup, but what is your point? Are you trying to say that Aazar can't afford buying in Broadmeadows but he can afford inner east blue-chip properties?
  5. D

    Melbourne suburb, below $350K, good cap growth and rental

    http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106251605&f=10&p=10&t=res&ty=&fmt=&header=&cc=&c=18994293&s=vic&tm=1264428491 As one of several examples of 1 bedder apartments well under the $350K price range. We don't always have to be talking about houses. Apartments and the like can...
  6. D

    Melbourne suburb, below $350K, good cap growth and rental

    Why would they be laughing? Glen Waverley and Box Hill are still cheap places to live and in absolute terms, have not enjoyed the same capital growth as other suburbs like Kew, Hawthorn, Camberwell, Balwyn etc...over the past two decades. You buy with the intention to upgrade to a better home. I...
  7. D

    Melbourne suburb, below $350K, good cap growth and rental

    Ah, Sash, here we go again! I am nowhere near living or buying in Toorak - well, I could, but not the type of houses we are implicitly thinking of (I live in Fitzroy - you should know that as I have mentioned it several times). Job definitely not $1mil and no beautiful girl but if anything, I...
  8. D

    Melbourne suburb, below $350K, good cap growth and rental

    I don't need surveys...it is pure human psychology 101 mate. People want the best out of everything. Everyone wants to live well, dress well, eat well, bang the hottest chick (or seduce the hottest guy, haha) etc... People only masquerade otherwise because of affordability and not wanting to put...
  9. D

    Melbourne suburb, below $350K, good cap growth and rental

    $8mil cash won't get you very much in Toorak these days. If your lucky and Lindsay Fox is drunk, you might be able to afford his front gate on Irving/Albany Road. Your friend obviously suffers from tall poppy syndrome. With $8mil cash, he/she will surely live like a king/queen in any other...
  10. D

    Melbourne suburb, below $350K, good cap growth and rental

    Amazing_venice, it is obvious your assumption that 'lots of people' want to live in Point Cook is incorrect. You have ignored (probably unknowingly due to perhaps a biased opinion) the difference between 'wanting to live' in Point Cook and 'having no choice, but to live' in Point Cook. If people...
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