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  1. Jake Milne

    Ashfield 2131 = Bubble

    Yeah I agree, interest rates are likely to go back up to the national average of 8% even though projections are saying 6%, 8 years from now... Still... pretty sure the example with a few more of these considerations makes the same point. Ashfield isn't in a bubble :) Tax was actually done at...
  2. Jake Milne

    Ashfield 2131 = Bubble

    Quite right, well said!
  3. Jake Milne

    Ashfield 2131 = Bubble

    You raise a good point Labrynth. Basing future assumptions purely on historic growth is silly. Thanks for pointing that out. The growth assumption you refer is taken from the forecasts of RP Data and Residex economic reports which are then adjusted by averaging them against each other. With...
  4. Jake Milne

    Ashfield 2131 = Bubble

    Preface: I don't think one can make assumptions on the state of an entire suburb based on a single sale and subsequent letting. Aim of this reply is to review the property as a singular investment. ---- Labrynth, first of all let me commend you on your approach. It's great to see numbers at...
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