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  1. J

    First IP in Sydney with 800k deposit?

    I would possibly consider a unit given the median is 350k? Which is a lot less than Sydney, the yields look better than Sydney too (just brief research). Maybe buy 2br Unit in Brisbane for the time being then focus on buying into Sydney in the next few years? Thanks for the responses
  2. J

    First IP in Sydney with 800k deposit?

    So I guess just continue reading on somersoft, keeping an eye on interest rates and property prices on areas I am wanting to invest in for now?
  3. J

    First IP in Sydney with 800k deposit?

    I was always told "time in the market beats timing the market" from an Uncle of mine who heavily invests in shares, does this not apply to property investment?
  4. J

    First IP in Sydney with 800k deposit?

    Thanks for the speedy replies! Throughout history has Sydney ever experienced consecutive years of negative growth? Must be a Sydney thing but everyone keeps on reiterating how Sydney prices never go down. Also what do you guys use to view real estate data like growth, yield etc...
  5. J

    First IP in Sydney with 800k deposit?

    Hey guys, Very recently I have sold my business which I built up from scratch and am now left with $800k cash in my account to invest. I am currently in a position where I am un-employed due to selling my business but am seeking part time employment currently whilst finishing off my...
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