Search results

I guess my point was not really about comparing which is a better strategy, all to their own, one shoe does not fit all. Today's figures/end values are just what they are, on completion they may end up higher or lower? Skinny profits on a development will only hurt more if the market goes...

Get your point. However, I am not a big time developer though. I am really just a small fish in a big pond. I am talking relatively manageable debt for me and whenever I can I try to bring cash back on the table to reduce debt. Also smaller developments perhaps $1-3M tops, one project after...

Sash I can tell you from experience developing regardless whether land and house packages or 3 unit site etc. all still have associated risks, because anything can happen during the building process. Last time I built land and house it took 18 months to complete due to crazy boom times...

Agree, RBA won't be raising IR anytime soon. Au$ attractive for o/seas investors. One strategy to slow the market - tighten finance, not sure whether this will work? More steam left in Melb market, watch this space:)

I think it got close or hit 75 this year, but it recently went close to 80.