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  1. M

    Melton (VIC) buy or not to buy?

    what's that figure 30K, 50K or 100K?
  2. M

    Melton (VIC) buy or not to buy?

    Again no disrespect - i have bought in point cook land planning a built house - so i'm not against the wyndham council areas. but buying now for 250K to see it grow to 450K in 2016 - is too long a time. i can get that capital growth (after expenses) in half the time through renovating. As for...
  3. M

    Melton (VIC) buy or not to buy?

    Fair call - unfortunately opportunities like these do not exist anymore. yes 10 years ago and 5 years ago. now it's a whole new price tag. Say someone who was in uni or school in 10 years or even 5 years ago would not be able to get on the property train as those who were there earlier. I don't...
  4. M

    Melton (VIC) buy or not to buy?

    good on you. No comments on werribee. 5 years for assuming the properties are sold today for a gain of 250-300K. No disrespect - In my opinion that's not a lot of growth for that time period.
  5. M

    Melton (VIC) buy or not to buy?

    interesting hypothetically - if you sold - with stamp duty etc (not including tax) it could be around 250K-300K in 5 years? Positively or negatively geared?
  6. M

    Melton (VIC) buy or not to buy?

    just curious - Is that 375K after all expensese, interests, rates etc or is it just capital growth?
  7. M

    Melton (VIC) buy or not to buy?

    Been there once - not really my cup of tea unfortunately. Yeah if the marina gets build things would be different - still other places to make money
  8. M

    Melton (VIC) buy or not to buy?

    Just seeing the underlying factors on each particular suburb. There are many areas to make money just i wouldn't invest in werribee. Just my 2 cents - no offence
  9. M

    Melton (VIC) buy or not to buy?

    i dig point cook, williams landing etc. For werribee - the **** farms up there..stigma not really a go for me unfortunately.
  10. M

    Melton (VIC) buy or not to buy?

    i think the best way to put it is quality immigrants. The 3 main Asian groups consists of Mainland chinese, Indonesian and Indians buying in the point cook area Mainland chinese even the middle income ones who come here to buy property are considered to very wealthy compared to the average...
  11. M

    Melton (VIC) buy or not to buy?

    yup - western suburbs fastest growing population in Australia
  12. M

    Melton (VIC) buy or not to buy?

    don't forget you paying interest on CFDs as well. If options you taking a contract out with an execution price. Hard life to make a buck in Aus i believe. I was reading this link about some chinese guy who saw prince william's engagement ring and made a replica and orders starting flowing...
  13. M

    Melton (VIC) buy or not to buy?

    shares are going to take hit. Brisbane floods leading to reduced production of resources of some major listed companes which form part of ASX200 companies. GDP going down, inflation going up. I don't believe shares are a good option Unless you buy shorts using options or CFDs (try igmarkets...
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