Search results

  1. Simon

    FHB in Newcastle

    Hamilton and North Hamilton are quite different. But in a good way because Hamilton North seems to be catching up to it's more popular neighbour. Sounds like a good buy.
  2. Simon

    FHB in Newcastle

    I wouldn't live in Cardiff. Would consider an IP there but I think there is better CG elsewhere.
  3. Simon

    FHB in Newcastle

    I have a very unattractive busy road near me that noone ever buys on. Yet in the last two years there has been a boom in the properties traded there. They get done up and are rented out. I suspect that these are bought by investors who then raise the yield by a quick tart up. The...
  4. Simon

    FHB in Newcastle

    Port Stephens is not like Newcastle. They were hit much harder during the recent downturn so this may mean a bargain might be found. But They don't have any major employers up there and seem to be a lot of retirees living there for lifestyle. Rental is tougher there. Vacancy rate is much...
  5. Simon

    FHB in Newcastle

    I own a student rental place in North Lambton and have about 6 years experience at managing this. It isn't for everyone and can be quite hands on - but I love it. Will buy another when the time is right. Cheers,
  6. Simon

    FHB in Newcastle

    Newcastle is always tight for rental properties so if yopu buy at the cheaper end of the market and make it habitable you will easily let it out. Considering that everything is rentable you should focuss on the suburbs that should do well with capital growth. In my mind they are the inner...
  7. Simon

    FHB in Newcastle

  8. Simon

    FHB in Newcastle

    Mayfield East is the best part of Mayfield. The further west you go the worserer it gets :) New Lambton and Lambton may feel overpriced but it is in very high demand. New Lambton has one of the best state schools in the district and people buy here just for that reason. It is a lovely...
  9. Simon

    FHB in Newcastle

    I wouldn't buy in Birmingham Gardens nor would I call that agent a liar based on the info provided. Forget the boom - those figures are not to be factored in. 2-3.5% is not going to make anyone rich. The agent is right - there are better suburbs for capital growth and better suburbs for...
  10. Simon

    FHB in Newcastle

    I am busy looking for a new PPOR here in Newcastle. The market certainly is hot atm with anything decent under $500K not staying on the market long. I am looking in similar suburbs myself. If I was just looking for an IP I would have found it by now - and prob be sitting on a bit of CG...
Back
Top