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We didn't pay the 400 back then we backed out. We picked ours up last year for 267, 4x2 ducted air conditioning double garage etc and getting 330 per week in rent and a sizeable depreciation benefit this year. We are going to hold for some time I am not sure I would be into buying development...

I bought a 4 bedroom 2 bathroom double garage property in munno para west as an investment in October last year and paid under 270. I lived in Andrews Farm a few years ago (worked on the Northern Expressway) and we had signed a contract to build in Andrews Farm back in the hay day when a house...

I'd say less once people realise sydney is overvalued for an investor market

Which is why you take the northern expressway and south road

Might be a controversial statement on a forum full of brokers but my strike rate approaching the bank directly has been much better than going through s broker.

Good rental return and depro value and plenty of money going into improving the general area. My other ip is on a subdiv block in Perth.

I bought this about two months ago http://www.realestate.com.au/property-house-sa-munno+para+west-117712635

Our PM says 3 bedders are very hard to move out there because there are so any of them and there is strong demand for 4 br which is what we bought

Peachey Road. Only reason I knew about it was because it was on the ABC News Radio, which is surprising given I am in NSW.

Just bought around the corner from this https://au.news.yahoo.com/a/25527621/work-starts-on-munno-para-retail-centre-in-northern-adelaide/

Means it's s good time to buy, or is it better to buy in sydney when it has grown 16 percent in one year? more opportunity for growth in the long run in my view in places like elizabeth and major rural centres than the inner city.

Not bullish its a reasonably safe bet with modest yield and growth opportunity.

I was hoping the demise of the v8 Supercars would happen with Holden and ford going - got to be the worst over hyped sport on tv. As for housing, if anything, it will only make the rental market tighter. The Feds will do something, probably build the northern connector and continue...

Your time has a cost - how do you get insurance self managing?

6.6 discounted because of family connections. The going rate seems to be 7.7

The block is around 400 less easements and the house fills most of it at the back end. You are probably right the tenants have plenty of room as you can see from the photos. I think it was a good buy , my other ip is subdividable (going through rezoning) in WA. I prefer buying cheaper property...

No idea looking at it on Friday, big enough judging by photos which I know are deceptive and still waiting on original plans - suspect about 200 squares.

320 per week, we paid 267. My other ip is in Perth

I wanted something I would be happy to fall back on and live in if absolutely necessary. The rent return is great too and I am confident we got it for under market value (paid under the listed price).

Settled on this yesterday so this is IP 2 for me http://www.realestate.com.au/property-house-sa-munno+para+west-117712635