Search results

How many times reserve bank meets to review interest rates per year? By what increments do they normally increase the interest rates? Are people not able to fix their rates for 2-3 years? What stats exactly do you expect to see? Onto the second paragraph, I suggest to speak to REAs. There...

Interest rates cant go that much higher that fast. Not to mention many will have their rate fixed for 2-3 years. At the end of the day the jump-start of property market in Sydney is asian money, not everything is about them but they are definitely driving the market. Interest rates are just...

Very good point, at the moment market is close to peaking and also the time of the year is not right.

I am not set on those suburbs, they are just more of a starting point for me. You are right but in any case there are suburbs with good potential. For examples the reason Ermington sky rocketed was that the next suburbs Ryde was already too expensive and people moves slightly towards west...

Thanks, there are a few valid points above. I dont think we will witness a major drop in property values in Sydney in the next couple of years, it is always possible but not highly likely and if that does happen, given the prices people pay for a house right now it will cause a great...

If I was actually asking for someone to tell me the next big hotspot, do you think anyone could do that? Why are people so opinionated? I am just asking how some of the suburbs are going to perform in the next few years, it is all about making an intelligent conversation. Could it be...

Ok, I agree with the people that mentioned there is a risk element involved as everyone else also wants to build. But it is almost identical to saying if you invest money in the stock market there is a risk element involved because many other people also want to make money from the stock market...

Zach, we are talking about the comparison of a number of suburbs now rather than what was discussed in 2009. Would you mind using the search function to find me one recent topic that attempts to compare the said suburbs? I would really appreciate that.

I have done the numbers based on today's market, based on what the land sells, approximate building costs as well as other costs. The only way that we wont make a profit is if the market goes down. The reason I have made this topic is that I know the mentioend areas above have grown but...

I take it not many people are interested to comment?

Hi Everyone, I am new here and I have been researching over the past few months around property development. I have been looking into Sydney western suburbs for building dual occupancies as short term investment (build and sell asap). In particular I have been watching Dundas / Dundas...