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  1. C

    How many Properties in your Portfolio?

    I dont assume anything, I go by fact. The fact is over the long term, houses generally grow more than units. 'Assuming' units will catch up is a guess. Plus if I have a house, there is always potential to knock it down, and build units. But as with anything, there are areas where units...
  2. C

    How many Properties in your Portfolio?

    true, but I prefer to buy house in say Ferntree Gully (where I did buy) or surrounding suburbs for similar price. I did own apartments in south yarra and st kilda at one stage, and they didn't do very well. I don't think you should buy $1m house either.
  3. C

    How many Properties in your Portfolio?

    yes you do, but you also pay body corp. I also found units had a higher turn over of people. ie every 6-12 months someone moved, whereas my current house has one tenant 2 years now with re-newal just been accepted. the other house I had was the same.. but the flats, it was like playing musical...
  4. C

    How many Properties in your Portfolio?

    either way I believe apartments dont do as well. you look at a typical suburb which has 'flats' http://www.domain.com.au/public/suburbprofile.aspx?mode=research&suburb=St%20Kilda&postcode=3182 you can clearly houses did better than 'units' in the area. however when you look at a suburb where...
  5. C

    How many Properties in your Portfolio?

    no, I'm holding, and saving. will buy again when I have enough cash saved up, but I'm not over gearing this time.
  6. C

    How many Properties in your Portfolio?

    unit and apartment, two different properties. long term growth, houses usually grow more than apartments. @ ausprop, yes I agree, in the 90's there was little growth for like 8 years! this is why I sold some IP's in 05 cause I thought raising rates would = subdued growth. but then we had rates...
  7. C

    How many Properties in your Portfolio?

    quality property should grow the average 7.2% PA, so dont know why this would be a hugh assumption. although if I recall, he has mainly apartments, which I dont believe grow as much as houses in general.
  8. C

    How many Properties in your Portfolio?

    Rob is in a great position, $2.5 mil of property, going up by the average 7.2% PA = $180,000 per year capital growth. Now it also depents on how much cash flow loss he makes PA, this needs to be removed from the 'growth profit' he makes. but in 10 years he will own 5 million in property, with...
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