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OK perhaps I should clarify for those who take my word as gospel (and I thought that was just my dog!) Disclaimer I am not an advisor, agent, accountant, lawyer, salesperson, buyers agent or any other professional offering any product or service. My opinion is based on my own research and...

My opinion is Skater, based on facts. As you would recall from my original post citing low vacancy rates low building approvals, upturn in the cycle, rising rents and minimal stock. These are facts that I base my opinion on. Someone can interpret these facts in a totally different way and...

The implication is clear that you are disputing I am an expert on Western Sydney which I never claimed to be and never will claim to be. I don't believe my original thread implied Western Sydney was THE place to invest: "My opinion is that investors should be looking at Western Sydney for...

Don't think I ever claimed to be an expert on Western Sydney and I thought the whole point of this sub-forum was to share opinions on where good places to buy was. I believe Western Sydney median priced new apartments/townhouses/units whatever you wish to call them make good investments at...

No offence taken. That's the beauty of this forum everybody has different approaches and strategies to learn from.

Yes you can certainly do that. Maybe one day I will. At the moment though, as I said, I'm a lazy investor, buy and hold.

I admire your courage and your strategy Skater. I don't subscribe to buying soemthing with a large negative cashflow either. I do subscribe though to a slightly negative cashflow, good growth potential, good rent and great tax incentives. I'm also what you would call a lazy investor, that's...

80% of my purchases have been off the plan and I have had way more success with that compared to buying established properties. Why? Perhaps a few reasons: Dealing from a well established and credible agent who does stringent research and due diligence Buying from developers with sound and...

Neither do I. I invest to live comfortably, now and later. Tax incentives though assist cashflow in the process and should be in the plan somewhere.

True there are houses at good value out there. My interest though lies in new apartments not surrounded by other new apartments. New property offers tax incentives and good rent as well as (usually) a better tenant.

Each to their own I guess. I would like to see the old v new figures. Not sure how that goes given the tax advantages with buying new. Buying out west being a 'suckers' game? That's a generalised statement. Like anywhere, north, south, east or west, if the figures work then you have bought...

No didn't buy there, sounds good though. The area I bought in is commonly known as Mt Druitt Village.

I bought an off the plan apartment in Mt Druitt for $259k in 2007. it rents for $300p/w. It's at the end of a cul de sac and not surrounded by other units (unit saturation). Some are selling now for $285k. Not a huge increase but we are just coming out of the downturn now. I think St Mary's...

I own property in Mt Druitt and the strata costs are OK. Yes it is an expense but newer apartments attract quality tenants (as long as due dilligence is applied) and that means higher rent. Whilst there is some new developments in these areas there isn't many. And there is even less of quality...

Interesting reply Boatboy You see the difference between me and spruikers is that I am a wage earner. I work for the government. I work a 38hr week and earn a little over average. But I also invest. I have no products or services to sell but rather like to share my opinion, like many...

My opinion is that investors should be looking at Western Sydney for fantastic opportunities. Why? Sydney is coming out of a downturn Vacancy rates are negligible Land supply is minimal Rents are going up New infrastructure has been or is getting built Immigration, over a third of new...