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  1. inner_westie

    Sydney inner west: what is happening with the market?

    Whats an SMSF? I'm pretty noob to the whole thing :) I'm very much a buy and hold strategy so yield (and general liveability) matters a lot to me, the aim being to get positively geared to a point where I need to borrow more to get negative again and then use those funds to purchase the nth...
  2. inner_westie

    Sydney inner west: what is happening with the market?

    Hmm - i don't know if the people of sydney can tolerate 40% growth over the next 3 years. 40% capital gains leads to 40% bigger loans and also 40% increase in rents at current yields. I'm looking for a way into my second IP and I'm very hesitant to borrow large amounts - 350-400k for 80% LVR...
  3. inner_westie

    Sydney inner west: what is happening with the market?

    504k! That's truly crazy, this is reminiscent of 2003, there's a frenzy going on where prices are going to get ahead of rental yields. The smart thing to do would be to stay out for a bit, once the RBA hikes rates to 7% it will take the wind out this and turn it back into a buyers market when...
  4. inner_westie

    Sydney inner west: what is happening with the market?

    So do you think it's in a mini bubble? 20% is a lot in such a short period of time. It won't matter how much prices rise what will be constant forever and ever is the relative pricing of Sydney's areas Eastern Suburbs (the real ones) / Lower North Shore are always going to be more desirable...
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