Search results

I'm looking on the other side of the equation - how quickly subdivided developments sell. I haven't seen much of that. Any one know about 336 Station Rd St Albans? They paid handsomely for it about 10 years back (about then, because I was trying for it at the time too) as a development site and...

Wasn't trying to offload a parcel on you was he? :p Even the Asians are looking to get out. Kealba is a middle of nowhere land type place that tried to take advantage of the property boom but got cooked in the squat. Disclaimer: Immediate family have investments in both Kealba and St. Albans.

It's a good rental place, with low cost IPs so you can relatively quickly get them CFP, for but capital growth it is much easier elsewhere.

Capital growth has been almost nil in the area since the GFC. My parents have an IP there (east side, near HS and local shops) - 275k before GFC, lucky to get 330k now. It's cheap, but don't expect any capital gains. Even the large plots suitable for building units have only had marginal...