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  1. K

    Housing recovery hopes dashed

    Hi, 2006 Esplanade properties I suppose @ Seaford it's possible. Christies Bch was selling around 200 thousand. But even today Pt Noarlunga S houses quite near the Esplanade sell in the mid 300s to high 300s maybe 400+ And it would be one off just like the 3 I bought bet 05 and 06. They...
  2. K

    Housing recovery hopes dashed

    Hi, it's not very nice to denigrate what other people do, or buy. I'll hazard 2 guesses. 1) You'll not get 950 thousand if you put your Seaford Esplanade house on the market tomorrow. 2) That you didn't buy it last year nor the year before last. KY
  3. K

    Housing recovery hopes dashed

    Hi, like Sash, I'm curious not to say sceptical as well. We can report good returns ROI or otherwise. I'll add my numbers to the mix. 3 years total cost $980000. Total value realised & not = $1300000 total gain = $320000 before tax = 32.6% Loan = $890000 my contribution = 90000 ROI = 350%...
  4. K

    Housing recovery hopes dashed

    Hi ToDo, can you find me a property 370% ROI within less than a year please? If you check back on the threads in March, you'd find that a few people, myself included saw better value in stocks then. Not forgetting that these people are successful property investors, myself included, if I may...
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