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  1. M

    Mandurah and its problems

    We bought IPs on the Gold Coast in 1990 and 1991. Prices did not move at all for about 5 years. Rents were stagnant and we considered ourselves lucky to have no vacancies. Had we sold at any time within the first 7-8 years we would have been lucky to break even. Then in the early 2000s...
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