Search results

Thanks In The Red. I also strongly believe that Berwick got lot of potential as compared to the sourronding suburbs and thats the reason we have decided not to sell it at this stage.

Hi In The Red. The house is just 19 months old (or new :)) Bedrooms: 4, Double Garage, Land Size: 620sqm. Its near the Sweeney Reserve. Here is the picture of the house :)

Thanks Rodimus. No intentionion of selling it at the moment...will wait for a year and see where things are.

Thanks L.AAussie. Neg. cashflow is not impacting on the lifestyle. The concern is the Capital Gains as i am not too sure how much Gains we will see in the near future in Berwick as compared to the Western Suburbs like: Werribee, point cook, alrona etc.

Thanks Feihong. Sorry, i am still new to this..could you shed some light on what exactly happened in 2002 - 2003.

Hi Baliz66, As i meantioned in my post that its an investment property (-ve geared), already rented as soon as me moved out just over a month ago. Was very easy to find the Tennants and actually got the rent more than it was advertised. Rental Yield: 5.34%

Thanks LynnH. Not emotially attached. Just a bit curious in terms of Capital Gains in the future.

Hello to all, Just a bit concerned here..need an expert advice. Got an investment property in Berwick (-ve geared). Wondering, if its worth keeping it or sell it to buy in an area of more potential. This was our first home which we built and was PPOR for a year...emotionally attached :) Need...