Search results

As what other said, don't do it. I've been to the Altitude apartment display suite. The price for 2 bed is 850-950..... The old established apartment in Parramatta is only 550-600. I dont think the number add up for it to be a good investment.

http://m.smh.com.au/nsw/the-rise-of-parramatta-once-in-a-lifetime-opportunity-20150522-gh7eg3.html

But this time, construction really has started.. New Paramatta Square will be opened in 2019. New University of western Sydney will be opened by end of 2016

Hi JohnHenry, I did the same.... Just think 10years from now, Parramatta will be the central CBD for the west, and there will be lot of new Jobs. Any suburb around it can be very expensive. Note: always avoid investing right in the CBD itself, as it will be too crowded, and oversupply

I doubt you'll get 5-6% rental yield in Alexandria.... 2 bed apartment is over 750 with rent around 550-600 per week Unless you're talking about service apartment

there're few 1 bed relative new units on Herring road advertised for 500-550 per week, and if you can get a brand new unit without Gym/Pool, etc. Your strata fees should be in 500-600 per quarter. It should cost you around 600-650k for 1 bed (relatively new unit). that should give you roughly...

800k in Parra is too expensive, considering the established unit is around 550 now (fairly good condition). I wouldn't touch OTP at the moment... It's very risky you dont know where the market will be going next year or the year after. Especially with APRA tightening up lending already, you...

Depend on what type of property your investing on. There several old established units 2 bed close to Westfield & Station for around low 500k with a potential rent of 450-500 per week. I don't know what other think, but I believed that's still pretty cheap and has potential in the long run to...