Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Tenex,
Are you talking for capitial growth?
Serious answer would be not Sydney .
If you had under 600k borrowing capacity without having to get LMI right now where (town / suburb) would you invest it, what would you buy and why? (or would you invest it for that matter)
If you had under 600k borrowing capacity without having to get LMI right now where (town / suburb) would you invest it, what would you buy and why? (or would you invest it for that matter)
I would look at something like this:
http://www.realestate.com.au/property-townhouse-qld-carina+heights-119198775
should have decent rental yields and good CG prospects. Also doesn't seem like it needs any work to be done either.
Interesting JD - any reason you wouldn't pay a bit more to go say
http://www.realestate.com.au/property-house-qld-carina-119110843
Is it due to rental yield/holding cost considerations?
Thanks
The Y-man
...
The idea behind topics like this is not so much where but rather why. In a few years time we may be able to refer back to a topic like this one and see if a particular strategy was on track.
If you don't feel like sharing then I respect it. If you do share though please do mention the reason you have behind your pick.
I think Newcastle offers a lot for investors. You will see dramatic prices rises after 2016, do your research to find out why OK, let's begin with the new city overhaul, the whole city will have a new look.
On top of that, for the longer term, once high speed rail is implemented it will only be 20 - 40 minutes on train to Newcastle from Sydney and by then I'm sure a lot of people will be tired of the high prices and traffic and will enjoy a sea change. it's only 2 hours to drive there anyway on a smooth highway all the way and express trains are the same.
You should make a 'lets talk up newcastle thread! '
I think Newcastle offers a lot for investors. You will see dramatic prices rises after 2016, do your research to find out why OK, let's begin with the new city overhaul, the whole city will have a new look.
On top of that, for the longer term, once high speed rail is implemented it will only be 20 - 40 minutes on train to Newcastle from Sydney and by then I'm sure a lot of people will be tired of the high prices and traffic and will enjoy a sea change. it's only 2 hours to drive there anyway on a smooth highway all the way and express trains are the same.