Hi All,
There has been a lot of talk about property these days. Not just on the forum (duh) but at work as well. Every second person I speak to is either buying a home or selling and upgrading. Which is interesting and with me having a great interest in property, I've shed light on properties that colleagues are considering or run price finder reports for them.
But something is really getting to me. I understand some people like to live in inner west. But what really got to me is their condescending attitude towards the west. I was telling someone how there was a fire in Wentworthville lit up by a shop owner. And this person commented how she had heard there was a lot of crime in Wentworthville. Crime can happen anywhere in Sydney (it happens in Redfern too...despite it being "expensive"). So I said to this person, Wentworthville several houses are touching mid 900's and mostly 600k+. It's not cheap by any means and it's desirable for families...AND it's 4min train ride to Parramatta while 30-35min to the city (with the new timetable coming into effect next week). This person (in late 30's) would only buy in inner west and they are finding it challenging to buy something due to the prices rising and auctions going ballistic.
This sort of attitude annoys me because some people have no plan for their financial future, have a vision for a dream home (nothing wrong with that)....but dismissing Sydney's West. Btw, to add our portfolio has seen a 25% growth in just the last year and a half alone - conservatively speaking. I do anticipate being told that we were "lucky" when we bought.
There are exceptions as we all know, but for me personally the journey has been one where I have delayed gratification in many ways, sacrificed a bit to make things work. This could be due to not having brought up in this country most of my childhood? Could be due to realising what a precious opportunity it was to be in this lucky country and making it happen?
I didn't want to start another thread bashing people who like inner west etc. But I just wanted to see what people think? I think it's about looking at the big picture and potential an asset offers you. But it takes a hell lot of self training to think along those lines if you've never seen it happen in your life...
Thoughts?
There has been a lot of talk about property these days. Not just on the forum (duh) but at work as well. Every second person I speak to is either buying a home or selling and upgrading. Which is interesting and with me having a great interest in property, I've shed light on properties that colleagues are considering or run price finder reports for them.
But something is really getting to me. I understand some people like to live in inner west. But what really got to me is their condescending attitude towards the west. I was telling someone how there was a fire in Wentworthville lit up by a shop owner. And this person commented how she had heard there was a lot of crime in Wentworthville. Crime can happen anywhere in Sydney (it happens in Redfern too...despite it being "expensive"). So I said to this person, Wentworthville several houses are touching mid 900's and mostly 600k+. It's not cheap by any means and it's desirable for families...AND it's 4min train ride to Parramatta while 30-35min to the city (with the new timetable coming into effect next week). This person (in late 30's) would only buy in inner west and they are finding it challenging to buy something due to the prices rising and auctions going ballistic.
This sort of attitude annoys me because some people have no plan for their financial future, have a vision for a dream home (nothing wrong with that)....but dismissing Sydney's West. Btw, to add our portfolio has seen a 25% growth in just the last year and a half alone - conservatively speaking. I do anticipate being told that we were "lucky" when we bought.
There are exceptions as we all know, but for me personally the journey has been one where I have delayed gratification in many ways, sacrificed a bit to make things work. This could be due to not having brought up in this country most of my childhood? Could be due to realising what a precious opportunity it was to be in this lucky country and making it happen?
I didn't want to start another thread bashing people who like inner west etc. But I just wanted to see what people think? I think it's about looking at the big picture and potential an asset offers you. But it takes a hell lot of self training to think along those lines if you've never seen it happen in your life...
Thoughts?
, though if you need your Harley or Triumph fixed or want a great tatoo we have great artisans in both those areas
