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Question to more experiance investors. Is it to late to buy investment
property (apartment) in inner CBD area in Melbourne or Brisbane ?
Do we reach peak price already, or we still have some room for capital growth
Very much appreciate your information and advise.
Thank you - Doxa
There are a few pockets around
just need to look. Some of the inner west areas just started to rise towards the end of last year.
Im not that experienced yet either but have been following the melbourne market for the last few months
Question to more experiance investors. Is it to late to buy investment
property (apartment) in inner CBD area in Melbourne or Brisbane ?
Do we reach peak price already, or we still have some room for capital growth
Very much appreciate your information and advise.
Thank you - Doxa
The Y-man, sorry im not selling. Im still looking for my first IP in Melbourne with hope for capital gain.
Preferably :
- 2 bed, 1 bath, 1 car bay apartament
- no more than 10 km from CBD
- small up to 10 apartaments in complex
Im not interested at all for Dockland type apartaments with huge strata, swiming pool, lifts ......
The Y-man,
sorry i did't read yours post properly. Sorry!!
Im new, and I do not know this forum well, but I belive, you can send me "Private message" if you do not want, or you can't to shere more information about your property with every one.
Thanks - Doxa
Haven't even got around to starting the process yet....
I will PM you information.
Cheers,
The Y-man
sounds like a scam!!! ;p
Sorry, what I meant is I am selling my properties this year
Hmmm interesting! Y-man, can i ask why you're selling property this year? Is it to pay down debt or re-invest elsewhere?
The truth is closer to a combination of both the reasons you give in your post: I am aiming to lower our overall debt levels (one of my NYR's) AND I believe that capital can be put to more efficient use elsewhere.
Cheers,
The Y-man