With the year drawing to a close what % of capital growth do you believe you achieved with your IP portfolio.
Return on your IPs this year.
- Thread starter twobobsworth
- Start date
Over 25% for me 
As we have only has our first IP for only 2 months, I really can't say.
2nd IP settles Friday
But out PPoR has gone up over two years from $250,000 up to RPdata of $385,905 so that is about 35%...
Or should that be 55%?
Original $250,000 has gone up by $136,000 to $365,905.
2nd IP settles Friday
But out PPoR has gone up over two years from $250,000 up to RPdata of $385,905 so that is about 35%...
Or should that be 55%?
Original $250,000 has gone up by $136,000 to $365,905.
ditto here ...
Beldon, WA.
24%.
24%.
Our ressy stuff has been a mixed bag, ranging from 8% up to 27%. The top end stuff is still growing adequately, but the low end stuff has stuttered.
Our comm stuff - too early to tell yet, but the lack of vacancy augers well in the future. It's totally tied to the rental yield, and they are currently seeing 100 to 150% jumps in rent during market rent reviews in the CBD, so expecting it to slide on up.
Our industrial stuff ranged from 64% up to 78% last year and has been a joy to stand back and watch grow. It did similarly the year before, and we are quietly confident it'll do even more this year.
We're firm believers in the oft quoted and reknowned universal truth that commercial props don't grow....and perpetuate that myth as much as we can..
Our comm stuff - too early to tell yet, but the lack of vacancy augers well in the future. It's totally tied to the rental yield, and they are currently seeing 100 to 150% jumps in rent during market rent reviews in the CBD, so expecting it to slide on up.
Our industrial stuff ranged from 64% up to 78% last year and has been a joy to stand back and watch grow. It did similarly the year before, and we are quietly confident it'll do even more this year.
We're firm believers in the oft quoted and reknowned universal truth that commercial props don't grow....and perpetuate that myth as much as we can..
in this weeks prestige property the guy was being interviewed about best and worst buys etc and he said his worst was an office devy on stirling hwy, nedlands. reckoned they couldnt lease it for love nor money and had to strata it and sacrifice it. Interesting to note how different economic conditions can impact upon you - I bet if he owned that same building now he wouldn't have to work another day in his life
I try and keep track of this stuff on spread sheets. I also have annual financial goals that include a percentage net and gross increase for the whole IP portfolio. My figures say I'm up an average of 22% from last year...happy with that. Although a couple of units have double in CG over the past 3 years.
But what really has amazed me is that rental yields have doubled in the past 12 months...done a few basic renos...so more than happy with that too.
But what really has amazed me is that rental yields have doubled in the past 12 months...done a few basic renos...so more than happy with that too.
Property Valuations
All this growth over the year is nice and all that....but how have you arrived at these growth figures?
Are they reflected by the median prices in that area, recent REA Appraisals or recent valuations done by sworn valuers?
It is only when yuo go to sell that you know the true value of a property.
Cheers
Lizard King
All this growth over the year is nice and all that....but how have you arrived at these growth figures?
Are they reflected by the median prices in that area, recent REA Appraisals or recent valuations done by sworn valuers?
It is only when yuo go to sell that you know the true value of a property.
Cheers
Lizard King
Quite right L.K,
It is wise to be realistic about all this;
I simply look at the recent sales (within 3 months) of comparable properties in the immediate area to mine, and then make a judgement based on the location, condition etc.
This is what the valuers do themselves, so we may as well use the same system if we want to be accurate.
Stuff like Residex, RPData, REIV etc are broad. I never pay attention to them; especially REIV - that's the real estate industrie's own organisation.
It's not in their interest to ever talk property down.
It is wise to be realistic about all this;
I simply look at the recent sales (within 3 months) of comparable properties in the immediate area to mine, and then make a judgement based on the location, condition etc.
This is what the valuers do themselves, so we may as well use the same system if we want to be accurate.
Stuff like Residex, RPData, REIV etc are broad. I never pay attention to them; especially REIV - that's the real estate industrie's own organisation.
It's not in their interest to ever talk property down.
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