I have a friend who purchased in Runaway Bay (Qld) around 5 years ago. It was a new 3 br townhouse. She bought it for approximately $415k and is now worth probably around $450k max.
For memory she had it rented when she purchased for around $340 pw and is now at $395 which apparently is the market rate.
She has asked for some advice as to whether she should to sell or hold on. I will be doing a little bit of research, but thought I would ask the brains trust here to see if people had some knowledge, thoughts or other experiences about the area.
For memory she had it rented when she purchased for around $340 pw and is now at $395 which apparently is the market rate.
She has asked for some advice as to whether she should to sell or hold on. I will be doing a little bit of research, but thought I would ask the brains trust here to see if people had some knowledge, thoughts or other experiences about the area.