Very obvious the Gold Coast luxury market has now moved from luke warm to warmish.
Gold Coast duo sell $22 million worth of real estate in three...
Yeah. The reason I'm split on this is that ultimately it really is their own fault. They basically made a very bad "bet" and paid the price.
An $800k mortgage on a $200k house: the reality of the mining bust
Part of me thinks no, it's their own fault for being so stupid, gready,...
Demand for housing massively greater than demand ,,,...
Same applies to continuing to hold property in Sydney.
I say yes. Although I would be putting only part into TLS and the rest into a high div etf.
That's what I actually did. Brisbane and Gold Coast.
For me it was easy. As a value investor I got out of Sydney a looooong time ago (too early but such is the curse of the value investor).
Ever since I was a kid reading comics I really loved the image of Scooge diving into his money (and aspires to doing the same).
Gold Coast light rail may extend to NSW, Tweed Heads and possibly as far as Byron Bay. Good buying opportunities in advance of this I reckon:
Nice little boost to an already firing economy of the Gold Coast:
GOLD Coast business leaders are hailing cuts to Sunday and public holiday...
Separate names with a comma.