Hasnt run yet
Sorry unit or apartment?
I actually bought a unit in Dec as it was close to our main house. Got it for $1.3m then agent said can sell $1.55-$1.6m...
Not sure about the risk point. During covid the fund I invested in fell much less (market down 35-40% vs my fund down 8%). In the bounce it...
oh sorry cbd has flown in 4-5 years. Easily doubled
What I meant was no growth last 12 months
Well what I said was a generalisation ... just from what I’ve observed that’s all. That said, a good buy is a good buy irrespective of price....
What’s the point of the averag index tho in property. You’re not buying the property index
I’ve had real estate that have done 400% in 8 years...
There’s no capital growth in my areas which is CBD. Values are flat.
Ratios at current interest rates around
Sub $10m on both pieces
Units are different to apartments though.
I know the buyer. Lovely land. People overanalyse too much. I remember everyone used to say I overpaid on this or that by 20%. Doesn’t really...
people should think about buying houses for their kids if they’re worried about that
for every kid you have you need one extra PPOR
I think this boom will go for two more years. Everyone in the market is getting much richer
The key is finding that middle ring which is neither Mosman nor very far. That seems to hold best value and performs well in a boom like now. In...
I haven’t read the whole thread. But I figured you’re asking where to allocate a large chunk of money. I’m saying a lot of 5-10% compounded return...
I’ve fixed as well. 1.79% P&I ppor and 2.49% IO investment. Big 4
This is going to be a huge boooom
Don’t think this stuff is outperforming property or my 24% IRR fund. Many ways to skin a cat.
Yea not recommending per se, just saying that’s what I’d be doing. Obviously depends what you’re trying to achieve also.
I don’t think it’s...
Yea ok I would recommend one bigger better location property
% growth wise my $2-3m have done much better than my $700k-$1.3m places (and I’ve...
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