NSW Calling a Sydney Peak - Great run while it lasted

Discussion in 'Where to Buy' started by standtall, 10th May, 2017.

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  1. Gockie

    Gockie Life is good ☺️ Premium Member

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    Cool stuff. :)
     
    Gockie, 10th May, 2017
    #21
    Gonx likes this.
  2. Gonx

    Gonx Well-Known Member

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    thanks, I had a few beers on the waterfront earlier, first time for ages. Finding a good agent definitely helped, sold in one day with one day of adverting,well above what I would have expected or even the agent. The buyer gets a great investment though, the street and area is on fire with activity.
     
    Gonx, 10th May, 2017
    #22
    Ekin200, RetireRich101 and Gockie like this.
  3. Ekin200

    Ekin200 Well-Known Member

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    Yep... completely agree that the blue chip suburbs arent really being effected. up in the north shore houses (not apartments) are selling over 15% of the price guide at auctions and sales (as of early May).

     
    Ekin200, 10th May, 2017
    #23
    Gonx likes this.
  4. Dean Collins

    Dean Collins Well-Known Member

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    Yep.....time to start moving investments over to stocks.......less public agro when people realize their super dividends are down (eg still losing to solid month in month out investors who are actively stocking money away)
     
    Dean Collins, 11th May, 2017
    #24
  5. jins13

    jins13 Well-Known Member

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    jins13, 13th May, 2017
    #25
  6. virhlpool

    virhlpool Well-Known Member

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    How is that the best strategy? Firstly, inner west blue chip houses will never have great yields. Secondly, inner city is where growth has already taken place and gentrification has happened a few years back. How will it present the best growth in % terms with onset of a relative boom? I agree, it is a low risk game but pro'ly not a great strategy.
     
    virhlpool, 14th May, 2017
    #26
    au contraire likes this.
  7. Moltzerman

    Moltzerman Well-Known Member

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    Look for properties with future upzoning in areas of upcoming gentrication and major infrastructure upgrades. For me, that's the most logical and safest route.
     
    Moltzerman, 15th May, 2017
    #27
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