Retirement Incomes....will you be in the top 3%!

Discussion in 'Property Market Economics' started by sash, 4th Nov, 2019.

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  1. sash

    sash Well-Known Member

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    Don't think so by that time Lepcrauns would have bought most of Bathhurst. ;)
     
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  2. euro73

    euro73 Well-Known Member Business Member

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    and you might lurn to spel
     
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  3. sash

    sash Well-Known Member

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    Aayee....I have a wee to many pints.....hic....;)
     
  4. Scott No Mates

    Scott No Mates Well-Known Member

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    Right number of "h's", just not all in the right spots.....hic :confused:
     
  5. sash

    sash Well-Known Member

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    Yep....yisss....hhiss.....not in the correct sput.....
     
  6. euro73

    euro73 Well-Known Member Business Member

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    Latest 3%ers are underway in Goulburn NSW. 18-20K CF+

    Dual Occ Slab .jpg Dual occ Granny slab .jpg
     
    Last edited: 10th Dec, 2019
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  7. kierank

    kierank Well-Known Member

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    I personally find property is better for CG, especially when using OPM and shares are better for (truly passive) income, especially in a SMSF in pension phase.

    But not everyone has the same views as moi.
     
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  8. Madcatters

    Madcatters Active Member

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  9. euro73

    euro73 Well-Known Member Business Member

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    Thats a detached granny flat , not a garage .

    dear oh dear
     
    Last edited: 9th Dec, 2019
  10. Madcatters

    Madcatters Active Member

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    I know buddy, it was one of those “isn’t that cute” tongue in cheek comments. I used to work in new housing estates
     
  11. albanga

    albanga Well-Known Member

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    @euro73 looks like those properties are in the middle of the desert! What do people pay for rent in places like that?

    Not being smart just curious.
     
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  12. MTR

    MTR Well-Known Member

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    Thinking exactly the same:confused:
     
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  13. Scott No Mates

    Scott No Mates Well-Known Member

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    More than they should by the looks of it, then it's subsidised so 80% of market is just a made up figure with no semblence to reality but looks good on paper.
     
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  14. Sackie

    Sackie Well-Known Member

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    I know nothing about the area but I hope the CF is worth it, cos I can only imagine the CG will be elusive for a very, very long time. But like i said, I know nothing about the area.
     
  15. Lacrim

    Lacrim Well-Known Member

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    Location, scarcity factor, jobs, perennial demand, land constraints etc are paramount when it comes to investing in resi property. Without it, one's kind of thrown the fundamentals away.
     
  16. sash

    sash Well-Known Member

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    Ditto...could not have said that better.....
     
  17. MTR

    MTR Well-Known Member

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    I suspect all in outer burbs, new estates??
     
  18. Rugrat

    Rugrat Well-Known Member

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    Goulburn has a few things going for it that keeps the real estate propped up. Its location relative to Canberra (you'd be surprised how many people commute) and the police college there being two of the major factors.

    And given the drought, many places in Australia are looking more then a bit desert-like at the moment.
     
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  19. sash

    sash Well-Known Member

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    Depends on where....Sydney and Melbourne are red hot again.....titled land is now walking out the door. I just has a builder offer full price on a block I was considering building on....

    The returns are now North of 5.5% with the right build.
     
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  20. Sackie

    Sackie Well-Known Member

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    No idea but it will be interesting to see in 10 years time what their sale value is.
     
    Last edited: 10th Dec, 2019