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Top five worst property investment ideas

Discussion in 'Where to Buy' started by yuefu, 27th Aug, 2015.

  1. yuefu

    yuefu Member

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  2. D.T.

    D.T. Adelaide Property Manager Business Member

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    I like how they specify over priced OTP. Over priced anything of any type is a bad idea.
     
  3. Tekoz

    Tekoz Well-Known Member

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    Yes I agree for OTP apartment as Investment Property.

    But somehow people still buying into it in Australia.
     
  4. FireDragon

    FireDragon Well-Known Member

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    I thought student accommodations should be one of them?
     
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  5. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    How about parking spaces?
     
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  6. Big Will

    Big Will Well-Known Member

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    Mining towns can be great if you get in before a mining town starts to boom and get out during the boom.

    However buying once a mine has started is unlikely to yield great results.
     
  7. Chilliblue

    Chilliblue Well-Known Member

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    Parking spaces have been very successful the past few years.
     
  8. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    Same could be said about mining towns in their day.
    Time will tell.
     
  9. spludgey

    spludgey Well-Known Member

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    My number 1 would be "Buy a property in order to save tax from negative gearing".
     
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  10. Azazel

    Azazel Well-Known Member

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    Time shares must be pretty good!
     
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  11. larrylarry

    larrylarry Well-Known Member

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    A friend of mine is selling her 4 parking spaces. Council levies are increasing and getting expensive to keep.
     
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  12. York

    York Finance Broker Business Member

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    What about an underpriced OTP? Wouldn't that make a 'good' property investment? :eek:
     
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  13. D.T.

    D.T. Adelaide Property Manager Business Member

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    This rustles my jimmies.
     
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  14. bobbyj

    bobbyj Well-Known Member

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    ATM machines
     
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  15. Scott No Mates

    Scott No Mates Well-Known Member

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    1. Tiny studio apartments/bedsits
    2. Cemetery plots
    3. Landbanking
    4. Publicly offered syndicated investment products
    5. Moorings
    6. Dual-key apartments
     
    Last edited: 27th Aug, 2015
  16. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    If this is spreading to non-real estate, how about shipping containers?
     
  17. Fungus

    Fungus Well-Known Member

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    Cause some people buy it to live in. Not everyone is out there investing...
     
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  18. kamchatsky

    kamchatsky Well-Known Member

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    What about service apartments? I thought that is a no-no as well?

    About all those over-55 retirement villages, I always see them around. Is it considered as commercial purchase so standard property investment loan does not apply? Is it similar to service apartments in terms of fees etc etc etc?

    Surely they are ok to buy if you decide to live in it?
     
  19. C-mac

    C-mac Well-Known Member

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    Added to mining towns would also be one-stop-economy towns
     
  20. Bran

    Bran Well-Known Member

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    @Tekoz Ill do the sums between these and existing properties in the next while - buying within a certain public school catchment will be comparable, and perhaps cheaper than paying private school fees. Plus you get a free apartment in a desirable location
     
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