Watching the Druie Drop in Slow Motion

Discussion in 'Property Market Economics' started by sash, 17th Oct, 2015.

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  1. sash

    sash Well-Known Member

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    ........and Bogans......:p
     
    sash, 3rd Jul, 2017
    #861
  2. ashish1137

    ashish1137 Well-Known Member

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    ashish1137, 25th Aug, 2017
    #862
  3. sash

    sash Well-Known Member

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    For all the wrong reasons.......buying in Bogan suburbs will cost you money...
     
    sash, 25th Aug, 2017
    #863
  4. dabbler

    dabbler Well-Known Member

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    Shocking that Narromine is on there, property there not that cheap, maybe they include large surrounding areas in the countryside & many will tell us about areas of Wagga...

    But

    What is happening to prices and market in the Druitt ?
     
    dabbler, 25th Aug, 2017
    #864
  5. JDP1

    JDP1 Well-Known Member

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    Why is this a surprise to anyone? I'd fully expect most of the suburbs on this list to be on this list.
    This is also partly why the entry price is low. There are risks here such as higher chance of bond not being refunded or damage worse than bond coverage and this stuff is baked into lower entry prices, among other factors.
     
    JDP1, 25th Aug, 2017
    #865
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  6. skater

    skater Well-Known Member

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    Really? Sure, we've claimed bond money from 2770 properties, but not any more than other properties. We usually end up with long term tenants. We've only kept 3 of them. One has tenants that have been there for about 14 years, another around 10 & the third has been there for about 8. I don't think we'll be too worried if anything happens & we have to claim their bond, but I can't see that happening. While not boasting.......we made a LOT of money from Bogan suburbs. :D
     
    skater, 26th Aug, 2017
    #866
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  7. chylld

    chylld Well-Known Member

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    Friend spotted this at a servo in Druie...

    21032442_10213706706969617_6868817820262398909_n.jpg
     
    chylld, 26th Aug, 2017
    #867
    L3ha7, Sackie, datto and 6 others like this.
  8. samiam

    samiam Well-Known Member

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    samiam, 26th Aug, 2017
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  9. Biz

    Biz Well-Known Member

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    Last edited by a moderator: 19th Mar, 2018
    Biz, 26th Aug, 2017
    #869
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