Where to buy in Sydney/Brisbane? with 2.2mil budget (Capital gains)

Discussion in 'Where to Buy' started by William W, 18th Oct, 2016.

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  1. Iantheexpert

    Iantheexpert Member

    Joined:
    22nd Oct, 2016
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    Location:
    Adelaide, SA
    @William W, I think $2.2mill is quite a substantial amount that would give you fair capital gains both in Sydney and Brisbane. Assuming on average, Say you get a 5% growth rate (The 10 Sydney suburbs to boom in 2016) on the $2.2mill. You will have capital gains of at least $110,000+. I am sure this is not your goal.
    If you make the money work for you well, you can get $3 mill upwards in 2 years or so but not in the options you are looking for currently. unless you get lucky to buy and sell a house for $3 mill+ but that is not guaranteed. It is a risk worth taking though. ALL THE BEST.
     
    Last edited by a moderator: 31st Jan, 2017
    Iantheexpert, 23rd Oct, 2016
    #41
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