Please find it at:
http://somersoft.com/forums/showthread.php?p=1259693#post1259693
Enjoy!
The Y-man
http://somersoft.com/forums/showthread.php?p=1259693#post1259693
Enjoy!
The Y-man
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I think I missed it but did you state how many properties you actually had? you stated they were all unencumbered which is fantastic.
Even though he is Italian, he was a feminist before his time.
Boring interview with no substance and I didn't learn anything from it.
Boring interview with no substance and I didn't learn anything from it.
Looking forward to the answers to some of the above
House-wise, there doesn't seem much available in the 500-800K that is making capital gain (there isn't a suburb in Woden, Weston Ck or inner south with an avg under 500K according to RP).
Canberra had 0.3% house growth in 2014.
Growth rate in median house rent is negative (was -1.0 in 2013 but can't find 2014 - I'd be surprised if it were better!).
I saw on the suburbs with highest number of renters that Turner featured - but at an avg house of $850k and a gross rental yield of 3.4%! So lots of capital tied up even at 90% LVR and a low yield - not tempting.
I was interested Property Girl to hear you say you preferred (only?) invested locally - love to hear more, with a particular example if possible (no address needed )