The value of Brisbane property valued at $700,000 to me is on the high side. The correct valuation is when you sell your property and all valuation is only a guess. Property is basically you sell at the right time when it attracts a right people. So valuation to me does not mean anything.
I spoke to a number of my friends who have valued their properties many times above my expectation but I saw recent auction around my place, nobody puts up an offer.
So you can't value your property if there is no buyer.
Go to Google and get the compound calculator and they will give compound return.
Basically to me if you invest in anything just hoping for capital gain is just a fallacy.
Commercial property has a high return at that time when I bought the property. So it is hard to lose.
If you want to win the rental return must be high otherwise your investment is based on luck.
