why not to invest in property, page-10

  1. 624 Posts.
    lightbulb Created with Sketch. 19
    I have bought 4 apartments in Perth in the last 4 or so years. I am not investing the volumes of money many of you are, but I am at a point now where I have about 900k in property. Of this almost half is equity. I am on interest only loans and my rental return covers this. Even if property stagnates for a few years or drops a little I am not losing money. Assuming rents rise along with interest rates (to some degree). I am happy with this and it has enabled me to diversify my investing so the 30% hit i have had on the stockmarket doesnt mean I lose 30% of all my hard-earned money. If, in 10 years time I have double the value of property, i have 1million in equity - i am happy. Some people would have turned this into 10 million on the stock market, so may have lost it all.

    I am 27 and hoping to retire well before when I would normally - to live a similar lifestyle to that which I have now - without working. That is my goal, I it is very much possible. At the same time I think being "smart" about my investments is also important. To me that is diversification. I could take it out of property one day, put it into the stocks the next and possibly make a few extra bucks, but I may not. I also work full-time and dont have the time to research some of these things in so much detail.

    So for me property is a super investment and will be for a long time to come...just dont be over capitalised if rates go up...be smart about what you can afford and what you cant...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$72.02
Change
0.680(0.95%)
Mkt cap ! $13.99B
Open High Low Value Volume
$71.50 $72.34 $71.41 $21.45M 298.7K

Buyers (Bids)

No. Vol. Price($)
3 1152 $71.91
 

Sellers (Offers)

Price($) Vol. No.
$72.20 259 1
View Market Depth
Last trade - 16.13pm 18/07/2025 (20 minute delay) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.