I agree UT with your comment as the "whole package" I know the Japanese look at 5yrs in a business sto be profitable. So with property, do mum and dad investors do the sums?? or are they being sucked into the vortex that property doesnt go down and a sure way toi make money, the RBA governer put a dampener on that one.
I am in Adelaide. Can someone put up a post detailing maybe a house for sale that the agent has advertised Investment in Say melbourne?
The lets all do the maths and sums. And look at a 5 year plan as well as a 10 yr plan, of what the property would need to acheive after buy/sell costs, investor tip in (assume borrow 100%, rate rises etc.)
this may give a picture for all hot copperites..other than that its all hot air with no substence...
