A mate of mine was renting a place in baulkham hills in Sydney, he has the money to buy but said the rent he pays $500 p/w and the Indian owner paid 1.2 mil for the place a year earlier, crap return on investment. I wouldn't buy now either but I do own 2 places outright, it's not the same all over the country but with interest rates so low and prices in that example so high with such a bad yield I can't see much capital growth in that unless interest rates stay low forever and how can that be possible?
- Forums
- Property
- Housing
Housing, page-2780
- There are more pages in this discussion • 1,521 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online