AJX 0.00% 1.3¢ alexium international group limited

How To Value Alexium, page-341

  1. 6,615 Posts.
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    Ah property. The entire country seems to have had this 'magic touch' over the last 5 years.

    Point blind folded to any area in Sydney on a map, buy, hold for those 5 years and you would have made decent money.

    Many have done well. Scary almost.

    I don't own property in Sydney. The returns aren't there for me.

    If you are serious about property look into NZ.

    NZ has no CGT and to purchase a property costs about $1500 (that not a typo). In Sydney you are looking at $40,000+ (stamp duty, fees etc) before you even begin. I find that outrageous.

    Or... you could buy $100,000 worth of AJX and it would cost you $19...
 
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