Hey guys,
Just curious on what your thoughts were with investing in new estates on the outskirts of major cities were. eg South Morang, Lyndhurst, Caroline Springs (back in the day)
Basically the idea of being able to pick up a brand new house (depreciation benefits) along with an expanding population (a lot of family's with younger kids typically buy here, so 15 years down the track is looking pretty good) seams to me like it could be a good choice. However, my main concern I guess is that most families could afford to just buy a property instead of rent.
Has anyone had any experience in this delphin type estates?
Cheers
Dean
Hi
I brought in Palmaston, Darwin 7 yrs ago, Delfin estate, purchased 227k now 500k+ rent 490p/w, speaks for itself.Bary
One word, Delfin
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