yes, it will add ten to fifteen dollars a week more rent in my part of the world and imagine if your townhouse and another with out in the same complex were to be vacant at the same time, most people will take the airconditioned one every time.

where are the units. by my working if all you owe after taking over from your father is the $275,000 then thats an 8.8% return. thats pretty good, and if you are in a growth area things can only get better with rents rising.I know there is still talk of CF+ proprty, but I haven't seen a true one in a long time, so if it was me i would be hanging…[Read more]

For a start , Gold coast properties suddenly come of age and so prices through the boom , personally would say way too of age to be realistic . Only 10 yrs ago those 5 million numbers would have been 5 or 600k – if they could sell them . So you have roughly an 800% rise instead of the normal 100 – 150% .  Depending on the place of course but it…[Read more]

One more thing Tony, maybe i should add, i am on the Gold Coast, where the population boom is keeping the market reasonably attractive, once again i am talking low end, and the rents are still climbing. My opinions are definately area specific. Having said that i can't for the life of me get over how a lot of people who are apparently in the know…[Read more]

Hey tony,As far as the builders go i can only comment on SE QLD , i certainly can't claim to have any knowledge of the Melbourne scene. It's never good to watch anybody lose their livlihood, so here's hoping it stays that way down your neck of the woods.I believe that in the low end of the market, where i happily spend my time, the prices have…[Read more]

studio apartments while looking attractive because of price, you do need to look at the resale at some point and that can be a little difficult. Don't buy something simply because it's in your price range. Of course i don't know the area you are looking in and that could make all the difference. And commercial property does lure people with great…[Read more]

Tony B, you can't be looking to hard then my friend, there are plenty of builders going down the gurgler -even as we speak. My wife works for a very large company that supllies the building trade and just about everyday she brings homes tales of woe. now having said that, i don't think anybody really knows where we are heading or whats going to…[Read more]

do your homework, i get their emails and they do not stack up in my opinion. I believe the rental returns are unachievable. and of course guaranteed rental returns are something to be wary of.