Forum Replies Created
Thanks Nigel
Great artical, However Im a little sceptical about any articals written by people who have an interest in the sales market.Im not a pesimist only cautious. It wouldn t be the first artical written to hype up the buying market.All of the major cities will rise in the next 5 years thats for certain, but by how much, 20% or 100% its any ones guess.
I appreciate all the replies guys keep them coming. Great forum, the right advice could save you thousands.
regards
FogartyJenny Its completely up to you. I had it when I initially rented my first property for two years just incase.However I have been lucky to get good long term tenents and I know them on a personal level after maintenance visits to the house over time. I cancelled the policy five years ago and havn t looked back.
My advice, if you have a high tenent turn over rate or your unsure of your tenants history get it. Its just one of those things.
Regards FogartyThanks for your thoughts
I ve been monitoring the Darwin market for the last 12 months and there seems to be plenty for sale. Your definately right about the unit townhouse market, I have to flick through 2 pages of them to get to an established place for sale.
As for brisbane house prices I bought my 2nd place 2 1/2 years ago as did my sister at the beginning of the Brissy boom, My sister has had her place on the market after an extensive renovation for 6 months now with reasonable money on it and she cant move it. There is just too many for sale.
3 years ago how did Darwin prices compare to now?
regards Fogarty
