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Thanks for your responce Richard on a 60sm unit with NRAS. Stand alone what would be the max LVR lend. And do you know what deposit is required for this development.
will it be easy to get finance for a small near city unit with NRAS tennants.
Do not agree in big price drops, however as seen in the Brisbane market in the mid 80's to early 90' very soft growth if any at all may be where we are heading again. We in South East QLd for the last 5 yaers have been hearing about the falling rate of rentals yet with the huge drop in building approvels over the last 2 years' this has seemed to have gotten no worse, looks like Matusik was right. May have of been all up beaten up hype, I am looking further afield, any thoughts on this.
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