Hi Josh, is emerald still a good place to invest. I remember you indicating that prices may go up in second half of 2012 whereas it has stabilised.. If alpha project is delayed what will be the impact? Already 150 properties for rent. Your insight will be valuable.
I will continue to invest in Whyalla and the copper, uranium aren't going anywhere. The project will happen at some point of time and in long term it will be a gain. Mining companies will play all the tricks and BHP is a master of it. Who knows, in couple of years time there may be another company who will be interested in exploring Olympic dam.…[Read more]
kjm2810 wrote:
Hi py Im thinking about buying in Roma as my first investment property so Im just wondering if you went ahead with the purchase and if your happy with your decision? Im concerned that the market might be too un stable. Thoughts?
I ended up buying one property in Emerald and one in Whyalla. If it is going to be your first…[Read more]
Very intresting. I bought a 2BR unit (low rise apartment) in Southbank is Oct 2010 for 500k and currently the market value is 550K, should I keep this or sell and invest come where. What is the prospect for low rise apartments in Southbank?
Although I do not own any property in Dysart (I came close to buying one this month but did not sign the contract as I thought it was a high entry point) I think fundamentals of mining is very strong and these towns will benefit from it for next 30 years atleast. Just because they have closed one mine doesnt mean that coal is not required at all.…[Read more]
I have done my due-deligence with respect to my serviceability (I am a familman with 2 kids as well, so I had tpo). I have done my research from top to bottom and I am sure that these both propertie values are going to increase by atleast 10% in next year or so. Hence do not want to lose 100K I am sure there is a way out.
Thanks Richard. My salary is $142K per year and married with 2 kids. Currenly I own a house which is my principal place of residence and the loan amountis $478K (95% of value). I have just sold one of my investment property and will have 50K and anoter 50K which I refinanced my PPOR. So intotal I will have 100K. I want to buy two properties using…[Read more]