HI,
Tony thank u for your suggestions i BOUGHT that PROPERTY on private sale for $227000 and i am living in there now, i borrowed 80% loan. Now i got offer for $242000 after expenses i am getting $235000.by selling it NO GAIN and NO LOSS because i was sub letting for students.

The rental yeild for that property is 5.4% but the capital growth is not worth, i thought to invest in better locastion for good capital growth.

regards
Reddy

HI EVERYONE,

I NEED HELP REGARDING MY PROPERTY , IN OCT 07 I BOUGHT A PROPERTY IN HOPERS CROSSING IN MELBOURNE WHICH IS MY FIRST PROPERTY. THE RENTAL MARKET IS GOOD IN HOPPERS CROSSING BUT CAPITAL GAINS ARE LESS I CAUGHT UP IN A SITUATION WHERE  WETHER TO KEEP THIS PROPERTY OR  SELL THIS PROPERTY AND BUY IN GOOD AREA WHERE CAPTIAL GAINS ARE GUD.IT WILL BE GOOD IDEA TO KEEP THE PROPERTY OR SELL? CAN SOME ONE SUGGEST ON THIS ISSUE.

REGARDS
REDDY