South Yarra is certinly as blue chip as they come. The suburb does vary considerably however, for example Darling Street is full of low rise apartments, and has a high renter population. Many other apartments in other parts of SY tend to more OO, for example Avoca At which is the next Street south parallel to Darling. Just get to know the area, so…[Read more]

You can gain access to Eastern Euro, including Polich retail property via APN Euro property trust, ASX code: AEZ.

Hi all,
I would be interested in starting an investment…..”gathering” or “group” in Melbourne. I am 27 and have a fairly extensive share portfolio. I am learning about residential property and have a fair idea where/what i want to buy in a few years time, i.e. once the pent up issues in the Australin economy are sorted out. There is no reason…[Read more]

You may be right, and it certainly isnt a suburb that will collapse in any significant overall market downturn either. Have you been looking in the area? i was considering it, and still potentially might at some stage, have you looked into Altona at all? I have started sussing out down there aswell after starting to do some volunteer work down…[Read more]

Ahhh one of my favourite suburbs Footscray. I love going there to eat or shop…..however, you must ask yourself…if these reasons to invest are really valid for property prices in Footscray

1) “close promitiy to the CBD”….but Yarraville has “gentrified” and Footscray shows little sign of doing so. Simply put, and not being racist, but…[Read more]

I believe it is 45 rent & 55 oo, i have friends down there who say it is a very diverse suburb also, so that ratio may vary significntly within different areas of the suburb

Thanks for the input guys,
What operator have you got leasing your hotel room attrill?
Cheers

Any more opinions/experiences out there?

Indeed your synicism is well founded. Nobody can predict how assets prices will change in the future, especially for residential property which at a broad level is basically driven by income growth and interest rates (and credit conditions). Most measures suggest that property is “overvalued” still, this of course doesn’t imply that it can’t get…[Read more]

Views on immigration will change and we will up the numbers…..someone has to work here and pay taxes.

Perhaps think of what Indians and Chiese like in their properties?

Hi,
Have you read my thread called “hotel rooms”? I discuss some issues about these apartments there.

In terms of finance, depending on how much the 15% is in $ terms, consider a new credit card. Provded your cacpacity to service is ok, you should be able to get 10-? k limit, simply cash advance the amount required and rollover the debt amount to…[Read more]

That is a remarkably high yield. Obviously there are significant risks or fine print. As any investment the current yield is only a very small amount of information relative to what you need to value the asset.
It’s good to see you being enthusiastic, but when you are inexperienced, everyone else can tell and will happily take you for a…[Read more]

for example this…

http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2005937295#