All Topics / General Property / Please advice
Dear Friends! The last seminare I have attended was Steve’s in Melbourne last month. Any exiting seminar coming up in near future?
Help needed?
I am researching the town/city where I can buy my next IP. I would really appreciate if experienced people in this forum can help me to put me on the right track if I am on the wrong track or comment anyway.Two factors I am considering to find the postcode
1 – Affordable price of the houses Say $115,000. Above this price – If the avg. median price of the house in the town is more than $115,000, I will not look at that town.
2) Low capital growth in last year as compare to other towns in the same state. Low capital growth means >=15%. If growth is more than 15% – I will not look at the town.
After I find few towns which would satisfy above two criterias, I will search each town and find out about it’s population, growth, nearby town etc…
AM I DOING RIGHT THING..PLEASE HELP.
SINCERELY,[confused2]
VIRAL
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