Hi folks, What are your thoughts on investing in the Sydney, Wollongong, Newcastle or central coast areas over the next 6 months? Thanks.
It depends,
What are your goals? eg lump sum profits, capital growth, cashflow, income to live off (financial freedom) etc
What is your strategy? eg positive cashflow, negative gearing, renovation, subdivision, development, wraps/vendor financing etc
'Investing' is such a broad term. Get specific with what you want to achieve out of your investing!
Remember the deal of a lifetime goes by EVERY WEEK!
It's about positioning yourself to capitalise on it!
Good luck!
anne1000 wrote:Hi folks, What are your thoughts on investing in the Sydney, Wollongong, Newcastle or central coast areas over the next 6 months? Thanks.Sydney is booming as is Newcastle. Terry Ryder has Newcastle on his hotspot list.
The NSW Central picks up the ripple from these places about 6 months afterwards – it has been gaining in the last few months.
I imagine W'gong does the same – but I don't know it personally.
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