Property Investing

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FreshSoulL

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Hey guys,

I am looking into investing into a property and I need some advice??

Have you guys (Older kennellers) invested in property and how did you guys go about it?

Which areas are on the verge of a boom? best etc?

Any tips would be great :grinning:
 

Hacky McAxe

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I too am interested in this. I am considering property investment but the only thing I know about property is that if you stand up and I steal your seat, it's now my seat.
 

Rodzilla

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I too am interested in this. I am considering property investment but the only thing I know about property is that if you stand up and I steal your seat, it's now my seat.
thats why i never leave home tbh, also i need to protect my TV
 

Nano

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Give me the money bro, I do legit Lebo money laundering trust me wallah cuz.

Just joking haha, are you wanting to only have the land/property to make money off or want to live in it? There are a few places starting to grow and become nice places to live in like areas of Penrith and Campbelltown but if you want to make some money just buy somewhere students are in mass to rent out lol or do the Lebo thing and get a grannyflat.

On a side note, Merrylands is starting to impress me with all these nice big modern houses popping up everywhere.
 

K E

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Hey guys,

I am looking into investing into a property and I need some advice??

Have you guys (Older kennellers) invested in property and how did you guys go about it?

Which areas are on the verge of a boom? best etc?

Any tips would be great :grinning:
Avoid units/strata. Strata is crazy expensive and is borderline useless, especially strata for units. Strata for townhouses isn't too bad as usually the only common area is the driveway.

Units are a pretty poor investment in general, while Sydney rents are generally good, unit rent isn't that great compared to other property. You need to remember that land increased in value while the property itself increases in value very slowly, if anything at times.
 

south of heaven

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Hey guys,

I am looking into investing into a property and I need some advice??

Have you guys (Older kennellers) invested in property and how did you guys go about it?

Which areas are on the verge of a boom? best etc?

Any tips would be great :grinning:
IVE noticed that a lot of people from Sydney are snapping up properties on the central coast (have friends in the realestate game that back this up also ). There is a big demand for rentals up here
 

Nano

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IVE noticed that a lot of people from Sydney are snapping up properties on the central coast (have friends in the realestate game that back this up also ). There is a big demand for rentals up here
My mate is trying to do that at the moment, hope it works out for him haha
 

K E

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IVE noticed that a lot of people from Sydney are snapping up properties on the central coast (have friends in the realestate game that back this up also ). There is a big demand for rentals up here
We have a holiday/rental house in Berkeley Vale. I'm in love with that area, it's so laid back and relaxing.
 

Nano

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We have a holiday/rental house in Berkeley Vale. I'm in love with that area, it's so laid back and relaxing.
Mad invite cuz :(
 

south of heaven

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We have a holiday/rental house in Berkeley Vale. I'm in love with that area, it's so laid back and relaxing.
Yeah where's the man date invite , we can swear at stuff
 

FreshSoulL

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Avoid units/strata. Strata is crazy expensive and is borderline useless, especially strata for units. Strata for townhouses isn't too bad as usually the only common area is the driveway.

Units are a pretty poor investment in general, while Sydney rents are generally good, unit rent isn't that great compared to other property. You need to remember that land increased in value while the property itself increases in value very slowly, if anything at times.
Cheers for this :D!! Yea I think I will be buying property/land.
 
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FreshSoulL

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Give me the money bro, I do legit Lebo money laundering trust me wallah cuz.

Just joking haha, are you wanting to only have the land/property to make money off or want to live in it? There are a few places starting to grow and become nice places to live in like areas of Penrith and Campbelltown but if you want to make some money just buy somewhere students are in mass to rent out lol or do the Lebo thing and get a grannyflat.

On a side note, Merrylands is starting to impress me with all these nice big modern houses popping up everywhere.
Yallah lets do this cuzziiiiiii ;) HAHA

Na to rent out / make money off.

Is Parramatta area set for a boom?
 

DoggiesUtd

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i sold my place in November last yr...and still havent found the right house to buy yet...market is crazy atm... although i am buying to live in it...
i am not too sure now is the right time to buy an investment
 

Nano

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Yallah lets do this cuzziiiiiii ;) HAHA

Na to rent out / make money off.

Is Parramatta area set for a boom?
I live in Wentworthville but I have no idea about Parramatta, whats good about it is how connected it is to other suburbs and shit but things seem pricey in it. Wenty has become pretty expensive recently, its become a good area with alot more things becoming available and peaceful people (Indians and Sri Lankans) now moving in.
 

Doga

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The illuminati have taken over the market. Don't do it. It's a trap
 
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