The exit strategy is also a relevant factor. If you had bought five dock at 1.7m held it for 5 years. Sold it. Claimed it as a principal place which means not CGT. U woupd have 700-800k in the bank. Put in etfs get a 7 to 8 per cent return. Use return to rent 1.5k a week place in five dock. No mortgage. No stress. Rent already paid with returns. No repairs or maintenance. No fees on agents, buyers agents, banks, lawyers. 700k in funds. Financial freedom with 1 property.
The data says otherwise all LGAs with 10k+ ppl have performed similarly over the long term. Most areas see the majority of the growth in 4-6 years of each 18.6 cycle you just pick the right area at the right time regardless of city vs regional
good video, but in Sydney house ( not unit or apartment ) have gain more than just 41% in Granville ...etc. its on part with 50 % over. I am not sure how that website got the figure from. i know for a fact house in my area would sell for $1.2m in 2019 and they are worth 1.8m to $1.9m.
Murarrie is 9kms from Brisbane CBD and currently an undervalued 'Bridesmaid' suburb with riverfront and awesone train/freeway access. Watch this suburb due to...Brisbane International Cycle Park at Murarrie Recreation Reserve, Minnippi Golf Course, East Village Development..
Would this assessment look any different if instead you of 4, the horizon was 10 years? I think over a span of 10 years, bigger cities (hotstops) perform better as compared to remote cities...
The exit strategy is also a relevant factor. If you had bought five dock at 1.7m held it for 5 years. Sold it. Claimed it as a principal place which means not CGT. U woupd have 700-800k in the bank. Put in etfs get a 7 to 8 per cent return. Use return to rent 1.5k a week place in five dock. No mortgage. No stress. Rent already paid with returns. No repairs or maintenance. No fees on agents, buyers agents, banks, lawyers. 700k in funds. Financial freedom with 1 property.
I like this idea geniuses. Got this.. five dock my neighbour
Hey Ravi; what site/software are you using for the suburb growth data when referencing Grantville etc?
For short term growth it's a good strategy. But long term metro will still out perform rural and you will be priced out in time from metro areas.
The data says otherwise all LGAs with 10k+ ppl have performed similarly over the long term. Most areas see the majority of the growth in 4-6 years of each 18.6 cycle you just pick the right area at the right time regardless of city vs regional
Hi, thanks for the great vidro. Can you talk about advantages and disadvantages of buying apartments vs houses vs rent vesting? Thanks.
good video, but in Sydney house ( not unit or apartment ) have gain more than just 41% in Granville ...etc. its on part with 50 % over. I am not sure how that website got the figure from. i know for a fact house in my area would sell for $1.2m in 2019 and they are worth 1.8m to $1.9m.
Granville - 7.2% annualised (excluding all the expenses etc)
I made 74% in the last 2 years on the S&P500 index fund. This is dumb.
Hi Ravi, where do you find these trends/graphs?
Murarrie is 9kms from Brisbane CBD and currently an undervalued 'Bridesmaid' suburb with riverfront and awesone train/freeway access. Watch this suburb due to...Brisbane International Cycle Park at Murarrie Recreation Reserve, Minnippi Golf Course, East Village Development..
Bro you making so much sense!
Look at fivedock now - 73% increase over the last 5 years
Would this assessment look any different if instead you of 4, the horizon was 10 years? I think over a span of 10 years, bigger cities (hotstops) perform better as compared to remote cities...
Remote cities - yes. Regional hubs - no. Some areas have been outperforming major city suburbs for over the last 30 years. It’s wild
Such as where?
Parra and Granville all the way...
The food is cracker over there!
Fresh cut 👍
Hi Ravi, i filled out all my details where it also asks if i hve pre approval on yr link about 3 weeks still no contact bck is this normal time frame?
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