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Old 08-04-2015, 06:16 PM   #9
GASWAGON
FF.Com.Au Hardcore
 
Join Date: Mar 2005
Posts: 5,325
Default Re: investment property is it a good idea

What state are you looking at buying in?

If you are trhinking Sydney i would stay clear as the media and the RBA have been talking about its vulnerability to a price bubble because of such low interest rates.

Melbourne has been close to SYdney but I think its finally tapering off which is great as the market needs to cool and let buyers and wages catch up.

Perth is suffering because of massive iron ore price changes.

Other states i'm not that sure about.
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