All depends on the property, could be positive or neutrally geared not costing anything, or it could be blue chip very negative costing much more than $10k pa
A lot of location picking comes back to when more over where, that statement might make sense now but it didn’t in 2015 Be open to everywhere, and remember when over where 😊
Surely Wanneroo itself would be a far better investment than Alkimos if a person had to make that choice. Alkimos is quite a bit north of even Wanneroo itself and Wanneroo at least has decent infrastructure close. Admittedly older homes but the block sizes are decent and it has better road connections. Not that I'm in to suburbs that far north but it would seem to me that if a person wanted a sea change or bush type setting but still wanted decent services then Wanneroo would be better than Alkimos.
loving the insightful interviews with junge. please do more of these regularly
Awesome thanks mate, we'll keep more coming 🙂
Seriously, how could you always read my mind on what topic I want ?😂😂
hahaha we hid a microphone in the last pizza you bought 😉
@@pizzaandproperty1246 🤣🤣
What are the costs of holding investment property in another state? Roughly 10k extra?
All depends on the property, could be positive or neutrally geared not costing anything, or it could be blue chip very negative costing much more than $10k pa
Remember Perth is not Sydney or Melbourne. It's a beautiful city but very mining focused
Correct Perth is not Sydeny, and a black cat is not a white cat but if they both catch mice it doesn’t really matter 😉
Mining plays less of a role now compared to before. Perth has developed and diversified
WA does make money, NSW does not. Just saying...
A lot of location picking comes back to when more over where, that statement might make sense now but it didn’t in 2015
Be open to everywhere, and remember when over where 😊
Alkimos is just a sand pit with tiny blocks and Legoland houses - hard pass.
Alkimos has some of the lowest value housing in Perth. Tiny blocks, tiny houses, common walls, lack of parking. Avoid.
Surely Wanneroo itself would be a far better investment than Alkimos if a person had to make that choice.
Alkimos is quite a bit north of even Wanneroo itself and Wanneroo at least has decent infrastructure close. Admittedly older homes but the block sizes are decent and it has better road connections. Not that I'm in to suburbs that far north but it would seem to me that if a person wanted a sea change or bush type setting but still wanted decent services then Wanneroo would be better than Alkimos.
Land banking.
What are the costs of holding investment property in another state? Roughly 10k extra?