…investing in property at least gives you rental returns ….writing off against your taxable income ….reduce capital gains tax rate if you hold over a year … you can borrow up to 90 on property investment…. No one can read the crystal ball but I know one thing if you are not in it you won’t have a chance to make any gains in life …..
Do you think the property market in Perth will crash ? I know the market is inflated by interstate investors and once they stop getting there 7% return they will shut up shop and leave. That’s why I am a bit hesitant to buy
sorry again Eddie. the location of those units is not blue chip. The units are probably in Belmont, Rivervale or Vic Park. None are blue chip. The blue chip locations in Perth are in the golden triangle west of the cbd from the city to Triggs /North beach then south along the coast to Fremantle. Not the locations u have purchased in east of the cbd. If the unit block you purchased are not strataed , there are individual costs involved in obtaining a strata title for an individual sale. Council may require fire locks in the ceiling plus additional electrical work to upgrade to Council by laws. there is also stamp duty payable for the issue of each individual strata title if you currently don't hold ten individual titles. Perhaps this also needs to be mentioned as it will significantly reduce your profit margin on each unit. There is also a capital gains tax on the sale of each individual unit if sold. Further unit prices do not increase in value more than houses. no need to sugar coat the Perth market for your Eastern states client base.
Theyre in Mount Lawley mate, In the previous vid you could see the sale sign out the front with the area written on it Mount lawleys definitely blue chip by anyones definition
The clip I watched was for a single town house with the old federation house next door which was claimed to be worth up to 3 million dollars (good luck). The sign at the front indicated the property details and the agent details. nothing re Mount Lawley. Yes, Mt Lawley is an upper middle class area but really not blue chip. Peppermint Grove, Mosman Park, Nedlands , Cottesloe etc are suburbs I would deem as blue chip. If you (and Eddie) have lived in Perth for some time, you would know that.
…investing in property at least gives you rental returns ….writing off against your taxable income ….reduce capital gains tax rate if you hold over a year … you can borrow up to 90 on property investment…. No one can read the crystal ball but I know one thing if you are not in it you won’t have a chance to make any gains in life …..
Do you think the property market in Perth will crash ? I know the market is inflated by interstate investors and once they stop getting there 7% return they will shut up shop and leave. That’s why I am a bit hesitant to buy
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sorry again Eddie. the location of those units is not blue chip. The units are probably in Belmont, Rivervale or Vic Park. None are blue chip. The blue chip locations in Perth are in the golden triangle west of the cbd from the city to Triggs /North beach then south along the coast to Fremantle. Not the locations u have purchased in east of the cbd.
If the unit block you purchased are not strataed , there are individual costs involved in obtaining a strata title for an individual sale. Council may require fire locks in the ceiling plus additional electrical work to upgrade to Council by laws. there is also stamp duty payable for the issue of each individual strata title if you currently don't hold ten individual titles. Perhaps this also needs to be mentioned as it will significantly reduce your profit margin on each unit. There is also a capital gains tax on the sale of each individual unit if sold. Further unit prices do not increase in value more than houses. no need to sugar coat the Perth market for your Eastern states client base.
Theyre in Mount Lawley mate, In the previous vid you could see the sale sign out the front with the area written on it
Mount lawleys definitely blue chip by anyones definition
The clip I watched was for a single town house with the old federation house next door which was claimed to be worth up to 3 million dollars (good luck). The sign at the front indicated the property details and the agent details. nothing re Mount Lawley. Yes, Mt Lawley is an upper middle class area but really not blue chip. Peppermint Grove, Mosman Park, Nedlands , Cottesloe etc are suburbs I would deem as blue chip. If you (and Eddie) have lived in Perth for some time, you would know that.
@@davidhawkins4495 I have lived in Perth my entire life? Its absolutely common knowledge that Mount Lawley is blue chip.