Reply to thread

Message: [QUOTE="Huge, post: 3231474, member: 1992"] 10% and you're correct, it's a gamble. I didn't do it to be sophisticated. I wanted a view of the ocean and plan to live there when I've finished working. It was never to make money. I did some research and 20 months ago there was quite a few predictions of a 5% growth in values so I thought, why not. Covid happened and what do you know, there's been a big shift in the market due to investors/buyers looking for property in popular holiday destinations. There's been a surge on the Gold Coast as overseas holiday destinations have collapsed. That has resulted in growing demand for aussie destinations. Got lucky in a sense but it was never about investment. The fact it's beachfront with unobstructed views left and right means it's desirable as a holiday rental. [/QUOTE]

No members online now.

Total: 4 (members: 0, guests: 4)