Quote:
Originally Posted by Alpha Trion
Purchased for $640k 3months later selling for $670k and after talking to the neighbours.. they purchased at $580.. WOW. School at the top of the street, church 2mins away.. 5mins from Hoxton Park Rd/ M7 and the street isn't fully developed yet.
looking at the price since purchase, its going up by $10k per month and the price since my neighbors purchased a year ago.. it's all growth.
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So this little earner appreciates $120K pa, that's approx 19% on your buy price
not sure whether to laugh or cry.