Live in the city and offer a nice lady rent for sex. Such a win
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Live in the city and offer a nice lady rent for sex. Such a win
Used to see those kinds of ads on Gumtree. Was thinking about it when I first came to Australia but then “no free lunch ever” so I didn’t fall for that trap. Some of my colleagues used to see an old man offering free accommodation, free meals and $500 per week to live with him. Hmmm.
I'm renting a one beder in Potts Point, close to the action.
I'm noticing the price to buy a one bedroom apartment or semi is coming down.
Saw an ad for $650k in Potts Point, that was unheard-of last year.
I'm in the financial services, lots of foreign investors are leaving our shores, plus there is an oversupply in certain areas.
Save your money and pick up a bargain in 1 or 2 years. Especially if the interest rate goes up over 1%.
Alot of Chinese investors.
One complex I worked on, a Chinese investor bought 3 levels! 3 fucking levels of apartments!!
He was based in China, and didnt even come over to check them. He sent an assistant who arrived in the morning. Checked all of the apartments, and left for China that evening. All given to the real estate agent to deal with.
Forget about the new complexes, look for the older blocks.
It's getting harder for Chinese investors to bring money over. The Chinese government is coming down hard on that. Also, local banks won't lend them money like they used to.
We can already see this affecting the price in some areas. House and land will be rare, hold on to that if you can, it will be worth a fortune in the future.
Plus there's the trade war and heavy debt in China.
Potts point, prime real estate for punters. lol
Potts Point? Close to what action?
Potts Point. No.
I used to live in a unit on Park Street near QVB
Haha wish I’d taken notice of the dates in the first posts in this thread as I’ve just spent a bit of time looking for these fantastic real estate deals!!
2005 my brother and I shared a penthouse in Pyrmont for $750 a week. Wasn’t popular you see. All of these suburbs mentioned close to CBD have become much more sought after and rents come up. So more building conversions and construction... you’d have to think rents will flatten and maybe drop as this supply really kicks in.
Renting near punting haunts? Hmmm I’m not sure that’s a problem wherever you rent.