I have a mix of properties, units, houses (old & new) in various states around Australia.
It’s been good for us in terms of capital growth. Our market, in general, is not in a growth stage but this is a great time to buy. Actually I think anytime is a great time to buy but my strategy is to never sell, so it means far less to me if I pay a little too much.
I paid about 10,000 too much for 1 place but it’s growth over 3 years was in excess of 250,000, so I’m not one of those people who think you have to wait for the right market, right price, right weather etc. Just do it.
My next ventures will be in development of some units or duplexes perhaps.
Re these basically single family homes?