#RealEstate #Investment #HeiseSays
People are beginning to liquidate flee from their Student Accommodation property investments. While Real Estate Agents and the media are presenting these properties as a “fantastic investment opportunity, the reality is very different. $100k may sound like a steal for a three-bedroom townhouse but holding costs of 6% and no capital growth for 5 years doesn’t.
References
Ridiculous price: $100K for three-bed townhouse
https://www.realestate.com.au/news/ridiculous-price-100k-for-threebed-townhouse