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Old 02-05-2007, 10:24 AM
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Apartments have a life span, and also include strata costs etc - but can be good for quick return, if u buy right - but as said above they are flooding into the market right now. Soil is a no loose scenario BUT you must educate yourself with the suburbs that will have further growth vs the ones that have already experienced decent growth and values have now plateaued. Best way to educate yourself is immerse yourself in the suburbs of interest, inspect houses/sub divisions and get a feel for the market and the rate of sales in the area. Soil is better than money in the bank.
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