Now's The Time for Sydney Property

Intelligent Investor

Independent Financial Research

Now's The Time for Sydney Property. That's the headline that screamed at me from my grandmother's back porch on the weekend. The local real-estate agent had delivered a brochure professing themselves the best in the business. It was the second page that really grabbed me though. A two-bedroom home on 900 square metres in Peakhurst has just sold for $1.408 million dollars. There's nothing wrong with Peakhurst. It's a perfectly respectable suburb 30km south west of Sydney's CBD. And 900 square metres is a nice sized block of land. But it's still just two bedrooms in Peakhurst. And it's still one point four million dollars, in a country where the median annual income is $57,000, pre-tax. In a letter to the real estate agent, the two sisters selling the property wrote The overwhelming result has us both dumfounded. Ladies, that makes three of us. (VIEW LINK)


Intelligent Investor
Independent Financial Research

Intelligent Investor is an independent financial research service with a 14-year history of beating the market. Our value investing approach empowers Australians to make more informed decisions to build their long-term wealth. We off structural...

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