It's game on...Macarthur

For our investors who were astute enough to allow us to add Macarthur (Campbelltown NSW) as part of their investment property game plan, you can now start smiling ear to ear.

We purchased properties 2008 and early 2009 for $260,000 - $310,000, which at the time rented for $260-$320 p/w respectively, costing approximately $60 per week, after taking into account annual real estate fees, bills and interest payable, less the rental income... 

Now here we are... 12-18 months on and those same properties are worth $330,000-$370,000 and renting for $330-$370 p/w respectively, and are now cash flow positive. Even with rates on the rise they are looking sweet...or to put it in simple terms, making you money while costing you very little...

This is the result of buying in a depressed market with a high population growth – the demand for property exceeds the supply.

You have got to love the media when they support my theory on investing and promote our last two locations as the next two hot spots for property after we stop buying there. Watch the herds now flock to Macarthur and Wyong, bump up our property prices as they fight and scramble to buy property. The Daily Telegraph printed on 6th April 2010 the areas across the country with the highest population growth, guess who came in number 1??

Click here to read the Daily Telegraph article

You can keep reading these success stories or jump aboard and start investing with the wHeregroup...

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