How to choose a new apartment that will go up in value
When former Sydney council officer Owen Sergeant and his wife Kerrie started thinking about buying an investment property that would have a good resale value, they found the perfect way of short-cutting the whole process.
“At the end of a meeting with my financial advisor, I asked him what he was doing with his money,” said Mr Sergeant, 65. “He then told me he’d just bought two apartments in a new development in Marrickville. So I checked them out, and they looked good – so I bought one, too!”
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