Dear All,
just a note to share with all about our 2 IPs in Frankston south/North.
One standard land+house at the start of Denbigh Street, bought in July 2007, today the bank valuation reflected 12% in capital gain.
Another one standard land+house in Frankston North, also bought in July 2007, today the bank valuation reflected 24% in capital gain.
I am not sure what to expect, i think 12% is a slow growth for coming 2.5 yrs. May be I bought it too high price then.
What are your comment pls ??
just a note to share with all about our 2 IPs in Frankston south/North.
One standard land+house at the start of Denbigh Street, bought in July 2007, today the bank valuation reflected 12% in capital gain.
Another one standard land+house in Frankston North, also bought in July 2007, today the bank valuation reflected 24% in capital gain.
I am not sure what to expect, i think 12% is a slow growth for coming 2.5 yrs. May be I bought it too high price then.
What are your comment pls ??