Thursday, 30 October 2014

Property value update

I periodically review the value i record my investment property against the local market using valuation websites, local properties on the market and recent local sales.

According to all these indicators, local valuations are still increasing, so i've added an extra 5% to my recorded valuation.  Despite the latest increase, i'm still holding it at 10% below the market as i remain somewhat skeptical about how sustainable the recent price increases can be.

Property remains by far and away my most successful asset class, generating high yield along with material capital gains.

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