My direct property investments looked bad this month - after an abnormally large increase in their "estimated values" last month, this month saw a downward adjustment back towards more realistic valuations. One of the problems using the available 6-mo median sales price data for each suburb is that the sales volumes are quite low, so a few unusual sales can skew the results up or down. Overall, my property investment was down $10,068 or -1.4% this month, which was only slightly offset by my mortgage balance decreasing by $626.
Overall, my networth increased $10,720 or 1.14% during September - an amount equivalent to the grand total I managed to save up during my university years (doing factory work every holiday)! As my Great-grandma used to say "Look after the pennies and the pounds look after themselves".

personal finance
investment
wealth
stocks real estate
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