+ Reply to Thread
Page 2 of 3 FirstFirst 123 LastLast
Results 11 to 20 of 25
  1. #11
    Join Date
    Feb 2009
    Location
    my house
    Posts
    18,205
    Thanks
    1,433
    Thanked
    7,831
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    As I said, this would be a long term investment, wouldn't be buying just for the growth.

    Investment would be positively geared.

  2. #12
    Join Date
    Jul 2010
    Posts
    10,749
    Thanks
    3,337
    Thanked
    6,677
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Quote Originally Posted by BigRedV View Post
    We are thinking Adelaide or rural NSW.

    One town has rental yield of 7.97% but only 2.36% annual average growth, although some houses have sold for 5x the original price in last 10 years.

    The other has rental yield of 6.83% and 5.59% average annual growth.
    Rural NSW I should be able to help you with info if you need it ( how long it's been on the market, what they paid for it etc )

  3. The Following 2 Users Say Thank You to Elijahs Mum For This Useful Post:

    BigRedV  (09-07-2016),Wise Enough  (09-07-2016)

  4. #13
    Join Date
    Feb 2009
    Location
    my house
    Posts
    18,205
    Thanks
    1,433
    Thanked
    7,831
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Quote Originally Posted by babyno1onboard View Post
    I would think Adelaide would be a more stable market. Rural areas are a bit more of a gamble.
    Yep, cities are obviously a better bet but the house prices in some areas are so low we could almost buy 3 houses outright

  5. The Following User Says Thank You to BigRedV For This Useful Post:

    babyno1onboard  (09-07-2016)

  6. #14
    Join Date
    Jun 2012
    Posts
    1,931
    Thanks
    1,722
    Thanked
    909
    Reviews
    0
    Achievements:Topaz Star - 500 posts

    Default Investment property question

    Quote Originally Posted by BigRedV View Post
    We are thinking Adelaide or rural NSW.

    One town has rental yield of 7.97% but only 2.36% annual average growth, although some houses have sold for 5x the original price in last 10 years.

    The other has rental yield of 6.83% and 5.59% average annual growth.
    I live in rural NSW (Murray river/boarder of NSW/VIC) and our town has a huge demand for rentals. Cheap house prices too.

  7. The Following User Says Thank You to Happymum2 For This Useful Post:

    BigRedV  (09-07-2016)

  8. #15
    Join Date
    Feb 2009
    Location
    my house
    Posts
    18,205
    Thanks
    1,433
    Thanked
    7,831
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts

    Default Investment property question

    Quote Originally Posted by Elijahs Mum View Post
    Rural NSW I should be able to help you with info if you need it ( how long it's been on the market, what they paid for it etc )
    Thanks for that

    Been looking at Wellington.

    I looked at onthehouse and there's a house that sold for $20k and now selling for $100k 10 years later
    Last edited by BigRedV; 09-07-2016 at 20:47.

  9. #16
    Join Date
    Feb 2012
    Location
    Sydney NSW
    Posts
    1,919
    Thanks
    629
    Thanked
    652
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    I would still think soil in Sydney would be a good option ??

  10. #17
    Join Date
    Feb 2009
    Location
    my house
    Posts
    18,205
    Thanks
    1,433
    Thanked
    7,831
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts

    Default Investment property question

    Quote Originally Posted by Happymum2 View Post
    I live in rural NSW (Murray river/boarder of NSW/VIC) and our town has a huge demand for rentals. Cheap house prices too.
    Oh, I used to live/work in Dareton and then moved to Mildura as Dareton too small!

  11. #18
    Join Date
    Feb 2009
    Location
    my house
    Posts
    18,205
    Thanks
    1,433
    Thanked
    7,831
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Quote Originally Posted by littleriv View Post
    I would still think soil in Sydney would be a good option ??
    If you can afford it

  12. The Following User Says Thank You to BigRedV For This Useful Post:

    littleriv  (09-07-2016)

  13. #19
    Join Date
    May 2009
    Posts
    4,802
    Thanks
    1,043
    Thanked
    2,264
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by BigRedV View Post
    Yep, cities are obviously a better bet but the house prices in some areas are so low we could almost buy 3 houses outright
    Yea but there is a reason for that and it isn't pretty.

    Go Adelaide or Hobart.

  14. #20
    Join Date
    Feb 2009
    Location
    my house
    Posts
    18,205
    Thanks
    1,433
    Thanked
    7,831
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Quote Originally Posted by janesmum123 View Post
    yea but there is a reason for that and it isn't pretty.

    Go adelaide or hobart.
    lol


 

Similar Threads

  1. Property question
    By MrsMummaButterfly in forum General Parenting Tips, Advice & Chat
    Replies: 9
    Last Post: 26-04-2016, 21:58
  2. Tell me about investment properties.
    By DesperatelySeekingSleep in forum General Chat
    Replies: 23
    Last Post: 10-08-2015, 11:36
  3. WWYD -Property Question
    By A-Squared in forum General Chat
    Replies: 45
    Last Post: 08-08-2015, 21:42

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
FEATURED SUPPORTER
TPS Health Physiotherapy and PilatesTPS Health Physiotherapy and Pilates has three clinics located at Morningside, Redlands and Lutwyche. We offer pre and ...
REVIEWS
"Made bed time less anxious"
by Meld85
My Little Heart Whisbear - the Humming Bear reviews ›
"Wonderful natural Aussie made product!"
by Mrstwr
Baby U Goat Milk Moisturiser reviews ›
"Replaced good quality with cheap tight nappies"
by Kris
Coles Comfy Bots Nappies reviews ›