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  1. #11
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    As I said, this would be a long term investment, wouldn't be buying just for the growth.

    Investment would be positively geared.

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    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 )

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

  4. #13
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    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

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    babyno1onboard  (09-07-2016)

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    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.

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    BigRedV  (09-07-2016)

  8. #15
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    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 19:47.

  9. #16
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    I would still think soil in Sydney would be a good option ??

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    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
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    Quote Originally Posted by littleriv View Post
    I would still think soil in Sydney would be a good option ??
    If you can afford it

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  13. #19
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    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
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    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


 

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