All Topics / Help Needed! / first investment help

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  • Profile photo of dan81dan81
    Member
    @dan81
    Join Date: 2007
    Post Count: 1

    Im 25 and looking to make my first property invesment.
    ive been looking at positiverealestate.com.au, they find properties with high rental return for sale.
    Im also looking at buying a property in the gosford area(central coast,nsw) and constructing a duplex or two villas and selling them seperatly, ive noticed masterton homes build duplexes starting at $290000, is that reasonable.
    buying a property with high rental return seems the easiest route as im new to all of this.
    I earn $100k a year and have around $50k for a deposit.
    Any help or other ideas would be great thanks…

    Profile photo of loccolocco
    Member
    @locco
    Join Date: 2007
    Post Count: 62

    Hey Dan,

    I can’t help you with where to find +CF properties but i can help in the cost of building. The cost and build price all depends on a few factors such as size of dwelling, fit-out of dwelling and materials.
    Masterton for $290k what do you get??

    Please feel free to drop me a message i would be interested in helping you out with building advice if you would like??

    Luke

    Elijah Homes
    [email protected]

Viewing 2 posts - 1 through 2 (of 2 total)

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