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  • Profile photo of ben01ben01
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    @ben01
    Join Date: 2004
    Post Count: 2

    g’day,
    never done this before so dont know if it will get posted but if you are after some examples of positive cashflow properties then have a look at some of the properties in mining towns. I moved to kalgoorlie about 6 years ago and in that time i’ve rented a 5 bedroom house (with a few mates) for $320 a week and it got sold at the end for $170,000, $250/week for a 4 bed house that cost $120,000, $200/week for a 2 bed appartment in a secure complex thats worth around $150,000 these days. I only decided last month to invest in property and havn’t done any fact finding missions regarding vacency rate, capital gains, state of the market but there are alot of mining towns all around this country and the 6 or so i’ve visited with work all appear to be the same.
    Let your mouse do the walking and never give up.

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