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My entire portfolio would fall into the lower socio/working class areas as the numbers stacked up for each purchase, haven’t had any troubles with this.
Thanks for the input. I am looking for the first investment property and there is a lot I need to learn.
Hey Peter, is there any reason that you want to buy in the Melbourne area? Have you considered widening your search to other states which would enable you to choose from a wider range of properties?
Hi, Anthony, I live in melbourne and probably will be in melbourne in the near future. But I am more than happy to consider other states if the CG and rental income are promising.
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