Hey newcollector,

Im in the same boat as there. Im 21 with 2yrs uni left. I live in Perth and have been looking for CF+ve properties also.

From my searching i have realised that finding residential property in the perth metro area with high rental returns is near on impossible. I then started looking into regional and rural areas and managed to find a couple of places that were almost +vely geared. However, when turning to commercial property i immediately found a number of small offices for sale. The one i am currently looking into is asking for $55,000. and could be rented out for 5500 p.a. As it is a private sale u could expect lower closing costs and i worked out that after expenses and taking out a loan of $60K would net me about $254 p.a.

Although this is a tiny annual net return, it will have cost nothing to aquire so its free money, also any capital growth would be a bonus also…

So my advice would be to explore as many markets and options as possible, as there are deals out there, you just have to be looking in the right places.

Cheers and Good luck!!
Choges