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  • Profile photo of davali2003davali2003
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    @davali2003
    Join Date: 2004
    Post Count: 2

    Mark – the % return is simply calculated by the weekly rent ($300) multiplied by 52 (weeks in year) divided by the purchase price of property ($300k) – therefore the return is a gross calculation before any tax breaks etc (or other expenses).  For higher returns, from other potential properties do some internet searching  (eg http://www. realestate.com.au). You may also consider commercial property that should provide a higher return (but maybe not the capital growth).  David.

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