Guzee wrote:

Hi All, looking at investing in Playford area of SA and can’t seem to make up my mind on the following suburbs: a Andrews Farm, Munno Para West, Elizabeth Area & Davoren Park. Any suggestion please?

Really depends on what you’re trying to achieve from your purchase.
Davoren Park may have best cashflow since purchase price is likely to be lowest. It’s the most feral of those you listed.
Andrews Farm I don’t see going far – its rents are about the same as neighboring areas but its prices are higher and yields are lower, so isn’t attracting much Investor attention. It doesn’t get a whole heap of Owner Occupier attention either.
Elizabeth area I’m heavily invested into, and for good reason, as it matches my risk profile and return requirements. This does not mean its a good investment for you though – what are you actually looking for?

Buy 4 more places (2 down, 2 to go for 2014)
Reduce my non-deductible loans

• This reply was modified 10 years, 6 months ago by  D.T..

Jamie Moore wrote:

What sort of management fees are we talking?

I would have thought that the Perth market would be large enough to fuel competition.

Cheers

Jamie

Heaps of places in Perth charge 9.35% + GST + 2 weeks letting fee + monthly admin fee + yearly fee + condition report fee + inspection fee + tribunal fee + lease renewal fee + bum scratching fee + GST on all of the above