Hi,

In terms of Armadale, it has had a 44% capital growth in the last year, so you may have missed the boat and rents havn’t kept up.Karratha has had a high median house price for the last five years (>300K) although rents are high, so you may have missed the boat there too. As far as I know there is a shortage of housing so high rents. They may…[Read more]

Can I just say that yes it is possible to find properties that you can turn into cahflow positive, but in today’s market it is hard work and if you are not prepared to put in time and effort you may not reap the rewards. Investing in real estate is not a way to get rich quick unless you put in some serious effort early on.
Our PPOR has turned into…[Read more]

Hi I have a friend who lives in Kalgoorlie and they have had massive growth in their house (as with all WA) and it is a booming area. As long as mining is booming it would be a good move I think

Therese

Hi, I am not that experienced but how about buying investment properties that are cashflow positve(or that you make so) and then buying a property that will get good capital growth (mostly these are negatively geared) and using the income from the positve properties to pay the shortfall?

Therese

Sorry forgot to add- we probably want something that is reasonably good but not the flashest twonhouse.

Therese

Thanks Alistair,

We are looking at buying a house and building a townhouse on the back after subdividing. Land would be about 350-390m2 to build on, we think a 3 bed 2 bath townhouse.
thanks!

Therese

Hi,
We are looking at buying around Burwood/Box Hill South at the moment. If you’re into developing you could pick up a old house on a subdiviable block that you could build a house on the back or completely develop later on if you wanted to. Box Hill south has reasonable size blocks and there are lots of examples of what could be done if you…[Read more]

Hi Ken,
We are in a similar situation to you, with our home in Perth having a huge capital gain in the last few years.
We have just moved to Melbourne and are thinking of doing a similar thing to you, buying an investment property using our equity. Similar situation to Perth, except the rent is better over here. However, still not good enough to…[Read more]

Thanks guys, lots of food for thought!!

The amount we can borrow is our limit(in terms of repayments, interest only) so i think we might try to do things in smaller steps and are looking into doing a jv.
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