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You might be able to pick up a unit in the north side of ashfield for about 400k if your lucky. It might be worth a look at lakemba, belmore, harris park and granville. You could pick up units for around 250 -280k returning about 330 – 360 per week.
I to am looking for some one that can help with a strategy. Has any one had dealings with McCarthy Group?
Cheers,
Hi Finance Shop,
We reside in Sydney and would like to continue to invest here. Both our properties are apartments in the inner west of Sydney. We were looking at buying an IP house in western Sydney with DA plans for a duplex . I don't think we would able to muster enough money to build at the moment but could be forth while down the road. It seems that lots of people are buying in the Gladstone area which gives CG and cash flow.
We both work in stable public sector jobs with a collective gross income of about $130000 and no dependents or personal loans. We are starting to build wealth for our later years but not to retire till we are in our late 40's or 50's plus the property game is rather interesting. Our PPOR is P&I and our IP is IO. Not sure what you mean, "is the equity due to CG?" I think its just from the area that we have bought in.
We could afford another neg gear property but we're not sure if we should try and balance with something neutral or positive. We read all the magazines and website but there are just so many directions and strategies out there to take. Very confusing.
