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  • Profile photo of geoffhopkinsgeoffhopkins
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    @geoffhopkins
    Join Date: 2003
    Post Count: 2
    August 11, 2003 - 5:41 am

    Thanks for the comments – an agent cautioned me away from the distant regional centres (e.g. the aforementioned 200km north of Melbourne) because rental demand is lower and capital return is much less. I know you can’t win on all fronts, but what experiences have others had in locating suitable properties? Cheers, Geoff.

    Profile photo of geoffhopkinsgeoffhopkins
    Member
    @geoffhopkins
    Join Date: 2003
    Post Count: 2
    August 11, 2003 - 5:24 am

    The agents in Geelong and Bendigo laugh at me when I say that 5% is not attractive to me, and that 10.5% is the required yield.

    Am I missing something here? Properties like that are considered as rare as the proverbial, so what is next in the thinking process? Cheers, Geoff.

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