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Hi
I know everyone has there own conversations going on in here but does any one have an update for where to find CF+ properties in Oz?
That is the heading and after scrolling through 10 pages and that there hasn't been really any suburbs talked about.
Any ideas?
Cheers
well obviously depends where got any ideas yet?
Plenty of little towns that have been surviving for years of money from alot other services ie government
It depends how long you want to hold it for as well? is it for 5 years or 10 years quick money or slow?
town i am in has house for 270,000 rented out at least 450 a week
There is new land being released but because of the mission it is too get houses here it isn't practical for locals to buy and transport so builders buy as many blocks as they can then sell the houses at 390 and they are rented at 650 a week.
food for thought
i am so confused I have a current PPOR with $123000 left on mortgage house will be worth about 200,000 investment property is around 300,000 what is the best solution?
Pay the 10%deposit from what i have paid off mortgage on PPOR as I doubt I will be able to get 100%.
My plan is to let the investment property pay itself off (interest only) while still paying principal and interest on my PPOR is this the right strategy?house huntress do you own a porperty in Tennant Creek?
I have looked at it but it looks like the time to buy was about a year ago. Also with a population of only 3000 wouldn't maintenance be expensive as I have heard the quality is not the best.
The prices have pretty much doubled almost tripled in 2 years. Although a head lease is a great deal seems like 2 years too late
your thoughts?
The thing is Tennant Creek appears to be advertised to investors not locals as well that makes me more cautiousthanks for your help I have had a look around geelong but is quite expensive
I was thinking regional town and make money slowly of capital growth and positvely geared after probably 4 years
I understand about moe and morwell did you buy there? and have you made any money from rental and capital growth?
Do have thoughts on buying a duplex or a small group of units? out of our price range but there is not much information
any thoughts on mildura?
yeah sorry up to 300k I am looking for something that will be negative close to neautral and good capital growth I have noticed that regional areas fit this more ie mildura /bendigo hasn't had much capital growth but now is a good time to buy
