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We bought our first home in Mandurah (actually 10 mins toward pinjarra) on the river 6 yrs ago for $155k did about $50k reno’s now its worth over $600k [exhappy]
We just bought our first investment Property in Riverside Gardens (Mndrh) in a one way street across from a primary school for $228k 4×1 brick 10yo with tenants in place for $180pw ..but with a little cosmetics etc were hopeing to bump rent to $200pw which wouldnt be unreasonable in the area. I know its -cg but im sure the capital will still be enough to make it all worth while
I love Mandurah !!
Im newwww tooo, would anyone like to share where abouts these +CF properties might be found? preferably in WA..any good area’s? Im using the equity from my home to purchase first IP and i really dont want to put much $$ into it. (cant afford it)[blink]
Ta
