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  • Profile photo of hvhomeownerhvhomeowner
    Member
    @hvhomeowner
    Join Date: 2009
    Post Count: 3
    propertunity wrote:
    Hi hvhomeowner,

    Property investors typically want capital growth as well as rental yield. Golf course properties are usually pretty good for cap. growth. REAs say $320 – $350pw rental income – but how much is your property priced at?

    We're on at $345,000 which is the bottom end of market value. Once we pay agent fees on the place we will have actually lost money.

    Profile photo of hvhomeownerhvhomeowner
    Member
    @hvhomeowner
    Join Date: 2009
    Post Count: 3

    Nope that's not it. Our home is in Hidden Valley, the old Holmes A'Court Stud farm which is now an estate. 2500 acres but only 950 housing permits so it's not like living in the town itself. Hidden Valley is about 3 minutes out of town up the Northern Hwy.

    Yep our agent has listed us on both the websites you've mentioned. We've had quite a few viewers, but no buyers yet.

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