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  • Profile photo of kapakkapak
    Member
    @kapak
    Join Date: 2008
    Post Count: 3

    Hi Prop Fin,

    Yes I'm still hunting for approx. 60-70m2 2 bedrooms with a carpark. Which apartment you are talking about mate?

    Profile photo of kapakkapak
    Member
    @kapak
    Join Date: 2008
    Post Count: 3

    hmm.. no posting :(

    maybe some extra info would be helpful.

    I was thinking to purchase 2 bedroom apartment (prices ranging from 550-600k). Body corporate approx. 4k per annum.

    With the current rental rate, do you guys think it would be possible to get $500 per week? (for 2 bedrooms)

    Since the apartment will be completed in 2011 (2 years later), I used extra 1-1.5% from the current home loan rate as my repayment calculation and i ended up with 1-1.5k monthly repayment ("assuming" the rooms are rented out)

    what do you guys reckon? Thx in advance!

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