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The property I found with that ID is a unit for 329k in surfers paradise…not an area I'd invest in and not the return. Have we got our wires crossed somewere?? Where (town) is the 139k property for sale?
Russell,
I have 2 IP in Newcastle (bought 9 years and 4 years ago)…they have always been tenanted (good rental demand) and have seen great capital growth in one, modest in the other. I am living in Sydney but husbands family is from Newcastle. If you buy I can recommend a property manager up there.
Cheers
GayleMike,
Appreciate your fast response – the information is great.
Many thanks
Gayle
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