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  • Profile photo of raviravi
    Participant
    @ravi
    Join Date: 2006
    Post Count: 8
    January 27, 2015 - 11:07 pm

    The council rate value that I was referring to was the improved capital value.
    The net income over 5 years was property around 120k, however there is no security of lease

    Profile photo of raviravi
    Participant
    @ravi
    Join Date: 2006
    Post Count: 8
    May 3, 2013 - 10:57 am

    Thanks for your replies.

    So what strategies are people using in Melbourne in terms of investment. Seems rental yields don’t even cover for interest. Property prices seems to have plateaued off or even if it did increase surely it won’t be anything like it used to be.

    Thanks for that idea oc, I havn’t really thought of that but something I will start to do some research on. Any pointers as to what I should start looking at in terms of areas what sort of land size etc.

    Profile photo of raviravi
    Participant
    @ravi
    Join Date: 2006
    Post Count: 8
    April 24, 2013 - 3:21 pm

    I am also interested are there any agents in Victoria/Melbourne?

    Profile photo of raviravi
    Participant
    @ravi
    Join Date: 2006
    Post Count: 8
    September 19, 2010 - 12:48 am

    hi,
    I am also very new here so my thoughts are of a newbie but I can't figure out what advantage it would be to you if you don't want to set it up has an investment property or to claim deductions. Plus the real-estate agent will get his cut as well.

Viewing 4 posts - 1 through 4 (of 4 total)