Hi Jamie,

I was planning on getting the solicitor to review the vendor statement and contract during the cooling off period, rather than going to him for every property I'm willing to put an offer in for (I understand in VIC I'll lose 0.2% if I cancel during this period). I'm just not so sure on the restrictions I should place on the B&P…[Read more]

Thanks JacM,

I've had a look at Residex and found that Bayswater for example:

House
Median Purchase: $436k
Median Weekly Rent: $370
Gross Yield: 4.41%

Unit
Median Purchase: $348k
Median Weekly Rent: $350
Gross Yield: 5.23%

The average growth for both types of property in the area looks similar, and the vacancy rate seems to be at an average of…[Read more]