Redcorp replied to the topic Melbourne suburbs <300k in the forum Help Needed! 17 years, 8 months ago
Hi Hayley,
In my opinion l think you need to make sure you are clear about the Investment and look at what it is for… Is it for a quick gain is it for long term growth.,..
After spending 10 years in the property market in Melbourne CBD l have seen a lot happen over this period and l am a big believer that Melbourne CBD (IN THE RIGHT…[Read more]Redcorp replied to the topic Total costs associated with an investment property in the forum Help Needed! 17 years, 8 months ago
Hi Glasco,
Other cost to consider are Body Corporate Cost if applicable, Stamp Duty, if its an Investment Landlord Insurance.
In relation to Finance there can be costs from $500 to 5,000 depending on the property and who you lend threw.
Managing your property in Melbourne can cost between 5% to 7% and one and a half weeks rent but l am not sure…[Read more]