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  • Profile photo of Sailesh CSailesh C
    Member
    @sailesh-c
    Join Date: 2005
    Post Count: 62
    May 9, 2005 - 12:38 pm

    This month will see the completion of my latest IP in Morningside. It is a 5 bedroom 3 bath with DLUG. The expected rental is somewhere between $500 and $550 per week.

    You will find thet there are very few houses of this size in the inner suburbs. Therefore renting them out is a lot easier.

    You will find the inner suburbs full of old 2 and 3 bedroom houses. Therefore if you purchase such a house as an IP you are competing with other landlords hence returns are low.

    Sailesh Channan

    http://www.developersedge.com.au

    “Helping you select,develop and profit from property”

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