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- mumofthree wrote:hello, "…cosy 2-3 bedroom home walking distance to CBD, all in original condition, a little tlc and you have yourself a good rental property. Rental expectation is $130 per week, rates approx $900 p.a. … $65,000 " Is this a good invsetment in terms of fitting the 11 second solution? And a CF+ Deal? Would anyone purchase such a place for investment? How much deposit would YOU place and how much would YOU budget for a reno? Just curious…
Sounds good to me! Wondering what the mid to long term growth would be in the area. At that price it sounds like a small rural location. Is it on the up or, like many rural areas, losing population.
Does it have capital infrastructure ear-marked for it. Is government or the private sector investing in the area?
I'm new to this forum, but there is some great stuff in here. Thankyou to all contributors.
We are personally on the verge of embarking on a 10 year investment strategy so we can enjoy our retirement.
There are some incredibly intuitive minds out there with incredible knowledge – use them up, I say.
Best of luck everyone.
I'll be checking in here regularly.
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