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There has been some talk of late of the diminishing availability of +ve cashflow properties. They are still out there but granted you do have to look harder and be more innovative in your thoughts than before.
You will not find them in the inner city suburbs as you already know…you will generally find them in rural towns and populations right around Australia.Look for towns with good economic prospects, population over 15,000 and growing with very low vacancy rates for rentals.
You can check out: http://www.realestate.com.au or http://www.domain.com.au or even http://www.yourestate.com.au and selct yoru searches and start looking.
It is also a good idea to contact some agents in potential areas to keep an eye out for you on what criteria you need for +ve cashflow.
Remember, a no cash outlay -ve geared property may become +ve cashflow if you have a little more cash behind you for a deposit.Hope I have somewhat helped….
Cheers
ThayerNeed a New Mobile? Check out the newest phones best deals and plans at: http://www.aussiephones.com.au/member/Thayer
Thanks Property Guru & Pisces133. That has helped my thinking a great deal. Sometimes all you need is for someone to put things into perspective.
Ciao for Now
Thayer
Thanks for the advice/info “soleil” and “ANUBIS”…much appreciated. Will see how it goes
Thayer