Hi Pizang

There are still properties in country WA, in small farming towns, you generally only get a 2 or 3 bedroom fibro home and they can be a little hard to rent at times. I have in the process of settling on a property in Newman WA, bought it for $125,000 in Nov 04, at $400 p/wk rent and currently selling it back to the company i bought it off for$375,000, current rent $500 p/wk.

Western Australia mining towns have become negative geared, as price increases have outstripped rent increases. You can accquire positive cash flow properties through http://www.positiverealestate.com, i am in process of settling on a commercial property (fibro cottage) in Bourke, purchase price $95,000, rent $250 p/wk, 3+3 year lease.

Many promoters advertise positive, but it is only after depreciation, depending on deposit and tax variation or personal tax bracket that makes them positive.

Regards

Wayne