Total Members: 159,403

youngm

  • youngm replied to the topic Lots of vacant rental properties in a suburb? in the forum General Property 10 years, 7 months ago

    Good point, Jamie. This is actually quite a large town with ~34,500 in population.

    Spoke to a couple agents in the area and they advise it takes typically 2-3 weeks to get a tenant in, which sounds promising.

    I think we’ll go ahead and buy this property we have our eye on and see how it goes :)

    Thanks again!

  • youngm started the topic Lots of vacant rental properties in a suburb? in the forum General Property 10 years, 7 months ago

    Hi guys,

    We were thinking of purchasing a nicely renovated 3BR investment rental property in a suburb very close to the Peninsula which has a vacancy rate of approx 2.1%. The property is very close to all major amenities, schools, transport, cinemas, Uni and the local CBD and hospital etc.

    After further research, we found there are approx 144…[Read more]

  • youngm became a registered member 10 years, 7 months ago

  • youngm replied to the topic [ADVICE] Purchasing a property on subdivided block? in the forum General Property 10 years, 8 months ago

    Thanks for tuning in JacM & Ben.
    I guess it’s a 3 BR plus a Study since one of the rooms doesn’t have a BIR, however, it can be used as a BR if one was so inclined.
    The property is very close to beautiful, large park-lands, so if a family had younger kids who like playgrounds, it’s only a 200-300m walk to these parklands.  In the other direction…[Read more]

  • youngm started the topic [ADVICE] Purchasing a property on subdivided block? in the forum Help Needed! 10 years, 8 months ago

    <p style=”font: 13px/20px ‘Open Sans’, Arial, Helvetica, sans-serif; margin: 0px 0px 20px; text-align: left; color: #666666; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-size-adjust: none; font-stretch: normal; background-color: #ffffff; -webkit-text-stroke-width: 0px;”>Hi all,
    <p…[Read more]

  • youngm started the topic [ADVICE] Purchasing a property on subdivided block? in the forum General Property 10 years, 8 months ago

    Hi all,
    I’m looking at buying a house as a rental property, however, the dwelling sits on a block which has been subdivided.
    The house I wish to purchase is the front street-facing property and the rear property is a new double storey townhouse.  Both residences have a shared driveway and each has their own double garage.
    The house has 4…[Read more]

youngm

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