All Topics / General Property / Positive cashflow in WA

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  • Profile photo of middler7middler7
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    @middler7
    Join Date: 2003
    Post Count: 7
    October 8, 2003 - 11:37 pm

    Hello, I’m new in this forum. I was just wondering if anyone knows if it’s a good move to invest in area such as Narrogin and Pingelly in WA.[?]
    There are a few cheap properties, but is it worth it?

    Profile photo of peterppeterp
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    @peterp
    Join Date: 2003
    Post Count: 307
    October 9, 2003 - 3:11 am

    Hi Middler – this topic was raised recently – look up the Collie thread in the archives.

    But for Narrogin & Pingelly, consider (amongst other things):

    Population Growth
    Vacancy Rate

    Then look at rental yields available and see if they’re high enough to overcome the negatives (everyone will have different approaches here).

    Peter

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