Hi there are there many perth investors in this forum.
If so what type of properties are you buying for positive gearing.
I have found several in rural crappy areas such as meekethara, mount magnet that give good returns.
Or are you better off not going so rural and investing in industrial investments in metro area that can return 10%???
Please give me information on any rural areas that you have recently invested in.
[email protected]Try closer but don’t rely on properties being listed on the net. Often you need to drive through the towns and check out the agent windows or if you feel closer towns have industry etc to help them survive then ring the agents in that town and ask for listing of what’s for sale and what it would rent for.
Be careful of ones that say “Owner will rent back” as sometimes they inflat the price of the house to include the rent they will then pay you back and then when they leav eyou may find the rent they were paying is also inflated compared to the actual going rate in the area, so check it our carefully.
Regards
PKthanks but can you give an example of a few towns you would consider worthy
Hi Jamiedellam
do a search as there is a good thread of where to invest – Perth.
Cheers[biggrin]Watch Mt Magnet. Apart from the fact that Harmony may not be operating there within a few years, most of the miners are now fly in/fly out.
Crime is a problem and there are some very dodgy areas that you would not touch.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
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