All Topics / Help Needed! / dont know which area to start in melbourne

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  • Profile photo of SavSav
    Participant
    @sav
    Join Date: 2008
    Post Count: 32
    April 8, 2008 - 6:37 am

    i can borrow up to 270k max if i can save up to 27k in deposit for a IP, i have 17k in savings  and i can get the extra 10k in no time if i know where abouts in melbourne for a good start off.

    Profile photo of units4meunits4me
    Member
    @units4me
    Join Date: 2005
    Post Count: 90
    April 8, 2008 - 12:23 pm

    Why Melbourne. Why not look in one of Victoria's great regional cities?

    You will get a much better yield, about the same CG and just as easy to rent out.

    Profile photo of handlerhandler
    Member
    @handler
    Join Date: 2008
    Post Count: 2
    April 9, 2008 - 9:02 am
    units4me wrote:
    Why Melbourne. Why not look in one of Victoria's great regional cities?

    You will get a much better yield, about the same CG and just as easy to rent out.

    I'm in a similar boat, need to get an IP but which regional city is good value with decent yields? 

Viewing 3 posts - 1 through 3 (of 3 total)

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