I'm interested in what yields/capital growth people are happy with? Our properties are in mostly Newcastle suburbs, where the CG has been 8 – 10% over 10 years (according to API, anyway,) and our yield averages at 6% gross.
I know we could buy in less populated places and get higher yields but lower CG, or in capital cities and get tonnes of CG and tiny returns, but a moderate amount of CG in return for almost neutraly geared properties is a mix that helps me sleep at night.
ANyone????I have Three properties in Nowra on the NSW south coast.The area averaged just under 10% pa over the last 10 years although its a safe bet that will not be repeated .Having said that it is a growing area and ticks a lot of boxes for growth. Terry Ryder picked it for his NSW hotspotting report so should do ok eventually.
My first property purchased in 2001 is my ppor so cant do a yield on that one. I would guess around 6 %
First IP bought in 07. Getting 5 %. Not happy at all with the return but learning from it and a possible rezoning to comercial will change things drastically.
Second Ip bought a few months ago and now returning just over 8 %. Very happy with that one and im about to build a 4 by 2 on the back of it so very very happy.
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