Hi all,
I’ve been doing some research into which type of properties to buy (apartment, townhouses, units, houses) and I’ve concluded that townhouses give a solid capital yield (7% per.ann) and decent rental yield (5% per.ann) while having lower holding costs than houses. They are also less expensive than houses and although they don’t provide the capital yield that houses do, the lower holding costs and price don’t hamper your burrowing capacity as much, allowing you to purchase more property. Is my logic correct here? I live in Victoria btw and I’m mainly discussing the eastern suburbs. My plan is to purchase around 10-15 properties throughout the next 20-30 years. Any thoughts or input about my idea here would be greatly appreciated. Thanks everyone :)
You must be logged in to reply to this topic. If you don't have an account, you can register here.
