time to buy, page-12

  1. 490 Posts.
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    Warnie, "rents also still very good for IP."

    Fantastic I say. According to RP Data June, the GROSS rental yields for homes are:

    Sydney 4.4%
    Melbourne 3.7%
    Brisbane 4.7%
    Perth 4.4%
    Adelaide 4.3%
    Hobart 5.3%
    Darwin 6.0%
    Canberra 4.8%

    After outgoings, I hope it's enough to offset falling prices.

    Nationally, prices fell 1.4% for the Month. In Melbourne, prices fell 2.66% for the month. Takes barely two months of falling prices to errode the years rent.

    And where is risk priced in?

 
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