Share
28,101 Posts.
lightbulb Created with Sketch. 1528
clock Created with Sketch. 14/03/25
16:40
Share
Originally posted by wiskers:
↑
By this statement you made it shows you did little or no investigation or rationalise of any depth into the cost of owning a property.
Expand
Last time I updated my figures on property investments in reasonable suburbs, say < $1mil, the return at best was less than 3% gross profit. Now that capital gains have gone out the window then it's the crappiest investment going. All the tenant risk you take on so you'd have to be mad to dive in as a newbie investor.
