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clock Created with Sketch. 16/05/15
15:30
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Originally posted by niloony
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Recently inherited two rural properties in QLD. They've got a reasonable capital gain (hurray...) from 1990-2007 but they fell in value from 2007 to now. Though as neither have sold yet these are based off estimates. One has a gross rental yield of about 6.5%. The other the tenants simply pay costs in return for keeping the place inhabitable.
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Yep will certainly agree with that - the further out you go, the more isolated and narrower the economic base the more risk you're taking on. That is unless your got a good idea something is about to or likely to 'happen' there.
