Australia's largest stock trading and investment forum Australia's #1 stock forum

What sort of yield are we talking about?

First 10 Last

Share
Profile

Follow
mad_doggy911

660 Posts.

19

30/01/18

20:18

Post #: 30675883
Share

Originally posted by UniversalTrader ↑

No idea about apartments not my focus. Only interested in the bottom end of the market in the Northern Suburbs - reality is it has treaded water for the better part of the last decade and I don't expect it to change that much. Over the last year there has been a few really cheap properties for around $110 to $120k but usually they have got some major structural issues that you can see just from the photos online. Plenty of opportunity for some properties around the $135/$145k mark many of which are good to go for renting without any major upgrade.

Will be looking to add at least one more to the portfolio this year and lock in the rate for at least 5 years - will pay for itself right from day one with free cash flow with my current investment strategy.

Expand

What sort of yield are we talking about?
Upvote

Reply

Top Stories

AI stocks: What to expect in 2024-25

NRX

Noronex joins forces with South32 to look for copper in Namibia

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

Talking Australia's very competitive property landscape: Realty Talks

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

There are more pages in this discussion • 1 more message in this thread...

First 10 Last