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.
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