Gday
Paul2 its interesting that you say that 4.6% net yeild is very low. In Sydney the suburbs within about 8km of the city a 4.6% net yield would be very good. My mates are currently renting out a 2 bedroom flat in Wollstonecraft that i estimate is worth around 400k and they are paying $290 a week. This works out at 3.77% gross. If that isnt a sign of an overvalued residential property market then i dont know what is. BUD do you mean the Moree/Mungindi area, or further west?
Pele.
GdayPaul2 its interesting that you say that 4.6% net yeild is...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)