I was replying to rockets post for an investor with two properties as per his post below, doubt if two properties for rent will come to $3M :
An investor with say 2 x investment properties in Melbourne with the latest valuations could be paying $20,000/year in Land Tax. Divide the $20,000 between the two investment properties means an extra $10,000 each property will need in rent to breakeven each year due to the inflated valuations.
I was replying to rockets post for an investor with two...
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Last
$2.37 |
Change
0.105(4.65%) |
Mkt cap ! $3.113B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.41 | $2.30 | $12.99M | 5.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 20168 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 86557 | 29 |
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