Recent content by kweh

You want a place with easy public transportation, so you might want to look at the Western Train Line and check where the major stops are. I think Seven Hills would be alright with your budget. But if you're looking for high rental yeild, go further west to Mt Druitt area with one of the...

During a finance subject in Uni we learnt about the optimal risky portfolio with two securities. That was pretty simple to work out with Excel. But what happens when there's like six different securities? Anyone know or have any Excel sheets that does this type of calculation, or know books...

Hey, Just wondering where I could get the historical (up to 7 years) average rental yield for Sydney (on monthly basis). I've gotten the vacancy rates from REINSW and Variable Mortgage Rate from RBA. Now I need to get the rental yield for me to take a look at the correlation between those...

For under 500K, I think you could go south. Sutherland Shire seems nice at the moment, comparing to the Upper and Lower North Shore area the price is reasonable. Also, consider Bexley or Kogarah where they have devalued in the last few years, and predicting good growth by some in the near...

Recently, there have been reports that the Sydney vacancy rates have dropped to 0.8% and 0.7%, for metropolitan and inner city, respectively. Just wondering, where I could get some data from? And anyway I can get more specific figures e.g. for Western Sydney?

long leases won't help many tenants though, you are still able to raise the rent, but just need to give 60 days notice.

Just wondering, are the agents' commission for managing your property negotiable? Currently, I think they are charging me around 6%. Are such rate reasonable?

The old naval area is now called Riverwalk and prices range from $810K to $920K for free standing houses. But I think Stockland are releasing new houses in the next few months for $720+ (smaller blocks). For investment in this area: A property brought for $780K (four bedroom, two garage)...

Rental prices are going through the roof in the Mt Druitt area. The problem is, all the sales in the last few months have been mortgage repossession and they have greatly brough the prices down. Now with the rising interest rate, all the landlords have no choice but to jack up the prices. A...

Thank you alex, One more question, can it be leased to direct family members whose name is not in the property contract. Or does it have to be leased to an unrelated individual.

I was talking to a friend today who mentioned that he leases part of his home to his cousin and get tax benefits at the end of the year. Is this possible? What are the requirements?