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Hey guys just want some advice on melbourne cbd apartments, ive put a 15,000 deposit down on a 42m2 1 bedroom, balcony apartment on bourke st, the apartment is on level 10 with views of elizabeth st etc www.equityapartments.com.au The apartment has no features such as pool, gym etc...

hey guys anyone know the average rental return on a melbourne cbd 44m2 1 bedroom, balcony would be? the apartment is on bourke st cheers

im 21 so i wont be getting married for a while haha my plans are to buy a IP with steady rental income and eventually buy another and another im just looking for the solid stepping stone

yeah ill have to live in it for the first 6 months, im spending 350k, if anyone has any better ideas for a first investment let me know cheers

no not yet, could you grab me the link? cheers

haha edited, my bad :)

hi guys just a quick question, im in the process of purchasing my first investment property im thinking of buying a 1 bedroom apartment in melbourne cbd and rent it out for the next 8 years or so 1 bedroom, lvl10, 44squar meters, balcony, for 330k the apartment is off the plans so i am eligible...