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I guess I am just not able to see the big picture, but what have people got against buying retirement places ? I have seen a few, at decent buy prices, and, after outgoings have a decent ($150+pw) positive cash flow. Is it mainly because the cg is usually very low ?

Almost to low point of the cycle there from reading news.

just having a look on realestate.com and Deception bay seems reasonably priced v rental income. Anyone had a good look at the area ?

thoughts ? $80k - $90k $485 per fortnight for rent, waiting for a reply to see what the outgoings are. Anyone have good points / bad points they can think of ?

What are peoples thoughts on purpose built student units, 4br, 4 bathroom type place, 5 min walk to uni, many have returns around $680pw with asking around $190k, if outgoings were about the $350 - $400pw mark, to me that still seems like a reasonable return. Over the last month or so I have...

First time poster here, but have been a lurker for a little while :) have been looking for some time now at getting into the property market, there seems to be a number of purpose built student accommodation (4 br, 4 bathroom, 1 kitchen, 1 lounge etc)) near universities (in qld), one place...