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Where do I start in Melbourne?
See? whadidItellya's. You blokes can't help yerselves. Jake, do you own anything in Hawthorn, or Brighton, or any other "leafy suburb" with almost guaranteed CG? I mean; it ticks all the boxes - good CG, and a terrific 4-5% return. It's just the entry level that'll kill most folk. I...- BayView
- Post #8
- Forum: Where to Buy
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Where do I start in Melbourne?
I don't think that quite fits the criteria the OP was looking for...CFN or CFP was what they wanted, by the sounds of it. 5% is a cr@p yield in anyone's language - except an R/E agent's language. They love to tell you how "5% is a good yield for the area" and chances are they will never own a...- BayView
- Post #5
- Forum: Where to Buy
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Where do I start in Melbourne?
to build equity in 5 years, you will need to look in the most likely areas for cap growth. Unfortunately, almost all those areas have really cr@p rental returns traditionally. So, you are more than likely never going to find what you are seeking. Sorry to be the bearer of probable bad news...- BayView
- Post #3
- Forum: Where to Buy