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    Purchasing in VIC - Frankston Area

    rental yeild Hi Soulfly, this is how I work out the simple yield which is based directly on annual rent return divided by the purchase price ie annual rent / purchase price x 100 = simple yield % 16640 / 420000 = .0396 = 3.96% I also take into account deprieciation, cost of...
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    Purchasing in VIC - Frankston Area

    Hi Toni, Thanks for your info. Yes, I understand that without the benefit of a crystal ball it is difficult to acually predict what may come!! As you mentioned there are so many factors to consider but from your figures it seems that the yeild on rentals in Sth Frankston are pretty good...
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    Purchasing in VIC - Frankston Area

    Hey Long88, thanks for the info, thats roughly a 4.5 % yeild so it seems there may be hope of a reasonable return
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    Purchasing in VIC - Frankston Area

    Have just come across this forum so have to learn how this all works! I have one IP in Richmond and am now looking at Frankston South as next place to invest. My interest has been bouyed by last years growth and a hope that F/Sth will continue to show compounding growth over the next few...
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