Search results

Very logical and insightful post Harris. Thanks for sharing.

Slowly does it I am no economist PM, however my intuition and gut feel (based on what I see, hear and know of that area.............and I don't profess to know it all.......where is Harris ;) ) is that with the purported aggressiveness that the RBA is hinting it will raise rates, I cannot see...

I like that precinct Personally, I consider the amenity and nearness of infrastructure to make that pocket north of Beach Street and west of the freeway to offer the best chance of gentrifying and cap growth. However, as posted earlier, not at those yields. There is plenty of town house...

Perhaps the buyer owns next door (or both neighbours) and/or the property at the rear. In that instance, there is sense in paying those figures, as there is vested interest.

5 x 2 No. They are five units of 2 BR each. So only five doors. If it were 10 :eek: hell yeah, cop the yield and reno/strata and flog off.

Hi BM It was reported in The Age as being on 980 sqm and I think they are 5 x 2. Still it is a dated property with possibly some structural issues. It looks brick veneer to me, not solid brick. In any case, I don't think there is too much value add by way of building (aside from car...

4.4 % yield on units This: http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106075959&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=76688901&s=vic&snf=rbs&tm=1258229559 was reported as sold for $ 906,000. at a return of $ 40,000 pa.........that's a 4.4 % gross yield. Are the investors now...