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If someone had say budget of around 350k and were faced with 4 identical properties, which from the areas listed below would one want to purchase for an ip property (capital growth and good return)? and why? Frankton South (high school zone) Frankston (heatherhill rd area) Frankston...

same thing happened to me with my first ip 2 months ago, old lady was disabled and the lease was up for renewal. then get a phone call from RE saying we have just been to unit and the old bag did a runner taken light fittings and left it really messy. with a month left on lease so still waiting...

that mat have been directed at me, i researched the golden triangle so i know the spot. thanks

hrmmm i dunno id rather rent in langwarrin than karingal as it seems real old and run down (but that could be a good thing?) What is the golden triangle as i have been hearing of it alot lately? and is it a good area to purchase?

I just got approved for another loan so now i can purchase my second ip really excited but at same time not sure where to purchase either frankston or langwarrin, for the approved loan there is nothing really i can purchase in sth frankston :( what are peoples takes on a langwarrin home - 3...

Thanks Liza thats seems pretty kool! that means mine would be 5.1% Thanks for that!what would rate as a decent yield as i have been checking out rent and purchasing prices in Langwarrin atm

regarding yield how do you work it out to a certain % could some one please explain :)

definitely from reading over these forums he sounds like he knows his stuff;) Thanks

OK tony thanks for the info i don't fully understand the depreciation side of things so i will look into that I to would prefer to buy either frankston or Langwarrin, just wondering what thoughts were on the cranbourne one, i may even drive past later and check a display home out Thanks...

Hey tony yeah I have still got the IP and slowly paying it off with help of tenet smartest thing my parents ever made me do was get a property wow 150 nice! mine was a cheap "unit" in a complex it gone up about 60k Basically either side there are massive new blocks of units going up so just...

hey people, stumbled across this site a few days ago and kinda hooked on it and great site! basically i got my first IP when i was 18 (5 years ago in frankston) and basically looking at getting another one rather soonish just asking to see do people believe its an alright time to buy now and if...