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Hi KevM, Yes you are correct, your example is just over 10% in land content, which sounds about right because you are buying just one seventeenth of the land! However location plays an important role, so for example a unit in a high-rise on Manly beach would have in excess of a 45% land...

Hi Jamie & All, Jamie makes a very good point about the relative value of a project. See, a 13% (gasp) return, is fantastic in anyone's books and might (most other factors being equal) of it's own accord be justification enough to purchase the unit. HOWEVER: And phm can answer this one:-...

Hi phm, Wow, 165pw on a $65,000 purchase! That's a whopping 13+%! If the purchase price is $65,000, then you would want to know that the value of the land is approximately $19,500. The 'land' refers to the apportionment of land to that particular unit. You can get the 5 year yield...

Hi PHM, Well, if you have a tenant who wishes to stay on for a further 10 years; vacancy hardly seems to be the issue. Block of 4 sound good - so check to see if your land content is in excess of 30% of the purchase price. (If so - tick 1) Rental income of $165 X 52 = $8,589pa Divide...