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I saw the property on here - the one with rent of $131,200+GST. http://www.investmentportfolioauction.com.au/ How much did it end up selling for (the Feb auctions are not yet on the "Recent Auction Sales" page)?

Thanks James. Interesting. Each to their own I guess - but I'm sticking to commercial with lower outgoings. Hopefully its working out for your client. Has this guy bought any more since? Thanks, that's very useful info. I'm waiting until my fixed rate loans expire early next year and year...

Seems from the example provided the rub is the massive outgoings which you'd have to shoulder in a vacancy. Just went and re-read James post to the example. I.e. 78K gross 39k outgoings 39 net rent 11% yield (assuming 355k purchase all in). In a vacancy (say a downside 6 months)...

This was a very interesting webinar. Some really good coverage of the basics, and very clearly presented. The case study, however, had me intrigued (the Gold Coast example, leased to the REA and gift shop). From memory the rent was 70ish K p.a. with outgoings of 30ish K p.a...