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Unfortunately Forbes has a lot of undesirables! On the other hand there are some decent types too. Could have been a timing issue in your case? There's a Bunnings there now! And some top quality immigrants giving it a go in both towns. A few anyway.

I think that one is fibro. Plus the REA put up the rent to sell. Plus tenant really wants to stay. Locals say 'it's a good street' and right near HS. Want St is in a good area. 210 / 230 not much diff ...

Good question Harro. It's on the east side of the HS which is on the east of the town. Keep in mind that this is a concrete block duckling and was stigmatised. Will have to give tenants 3 months if I want to get in and live/ revamp. But some things need doing asap such as outdoor termites...

Thanks hugh72. Rent is currently 230 pw. I guess I could get 300 pw after reno. Main thing would be to improve tenant. Currently a family of 6. Would like single or couple of course. Is yield the rent and return the CG? Anyway, am aiming for 250K revaluation after renos assuming no change in...

Well done! Settled today on the cosmetically challenged 8 per cent yield before reno 3 bed concrete block house in Parkes. 148K.:) Where to start? Plumbing I think.:o