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Nope. Still under threshold.Rates have gone up a bit( half fixed) but rents have also with another step up in the next month. Depreciation is actually a bit higher than i suggested so my final figure is probably $20 to $30 better than my first figure.:) And if my figures are sound for the...

Yes you are right but it's a good yield property so if you buy and hold then sell down to live off rents. This would be a keeper. Also it is in an area that will see good capital gain. Let's be honest the whole of Australia had property booms not just the cities. Also after I build on the back...

Yes it has asbestos but it's in good condition and painted so there is zero health hazards. It will outlast 90% of homes built these days . My 8 yo ppor is showing signs of aging faster than this rental.

hi. The $1600 is how much cash I get back thanks to a depretiation schedule I got done. My property is a 1000 sqm corner block. 50+yo fibro house to the front with recent Reno. Solid brick granny flat attached on the back considerably less aged.maintenance in general is low as it is built to...

Not trying to push my own story but my last purchase goes like this House with attached granny flat $300,000 Purchase cost and small reno $30,000 Total $330,000 x 6.2% = $20,406 per year Rates $1,350 per year Agent...