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Thanks Rolf, Ringing the agent in the morning to get some more details savings arent great have a bit but mostly have a fair bit of equity.

we can only hope have found a lot of agents don't bother posting rental yields even in towns that are usually bought in for the returns and they scratch there head when the other agent sells the property in a few days/weeks they have been trying to sell for months by simply taking the time to...

thanks for that think I get it.

surely you knew that propertunity lol my mistake over 600,000 then you pay land tax news to me :-) http://www.osr.qld.gov.au/land-tax/about-land-tax/land-tax-rates.shtml

no land tax in qld how did you work out 5% gross the actual gross is 228800 I would also self manage as it is in a town I frequent often I am unsure you come up with 5% gross? please explain when the gross before expenses which is what I thought what gross was not net rental...

Have came across a property that is returning 200k+ gross asking price is 1.9million package deal consisting of four dwellings each having two units. Each unit has three bedrooms, bathroom, open plan kitchen, dining and lounge. simple question is how much cash/equity would you need...