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I'm a bit nervous in case anything goes wrong before settlement but... 2br unit in Harris Park for 275K (asking 289K) Will be rented for $350pw Size is 63 sqm internal + LUG There were cheaper ones out there but they were much smaller and we were concerned about financing them so we...

Finally... Well it took us a while and two trips to Sydney but we have just signed contracts on a 2br unit at Harris Park. thanks to everyone for the helpful advice...we needed it ! But it has been a good learning experience and one I will do again! I just hope nothing goes wrong until...

Thanks everyone for your help. As mentioned in OP I am not looking for yield alone. High rise appts are definately out, we do not want higher costs than necessary. Also looking further west also, comparing the yields. Will let you know how we go.

Hi everyone and many thanks for the advice, I am following it all religiously. Vaughan, we have pretty strict criteria in addition to the yield so I wouldn't have looked at that one regardless of the yield but thanks. We're pretty new to the investing game and only have one other IP in...

Thanks everyone, I've added a couple to my list and now have 7 back to back appointments of similar places across 3 suburbs so that should give us a good comparison. Can anyone offer advice on what sort of discount off the asking price agents usually accept in Sydney. In Melb you usually have...

Thanks so much everyone, all good advice and quite a few things to consider. We're buying in NSW to diversify and also to avoid the land tax penalties for having too many in Vic. BV, we're looking at over 5% hopefully. Price range $330-350 (it's gone up a bit after seeing what's available)...

Hi everyone, I know there's been many threads on the Western Suburbs and I have trawled through most of it. My questions are quite specific so I haven't found exactly what I'm after. We're ready to buy our 2nd IP now - a 2br unit around the $300-350K mark. First one was in our own...