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  1. P

    Country areas

    Thank you for the discussion. I've decided to sit on the sidelines on my idea. I will follow closely rental demand and property for a little while, on areas where 10% rental return is acheviable. I still think you can have a strategy of going into small country towns and doing quite well...
  2. P

    Country areas

    I like the idea of a 10% return. Found a couple of areas where I can get this return. (by accident as I wasn't really planning buying another property). It's at the very early stages, but I'll be looking at properties under $100,000 (don't want to overextend myself, just in case the...
  3. P

    Country areas

    I'm considering buying another IP in the country. I'm looking at around 9-10% return (rent * 52/ purchase price (before stamp duty). My question is, in towns that have around 2,000 to 3,000 people are properties reltivavly easy to rent out if the tenant leaves?
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