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That's not very high

Agreed Effectively you would be providing shelter for 30 centrelink dependant tennants. You would get more than your fair share of bad eggs and those who are just out to make the landlords life hell.

I wouldn't of thought there's any value to building in the area. It's too cheap! 170 + 150 + 150 + 30 (fees connections) = 500 I think you could over capitalise very quickly and you'd be lucky to make money on a new development

I would definitely keep the house to rent. You can manufacture big yields this way. Sell off the block and find your next project . If you get a good deal on purchase or have owned the place for many years you won't even need to pay down the loan

Subdivide - and move onto somewhere else Probably not the area to be building new houses in. Will be harder to have instant equity after build due to low median prices and building isn't cheap. Also you tie your capital up for probably a year minimum I would spread risk and find another...

My point is that they used to be cheap areas But had great growth because of their location My view is eluzabeth doesn't have a good location so wont attract higher income earners to the area. Add on to this the land supply in the area and I would say its cg prospects will be poor Just...

Logan, Caboolture Frankston North is cheap for Melbourne Few houses in Melton VIC starting to drop below 200k. Due to a lot of land supply and the fact new homes are going for 250 k In my mind Elizabeth and surrounds will have similiar issues medium term New building of cheap stock...

Your reasoning is sound Numbers are a little skewed - 3% rental yield ? I think 5.5 - 6 % yield with land component would be minimum So the growth has outperformed most of Adelaide. Will this continue? I'm going to guess not. Only because I don't like the location and I can't see higher...

That list is fairly generic and can be said for a tonne of places. What's more often the places that are more expensive have less infrastructure Your list is good for finding tennants and achieving a good yield but doesn't really mean above average capital gains will follow Why do people...

Why is Elizabeth and surrounds so popular on here? I dont get it Is it because it's cash flow positive? I like cash flow positive but without good growth prospects then I see it as pointless unless you have a very aggressive strategy (ala Nathan birch). Let's face it though, most on...