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  1. V

    Feedback with how I find cashflow positive property

    That's exactly 2770: ex-govvies. The trick is the "ex" part. :) Off topic: by chance I watch an episode of Housos on SBS last night. Could have been a documentary.
  2. V

    Feedback with how I find cashflow positive property

    No I'm not from Goulburn. The figures are from actual listings now and are not optimistic. Have you been following property and rental prices lately? Property is moving at Goulburn and IMHO right now is very similar to 2770 a couple of years ago. Unless you're looking at the numbers every day...
  3. V

    Feedback with how I find cashflow positive property

    I've already posted my criteria for buying in general. One thing I have not mentioned before is proximity to Sydney as a risk minimisation strategy. Start at the CBD and work outwards radially until something hits the criteria (budget, yield and capital growth). All this data is really, really...
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    Feedback with how I find cashflow positive property

    Similar 4-bedders to this place rent for $350 to $400 per week, so this is +cf right from day 1. http://www.realestate.com.au/property-house-nsw-goulburn-115354171 The property below just sold for $172,000 (yes, above the asking price) and although needs some work, will rent for around $300 per...
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    Feedback with how I find cashflow positive property

    Agreed. Of the two, only equity creation is something I have control over.
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    Feedback with how I find cashflow positive property

    Hello and welcome. All that criteria -- growth >6%, yield > 5.2%, vacancy <3%, buy below market value -- will likely mean you don't buy anything. Very few properties will match. Growth figures show what has happened in the *past* and is not always a good indicator of future performance...
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