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They are paying $310 per week at the moment which could have been increased this time around but we want them to be co-operative whilst we have the house on the market, the link is:
www.realestate.com.au/cgi-bin/rsearch?a=o&id=104670807
Thanks Ausprop, I think a lot of the houses are getting those sorts of rents on there now and it can only get better!
********************************Shoalwater was bank valued at $500,000 (also the second one a few doors away which I am trying not to sell) last year which is when I took out the max equity I could, this has served me very well with setting up my NSW projects. I also NEVER intended to sell either ...
If someone from the forum is interested I would accept $429,000 which is definetly at the bottom end looking at similar houses currently listed and a lot bigger than some at 230sqm.
Thanks for the reply Sorry to sound daft, but how do you calculate the gross yield?
How are you going with your sale Sparky. We have just handed back one of our blocks. Quite happy to forfeit the deposit we paid. Prices are now dropping dramatically in the area and more houses coming up for sale now.
&&&&&&&&&&&&&&&&&&&&&&We have just handed back one of our blocks. Quite happy to forfeit the deposit we paid. Prices are now dropping dramatically in the area and more houses coming up for sale now.