Hi all,
This being my first investment property I'd like to dictate my strategy and get people's thoughts on it.
I have about $500,000 to spend and have been recently looking around Sydney as that is where I am from.
With the Sydney market climbing out of my reach, I have been looking externally and have seen some value in Brisbane's CBD apartments (as compared to Sydney's)
Ideally I'm looking for an investment that would provide a perpetual return and be positively geared from day one.
I understand a 2 bedroom apartment in Brisbane can be picked up upward of $420,000 and can be rented out for $540pw ++
I just want to ascertain other's thoughts on this matter and this strategy to consolidate the feedback and criticisms if any.
Regards,
Shawn
This being my first investment property I'd like to dictate my strategy and get people's thoughts on it.
I have about $500,000 to spend and have been recently looking around Sydney as that is where I am from.
With the Sydney market climbing out of my reach, I have been looking externally and have seen some value in Brisbane's CBD apartments (as compared to Sydney's)
Ideally I'm looking for an investment that would provide a perpetual return and be positively geared from day one.
I understand a 2 bedroom apartment in Brisbane can be picked up upward of $420,000 and can be rented out for $540pw ++
I just want to ascertain other's thoughts on this matter and this strategy to consolidate the feedback and criticisms if any.
Regards,
Shawn