Hi everyone,
this is my first post on this forum, and i would really appreciate some information and advice from more experianced investors.
I am currantly looking for my first IP in Melbourne, particularly in KEW.
I am looking for 2 bed + 1 car bay apartment in small complex (max 20).
Max price to spend $450 K (line of credit).
Questions:
- is $450 K right price in this area for apartment ?
- what is the weekly rent ?
- how easy is to rent in this area ?
- any chance for capital gain grove ?
Regarding to real estate institiute of Victoria annual change is 57.5%
but quarterly change is 0 %
Waiting for your help ,Thank you very much
Doxa
this is my first post on this forum, and i would really appreciate some information and advice from more experianced investors.
I am currantly looking for my first IP in Melbourne, particularly in KEW.
I am looking for 2 bed + 1 car bay apartment in small complex (max 20).
Max price to spend $450 K (line of credit).
Questions:
- is $450 K right price in this area for apartment ?
- what is the weekly rent ?
- how easy is to rent in this area ?
- any chance for capital gain grove ?
Regarding to real estate institiute of Victoria annual change is 57.5%
but quarterly change is 0 %
Waiting for your help ,Thank you very much
Doxa