Hey all.
After much research and lots of changes of mind i've decided to buy in my home town Sydney.
I've narrowed down to a few suburbs.
I am spending up to 400K but preferably aorung 350 would be nice.
Done my research and purchased a couple of property reports (i know not always correct but give me a bit of a starting point!) and narrowed it down to the following:
1) narellan vale
2) wattle grove (possibly a little too pricey)
3) hassal grove
4) hinchinbrook
Each has a potential yield between 5 and 5.5% (hinchinbrook probably the highest).
Now in the back of my mind i still have Melbourne but thinking it might be easier to purchase closer to home cos my other IP is in QLD.
Does anyone have any thoughts on any of these areas?
Thanks!
After much research and lots of changes of mind i've decided to buy in my home town Sydney.
I've narrowed down to a few suburbs.
I am spending up to 400K but preferably aorung 350 would be nice.
Done my research and purchased a couple of property reports (i know not always correct but give me a bit of a starting point!) and narrowed it down to the following:
1) narellan vale
2) wattle grove (possibly a little too pricey)
3) hassal grove
4) hinchinbrook
Each has a potential yield between 5 and 5.5% (hinchinbrook probably the highest).
Now in the back of my mind i still have Melbourne but thinking it might be easier to purchase closer to home cos my other IP is in QLD.
Does anyone have any thoughts on any of these areas?
Thanks!