Years ago i found the perfect PPOR,in Coromandel Valley,SA.On inspection day,it was right next door to a cemetery.Put me right off.In Hindsight,i have seen this property sell a few times over the decade,and it seems it probably would have been a good investment after all.
That is untrue, it is relative. A better located property would have probably done better than the equivalent one next to a cemetery.
Still not too sure. Heres the pickle I am in -
1. I found this place (town house) next to a cemetry but the numbers are really good, sometimes I think whether its too good to be true. My biggest concern being, will I be able to rent it out for a rent equivalent to the rent in the same suburb or would it be lower.
2. I am also considering another place which is a unit though, which also has decent numbers (not as good as the townhouse though but ok). Already rented out with a potential to increase rent down the line.
Any advice guys ?