Doing a quick search on Charleville I am surprised I cannot bring up any results here.
I know its way out "woop woop" but a quick search reveals there are some houses on the market for instance one 5 bedroom for $115,000 that is getting $180 a week in rent.
To my quick calc's thats an 8.14% yield? Without drilling down further you would think this would be CF+ or Neutral??
I know the town will probably not experience any capital growth what-so-ever, but if one was just looking for income it could perform ok (that is until the place becomes vacant and you can't find a tenant)..
Anyone have any comments/thoughts on Charleville?
I know its way out "woop woop" but a quick search reveals there are some houses on the market for instance one 5 bedroom for $115,000 that is getting $180 a week in rent.
To my quick calc's thats an 8.14% yield? Without drilling down further you would think this would be CF+ or Neutral??
I know the town will probably not experience any capital growth what-so-ever, but if one was just looking for income it could perform ok (that is until the place becomes vacant and you can't find a tenant)..
Anyone have any comments/thoughts on Charleville?