Really?
To get a rental yield of between 6.5% > 7% you need to buy for around $220K (incl a small cosmetic make-over) that will achieve a rental of around $280pw.
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Really?
Speaking as a LL, I sincerely hope notWill there be a solution to the rental nightmare that goes on at the moment?
Yes, I don't see a solution anytime soon.Seems there's just not enough for how many people want to be here.
They are fee paying and as such are always welcomed.The University goes from strength to strength especially with international students.
The D&G's reckoned it was going to happen when all the FHBs buying their own places did not need to rent anymore. Hasn't happened yet - maybe it will be in Qtr1, or Qtr2.......or after the affordable housing initiative by the FedsWhen will rental vacancies go above 1%?
Most people think of Port Stephens as being the Salamander Bay, Nelson Bay, Fingal etc. The housing there has taken a blow .
bespoke
How big a blow and has the market recovered yet.
Also,do you know of any local agents?
I want to see what's available.
Cheers
I have also owned a house in Cardiff. There are some lovely old houses in Cardiff and its only about4 or 5 mins in traffic to the hospital from there. Areas inthe streets close to the main shopping strip are the best location in Cardiff in my opinion. Have regreted selling that house actually.
bespoke
Most houses on the market seem to be 2 bedders
Why do you regret selling?
I'll PM you with the name of the RE agent who sends me the e-mails but there are also many more in the area, just google Port Stephens real estate and you should get a few.
I wouldn't live in Cardiff.
Would consider an IP there but I think there is better CG elsewhere.
Now have PPOR and 2 IPs very very happy !!!!!!!!!
Now have PPOR and 2 IPs very very happy !!!!!!!!!