Hi All
There are plenty of units in great inner city locations, however the rental returns are pretty average around 5%. The 1 bedders can achieve higher returns, in particular East Perth, problem is they are tiny (under 45 sqm).
With so many FIFO workers perhaps there is now a very good market for this type of set up, where pehaps 8%+ returns could be achieved. I am currently investigating this option as I think the demand for units inner city is high, rents going up and I also expect growth to follow.
I would be keen on feedback from anyone who has been down this road and what areas you would consider ideal.
Cheers, MTR
There are plenty of units in great inner city locations, however the rental returns are pretty average around 5%. The 1 bedders can achieve higher returns, in particular East Perth, problem is they are tiny (under 45 sqm).
With so many FIFO workers perhaps there is now a very good market for this type of set up, where pehaps 8%+ returns could be achieved. I am currently investigating this option as I think the demand for units inner city is high, rents going up and I also expect growth to follow.
I would be keen on feedback from anyone who has been down this road and what areas you would consider ideal.
Cheers, MTR