From: Andrew G
Hi all,
I have two IP's in Adelaide both returning a 10% rent return, and one more on the way which will be probably about 9.5% or so.
I understand that capital growth won't be too flash for these "cheaper" properties, but am I really hurting myself in the long run by going down this path?? I'd like to try to get one which has good capital growth potential, but I'm a little concerned the "forecasted growth" may not realise itself and I'd be paying weekly outgoings to something that wasn't really moving that much. Does anyone else know anyone in my situation where they have targeted the cheaper range with good return segment for any length of time?????
Thanks,
Andrew.
Hi all,
I have two IP's in Adelaide both returning a 10% rent return, and one more on the way which will be probably about 9.5% or so.
I understand that capital growth won't be too flash for these "cheaper" properties, but am I really hurting myself in the long run by going down this path?? I'd like to try to get one which has good capital growth potential, but I'm a little concerned the "forecasted growth" may not realise itself and I'd be paying weekly outgoings to something that wasn't really moving that much. Does anyone else know anyone in my situation where they have targeted the cheaper range with good return segment for any length of time?????
Thanks,
Andrew.
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