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Hi Sahi
Mind sharing the numbers?
cheers
Sure.
350K; rent total $550 a week; 10K a year depreciation
Hi sahi,
That is really great.Is it a new development? would you mind sharing the location?
what about the Capital growth in that area?
Regards
Velli
Say Commonwealth bank shares are a house
200k property renting 290pw
Chasing a return like this are you:
http://www.realestate.com.au/property-unit-qld-north+rockhampton-106668159
Dare you to find a better return....
7/366 Rockonia Road, North Rockhampton, Qld 4701
$155,000
WOW!! Returning $380.00 per week
This 2 bedroom fully air-conditioned unit
SECURE TOWN HOUSE
Within the Uni Lodge complex is this quality 3 bedroom townhouse fully furnished.
36/370 Rockonia Road, Lakes Creek, Qld 4701
$320 per week
http://www.realestate.com.au/property-townhouse-qld-lakes+creek-404698869
RH, would you mind having a look at your figures for me please. $200k of CBA shares returning $290/week is an annual return of 7.54%.
Using the last two CBA divs of $1.20 and $1.15 I only get a return of 4.7% on todays price and 4.9% at their low last week. How did you come up with your figure?
Gools
Hard to go past these suburbs if you want good yield. I have one for sale $155,000 and with the rates and the rent ($175wkly) you get it works out very nicely. PM if you want more infor. Cheers.
If you're looking for CF+ from day 1, consider house + GF setup. They are not easy to find, I used BA (Alan, Propertunity) and he found me one on the Central Coast, NSW.
Please pardon my ignorance, but what does the GF stand for in House + GF?
Granny Flat
Thank you for clearing that up. I just didn't get how a house could come with a girlfriend and why those would be worth more.