I am having massive analysis paralysis! Previously we have bought IPs that we could afford..House and land kelmscott (possibly dev site) and beach unit in shoalwater
We have had some gains so have taken out 100k from those two...now we have a budget of 500k (bank said they would give us a mill but that is ridiculous!!)
I orginally thought inner city unit as we have propeties north south and east but nothing in the 5km radius of the city...NOW i am soo confused and am looking at house and land beechborro/mirrabooka/marangaroo/girrawheen...
What are peoples thoughts? I would like something i can get a yield of 5% and of course potential of capital gains? There are sooooooo many options I cant narrow it down...Girrawheen is riduculously priced for something that has been supposed to be happening for years! Whereas swan council seem more proactive in their targeting zoning changes??
We have had some gains so have taken out 100k from those two...now we have a budget of 500k (bank said they would give us a mill but that is ridiculous!!)
I orginally thought inner city unit as we have propeties north south and east but nothing in the 5km radius of the city...NOW i am soo confused and am looking at house and land beechborro/mirrabooka/marangaroo/girrawheen...
What are peoples thoughts? I would like something i can get a yield of 5% and of course potential of capital gains? There are sooooooo many options I cant narrow it down...Girrawheen is riduculously priced for something that has been supposed to be happening for years! Whereas swan council seem more proactive in their targeting zoning changes??