First time poster here, but have been a lurker for a little while
have been looking for some time now at getting into the property market, there seems to be a number of purpose built student accommodation (4 br, 4 bathroom, 1 kitchen, 1 lounge etc)) near universities (in qld), one place that caught my eye has an asking price of $196,500, returning, after outgoings, $18,919 per year,
Looking at longer term investment
Thoughts ?
have been looking for some time now at getting into the property market, there seems to be a number of purpose built student accommodation (4 br, 4 bathroom, 1 kitchen, 1 lounge etc)) near universities (in qld), one place that caught my eye has an asking price of $196,500, returning, after outgoings, $18,919 per year,
Looking at longer term investment
Thoughts ?