IV, what I mean by "standard" is that for this type of unit & value, the local council charges a flat standard or starting annual rates as I pay slightly higher rates per year on my other properties in Cairns. I know of other 1 bedders whereby the rates are only $1,500pa.. Personally it's a rip off but what can you do - nothing - pay it & move on as a part of investing/living.
Just bought cheapest 2 brm unit in Cairns, QLD @ $107,000
- Thread starter BigCol
- Start date
IV, what I mean by "standard" is that for this type of unit & value, the local council charges a flat standard or starting annual rates as I pay slightly higher rates per year on my other properties in Cairns. I know of other 1 bedders whereby the rates are only $1,500pa.. Personally it's a rip off but what can you do - nothing - pay it & move on as a part of investing/living.
units all in the 3M area.
i wasn't saying your rent expectations were unrealistic, just that you would still be getting a good return even if you did have to drop the price.
Yes despite all the D&G'ers you can always pull through even in a tough market. All you have to do is be seen to negotiate some tiny token amount and to spruce the place up a tad so that its just a bit nicer for the money than everything else on offer. That's no reason not to buy a place.
D&G'ers = duds.
D&G'ers = duds.
almost a decade ago.
with the cns economy and home prices more indicative of the world economy than the rest of australia i don't think there's any rush to get in. the trick is to find someone who is in rush to get out - you obviously found that person.
By then, I would've bought up all the cheapies!!!
Negotiating on 4 cheapies at the moment with 8-10% returns.By then, I would've bought up all the cheapies!!!
Give me one !
