QUOTE=youngm;1297934]Hmmm... OK.
I was looking at a block of 4 units in Irymple. They're about $150k each (about 6 years old) and each unit generates $215/week income. It'd be a positively geared, long-term investment.[/QUOTE]
If its these units you are looking at then these were a foot under water approx. 5 years ago
http://www.realestate.com.au/property-unit-vic-irymple-118431359
I was looking at a block of 4 units in Irymple. They're about $150k each (about 6 years old) and each unit generates $215/week income. It'd be a positively geared, long-term investment.[/QUOTE]
If its these units you are looking at then these were a foot under water approx. 5 years ago
http://www.realestate.com.au/property-unit-vic-irymple-118431359