Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Any thoughts on Shortland? Bit further out but near the uni and seems to have good yield potential.
I'm also looking at Mayfield, I think there is still potential there for both CG and CF.
I have had 3 tenants in 3 years and the quality hasn't been great , i had to drop the rent $20 with the last lease agreement 3/3/15.
That's really interesting thanks for the info.
Would you say to avoid Mayfield because it's becoming harder to rent out or are you seeing CG potential?
As you say, surrounding suburbs are a fair bit higher and it's perhaps losing it's industrial stigma.
I've noticed an increasing number of vacancies in Mayfield, 2 years ago there were around 40 houses listed for rent, last time I check there was around 80.
We had to drop the rent slightly on our Mayfield property to get someone in last time it was vacant.
How long have you held this place for? have you had decent gains?
Hi guys
went up to Newcastle (from Sydney) on the weekend.
Had a look at a whole bunch of suburbs and numbers just seem to stack up best in Shortland. I'm a bit concerned about developments being good or bad for the area and am a bit confused at why some places go for $100k more than others.
Does anyone have info on what developments are happening in Newcastle after the election?
Would love to have more info on this area - i'm keen!
Mayfield for example has done 16% CG averaged year-on-year for the last 15 years.
Just my 2c worth.