Hi all,
I am looking to invest around $200,000 for my first investment property. I am looking to get my feet wet in property investing and don't necessarily plan to keep my first property long so I am giving more consideration to yields rather than capital gains.
The Central Coast has caught my eye as a potential starting point for the following reasons:
- The Coastal lifestyle (desirable for an ageing population)
- 6 - 7% yields
- Proximity to the two largest cities in NSW
- Rail and F3 access to both said cities.
- Limited land available east of the F3.
- Proximity to coal operations (some of which have pending applications for expansion).
- Warnervale airport
- Proposed development: Wyong Employment Zone (Warnervale), Chinese Theme Park, Munmorah Power Station, Magenta Shores Tourist Facility, Kellogg's Factory
The beaches are beautiful and I have always considered Wyong Council as very innovative and proactive.
Please share your opinions!
I am looking to invest around $200,000 for my first investment property. I am looking to get my feet wet in property investing and don't necessarily plan to keep my first property long so I am giving more consideration to yields rather than capital gains.
The Central Coast has caught my eye as a potential starting point for the following reasons:
- The Coastal lifestyle (desirable for an ageing population)
- 6 - 7% yields
- Proximity to the two largest cities in NSW
- Rail and F3 access to both said cities.
- Limited land available east of the F3.
- Proximity to coal operations (some of which have pending applications for expansion).
- Warnervale airport
- Proposed development: Wyong Employment Zone (Warnervale), Chinese Theme Park, Munmorah Power Station, Magenta Shores Tourist Facility, Kellogg's Factory
The beaches are beautiful and I have always considered Wyong Council as very innovative and proactive.
Please share your opinions!