People's views as to this Canberra property for an IP?

Ditto for all of the above (except for recommending Ngunnawal but that is another story).

About the unit in O'Connor, it looks ok at first but check the following:

- it is most likely an old ex govvie aaprtment block. Which has a shared laundry, shared clotheline and insecure car parking.

Depending on the tenant, the shared laundry, clotheslines and insecure car parking is a big turn off - however if you are going for the uni student market then they may not care.

Someone has already mentioned about the size of this place. Make certain that it is >50 sq m, otherwise you may problems in getting finance. If it is an old ex govvie one bedrom unit then it may sit around 42-45 sq m.

O'Connor is a good suburb though and you won't be short of a tenant in that area (unless you price yourself out of the market). Don't make price comparison to the newer apartments in the area though.


Good luck


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