I agree - I'm not seeing too many high yield properties in Sydney. Granted, I have been looking around the inner west ( the area I'm most familiar with) and I know others on this forum (eg. Witzl's example buy) have been in the west.
Am having trouble getting started with my 1st IP because the yield is so unattractive in the suburbs I know best - definitely negatively geared at current IR - what will it be like when interest rates rise?
Am having trouble getting started with my 1st IP because the yield is so unattractive in the suburbs I know best - definitely negatively geared at current IR - what will it be like when interest rates rise?