Difficult to get finance to buy
Difficult to sell to others who find it difficult to get finance
High management fees
High wear & tear student accom
Low CG
Difficult to get finance to buy
Difficult to sell to others who find it difficult to get finance
High management fees
High wear & tear student accom
Low CG
Difficult to get finance to buy
Difficult to sell to others who find it difficult to get finance
High management fees
High wear & tear student accom
Low CG
I agree totally. Can't even count the number of times I've seen the word "Broadway" appear in the many pages of ads on RE.COM.
It will be interesting to see what the impact will be of the recent immigration policy changes, too.
Had a look recently at some in Elizabeth Bay. As others have said, significant costs (body corporate, rates etc) makes the net yield low 4's%. Nothing special.
If you wanted a crash pad and a had a few hundred spare, maybe.