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From: Anonymous
Hi All
I have been looking at Tasmania (Hobart) recently and at the moment you can buy a 3 bedroom property brick and tile for about 55000 near the city. The interesting part is it will rent for 130 per week and is consistent with the rental market being very stable at present compared to other cities in Australia. The capital growth is virtually nil but hasnt moved much for ten years maybe it is about to?
Anyone have any thoughts? Would those sort of figures be good anyway?
It is tempting to buy 5 rental properties for the price of 2 in Melbourne at the moment.
Hi All
I have been looking at Tasmania (Hobart) recently and at the moment you can buy a 3 bedroom property brick and tile for about 55000 near the city. The interesting part is it will rent for 130 per week and is consistent with the rental market being very stable at present compared to other cities in Australia. The capital growth is virtually nil but hasnt moved much for ten years maybe it is about to?
Anyone have any thoughts? Would those sort of figures be good anyway?
It is tempting to buy 5 rental properties for the price of 2 in Melbourne at the moment.
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