OK. I am officially confused and frustrated now.
I am looking to buy my third IP before my wife goes on maternity leave as it may (or may not) effect the loan process.
I am looking.. well anywhere and everywhere. I have 2 IPs in Sydney, so was trying to spread wings to Brisbane, Vic or WA.
My budget is 350k-400K and looking for houses with land in a rentable condition, with good (neutral will do) yields and can be developed/subdivided later in the future.
So far, in Sydney, I looked at from Blacktown to Mount Druitt, Casula and surrounds. Looking currently at Penrith and surrounds.
I got recommendations to look at some suburbs in WA (Girrawheen, forrestfield and nearby) QLD (wynnum, Manly, etc) and Vic (Sunshine west, Thomastown, Epping and nearby).
Some had poor yields, some were too overpriced and some got snapped up pretty quick. Not knowing good suburbs and areas in these states impaired my search a lot.
I did ask several times on the forum regarding specific suburbs, but I am still totally lost and back to square one.
Can someone provide me more options based on the budget and criteria, please?
I am looking to buy my third IP before my wife goes on maternity leave as it may (or may not) effect the loan process.
I am looking.. well anywhere and everywhere. I have 2 IPs in Sydney, so was trying to spread wings to Brisbane, Vic or WA.
My budget is 350k-400K and looking for houses with land in a rentable condition, with good (neutral will do) yields and can be developed/subdivided later in the future.
So far, in Sydney, I looked at from Blacktown to Mount Druitt, Casula and surrounds. Looking currently at Penrith and surrounds.
I got recommendations to look at some suburbs in WA (Girrawheen, forrestfield and nearby) QLD (wynnum, Manly, etc) and Vic (Sunshine west, Thomastown, Epping and nearby).
Some had poor yields, some were too overpriced and some got snapped up pretty quick. Not knowing good suburbs and areas in these states impaired my search a lot.
I did ask several times on the forum regarding specific suburbs, but I am still totally lost and back to square one.
Can someone provide me more options based on the budget and criteria, please?