With the huge uncertainty surrounding superannuation and tax issues. People are turning to investment properties.
Just a couple of tips for when you are looking to buy an investment property:
- Look for suburbs with yields of 8-16%.
- Purchase 20% below the median price.
- Look for units within 3km of a university.
- Make sure your cash flow projections cover other costs like repairs,
body corporate, tenant placement costs etc.
Contact myself on 0418 825 222 or our property management team on 8364 1700 for advice prior to purchasing.
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