Investment Property WA
Dec 8th 2012, 9:52 pm
#1
Possum. Amiculum. Latrina
Thread Starter
Joined: Jan 2011
Location: Footloose
Posts: 3,427
Investment Property WA
Looking around for small opportunities in WA to invest some money now I'm a permanent resident. Does anyone have a rental property? I've been looking at the possibility of 2 bed flats in the city (Murray Street area) and thinking that can't be a bad idea and quite tax friendly. Any more obvious areas elsewhere?
Dec 9th 2012, 12:29 am
#2
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Investment Property WA
Looking around for small opportunities in WA to invest some money now I'm a permanent resident. Does anyone have a rental property? I've been looking at the possibility of 2 bed flats in the city (Murray Street area) and thinking that can't be a bad idea and quite tax friendly. Any more obvious areas elsewhere?
Go for it.
Dec 9th 2012, 2:12 am
#3
Possum. Amiculum. Latrina
Thread Starter
Joined: Jan 2011
Location: Footloose
Posts: 3,427
Re: Investment Property WA
Looks like 6-7% ish is available and if there isn't any capital depreciation over the next three years or so then it should be a winner as interest rates will be way lower than that.
Dec 9th 2012, 2:14 am
#4
Banned
Joined: Jul 2012
Posts: 3,300
Re: Investment Property WA
What % yield are you getting from the investment? Where have you invested ? Or are you using them to offset your income tax??
Looks like 6-7% ish is available and if there isn't any capital depreciation over the next three years or so then it should be a winner as interest rates will be way lower than that.
Looks like 6-7% ish is available and if there isn't any capital depreciation over the next three years or so then it should be a winner as interest rates will be way lower than that.
Dec 9th 2012, 1:11 pm
#5
BE Forum Addict
Joined: Jan 2007
Posts: 3,991
Re: Investment Property WA
Joondalup and advertise on police forums etc...house full ofcops with everything to lose by being bad tennants. six months recruit course...sorted!
Dec 9th 2012, 1:18 pm
#6
Forum Regular
Joined: Sep 2012
Posts: 214
Re: Investment Property WA
I'd look at Nedlands, Claremont, Mosman Park or Fremantle. All on the river and with several yacht clubs nearby. Lots of uni students to rent to at UWA, or hospital staff. Mosman Park and Fremantle also close to the beach. Good public transport and shopping.
