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Forum: Australia
Dec 23rd 2016, 9:39 pm
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

As always, I need to pull up your propaganda based on your mining crash experience of Perth to deliver the facts about Australia as a whole.

Perth is a little micro climate and mining accounts for...
Forum: Australia
Dec 21st 2016, 5:18 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Slightly related topic.

I know a couple of people, and heard some stories from real estate agents recently, of people in Sydney who have struggled to get finance from banks after they have signed...
Forum: Australia
Dec 20th 2016, 7:03 pm
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Agree. I have seen plenty of strata's which has council rates component on top of water and strata.
Forum: Australia
Dec 16th 2016, 7:14 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

You still pay rates on most strata's.
Forum: Australia
Dec 15th 2016, 9:51 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Yeah, every unit owner pays 50k.

At least with your own place you decide on the up keep, you decide, and you decide when you pay for things that need rectifying.
Forum: Australia
Dec 15th 2016, 6:20 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Also, apartments generally hit you with a strata and often a levy when your slabs develop concrete cancer. Its not nice getting an invoice for 50k.
Forum: Australia
Dec 15th 2016, 12:26 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Actual income. You haven't made any money off GC yet.
Forum: Australia
Dec 14th 2016, 8:41 pm
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

But when all is done, how much money do you actually make? A few grand?
Forum: Australia
Dec 14th 2016, 8:45 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Really? I just checked Mermaid Beach, Coolangatta, and Broadbeach and they all gave some pretty disappointing yield results.

Some wildy varying growth results though. On one hand houses have...
Forum: Australia
Dec 14th 2016, 12:11 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Ultimo did have good yield a year or so back. Not sure about now.
Forum: Australia
Dec 13th 2016, 11:32 pm
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

+4



For QLD about a year ago Caboolture had excellent yield. Not sure today
Forum: Australia
Dec 13th 2016, 10:50 am
Replies: 56
Views: 11,783
Posted By Beoz

Re: Buy-to-Let in Australia....good source of income??

Current yield.

http://www.realestate.com.au/advice/get-best-rental-returns/

What's likely to get you the best growth? Well where's the lowest supply and biggest demand? Probably somewhere in...
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