Hey everyone, First the information on here is priceless and thank you for your time and still find it very hard to find a starting point. I am fortunate enough to be in a financial position to buy a second property and put my family in a better finical position in the future. I have pre-approval for a 800k refinance loan but would rather spend 550k. I've been looking for a IP in Bendigo, Cairns, sunshine coast, Modbury Sa , Brisbane and Bundaberg with a 6% rental yield and still potential for growth in the next 10 years. I feel like I'm a bit out of my depth here and would appreciate some guidance on where to buy or referral to a trust worthy professional. Kind regards,
Hi Juz961. Full transparency here, I work for a digital buyer's agency. We have done a thorough analysis of Brisbane and surrounding areas to identify the top 1% of properties worth investing in, with the potential to drive high capital growth and above-average rental yield. With my knowledge, a +6% yield for a property in the $800k range will be difficult to achieve, however, you may be able to achieve this by purchasing multiple properties with the same budget. As an example, we've recently secured a property in Dakabin that is currently achieving a 6.1% yield and another in Heatley with 7.4% yield. These areas are worthy of consideration due to the limited supplies in the area and ultra-low vacancy rates, plus, the growth potentials are only starting in these areas as of late.
