WA Buying/investing in Madeley

Discussion in 'Where to Buy' started by Martinez22, 14th Jun, 2018.

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  1. Martinez22

    Martinez22 Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    374
    Location:
    Perth
    Just wondering what your thoughts were on Madeley for investment potential?

    https://www.realestate.com.au/property/24-hollins-bend-madeley-wa-6065

    Have a relative selling this property in the low 600Ks, is this priced well? any feedback that can help the seller?

    Estimated rent $500 per week, so if purchased for say $610K the rental yield is 4% so not bad..