WA East Cannington 3 bed unit

Discussion in 'Where to Buy' started by ellejay, 27th Nov, 2017.

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  1. ellejay

    ellejay Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,192
    Location:
    Kimberley and NZ
    I wouldn't usually be looking at this but an option came up close to transport etc, looks neat and tidy, rented out. I know nothing about the area, can anyone advise? I don't think cash flow is amazing pp would be around $360k and rent $330. BC $300 pq . Tempted because I love Perth and would be a purely speculative buy.
     
    ellejay, 27th Nov, 2017
    #1
  2. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
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    11,767
    Location:
    Perth
    It's a bit of a nothing suburb. Bland an inoffensive? There has been a lot of development which has improved the area. The downside is a lot of units. Upsides are price vs proximity to CBD, good rail links, a big new sports/pool/gym facility and huge upgrades to Carousel. Are you looking north or south of the rail line?
     
    Perthguy, 27th Nov, 2017
    #2
    ellejay likes this.
  3. ellejay

    ellejay Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,192
    Location:
    Kimberley and NZ
    Pm'd you.
     
    ellejay, 27th Nov, 2017
    #3
    Perthguy likes this.