VIC Good rental yield suburbs atm in Vic

Discussion in 'Where to Buy' started by Tyron Cabral, 11th Mar, 2017.

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  1. Tyron Cabral

    Tyron Cabral New Member

    Joined:
    21st Apr, 2016
    Posts:
    1
    Location:
    Delahey
    hi
    I am looking for a good rental yield suburbs in Vic to invest. Around the 400K mark.

    or

    even a big size land with the potential to build units on there.

    Just researching for now, looking to buy in the next 6 months probably

    Thanks
     
    Tyron Cabral, 11th Mar, 2017
    #1
  2. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,500
    Location:
    Melbourne
    Melbourne CBD 3000
    No yield like it.

    The Y-man

    (preparing flak jacket)
     
    The Y-man, 11th Mar, 2017
    #2
  3. JL1

    JL1 Well-Known Member

    Joined:
    24th Dec, 2016
    Posts:
    1,134
    Location:
    Australia
    I actually agree that its worth a look for someone who isn't set on buying right now and can take advantage of the coming price falls. Given the more stringent planning regulations and push for quality (read, higher priced) apartments, this down-cycle may be the last one that you can snag a Melbourne CBD apartment for under 400k, especially if it has parking. Not sure how much strata and rates are in the city, but gross yields are looking pretty decent (noted that may change as more supply hits the market).
     
    JL1, 11th Mar, 2017
    #3