IP in Port Macquaire or QLD

Discussion in 'Where to Buy' started by Krug_IP, 27th Jan, 2017.

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  1. Krug_IP

    Krug_IP New Member

    Joined:
    27th Jan, 2017
    Posts:
    1
    Location:
    Nyngan
    Hi Guys,

    I am looking for some advise on an IP. I am looking at buying a stand alone 3B 1+B house in Port Mac or QLD for $400 - $450k. Would like to hold onto it for 5-10 years with the intent of gaining capital growth with a high yield not being overly important. The yield currently on a $400k house is approx. 5% in Port Mac.

    Thinking of IO loan with an offset.

    Thoughts or comments on Port Mac or QLD?

    Cheers
     
    Krug_IP, 27th Jan, 2017
    #1
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