Newby starting the search!

Discussion in 'Introductions' started by veloc, 20th Jan, 2020.

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  1. veloc

    veloc New Member

    17th Jan, 2020
    Hi all,

    I'm from WA, live in Perth, 29yo and never bought a property, but ready to start. Currently draining the internet (and this forum) of as much knowledge as I can!

    I am looking at starting out in Perth (region). Looking for IP, or PPOR that I can rent out in couple of years when move to the country.

    What should I be looking for?
    I see suburbs like Baldivis cheap as, and good yield, but no growth in sight.
    Similarly up north Clarkson etc potentially some growth. Or is suburbs like Nollamara, much closer to city, potential growth when stigma fades.

    Or potentially more bluechip suburbs like tuart hill?

    Or do I go full bluechip and put down more money?

    I only want to put max 100k on a deposit. I have more cash but first property I am sure won't be perfect. I earn >150k.

    I am recently married, wife has cash too but would like to somehow keep her financially isolated from my potential failures. How do people recommend doing this? Or not?

    I was hoping to go to the Meetup this weekend but will have to go to the next one!

    Stoffo likes this.