WA Perth: Buying vacant land for PPOR

Discussion in 'Where to Buy' started by Gypsyblood, 1st Jan, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
Page 2 of 2
  1. Gypsyblood

    Gypsyblood Well-Known Member

    Joined:
    12th Dec, 2016
    Posts:
    522
    Location:
    Melbourne
    3 days is great! What yield would you realistically expect around places which are within 10 km of cbd?
     
    Gypsyblood, 11th Feb, 2017
    #21
  2. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    11,767
    Location:
    Perth
    Not good. I can run some numbers tomorrow but don't expect much. Prices are down but rents are down too.
     
    Perthguy, 11th Feb, 2017
    #22
  3. JL1

    JL1 Well-Known Member

    Joined:
    24th Dec, 2016
    Posts:
    1,134
    Location:
    Australia
    I second this. When i last put my townhouse in highgate up a year and a half ago i had 3 prospects the first weekend it was open. Ended up landing a tenant who hasn't skipped a beat since they moved in. Even at the stupid price i paid at peak of the market in 2014 I am still making 4.75% gross now.
     
    JL1, 11th Feb, 2017
    #23
    Perthguy and Gypsyblood like this.
Page 2 of 2
Build Passive Income WITHOUT Buyers Agents!

Build Passive Income WITHOUT Dropping $15K On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia