WA Where to buy as an Investment in Perth ?

Discussion in 'Where to Buy' started by Thiaga, 23rd Jun, 2017.

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  1. JL1

    JL1 Well-Known Member

    Joined:
    24th Dec, 2016
    Posts:
    1,134
    Location:
    Australia
    Strata fees might be the deal breaker when property gets this cheap. Theres a block in highgate (Tower Ridge) that had some 2 bedders going for 250k, maybe less even. problem was strata at 900+/qtr. Add in council and water rates and that's nearly 50% of your rental income gone before you've even made a loan repayment.
     
    Perthguy likes this.
  2. Aaron Sice

    Aaron Sice Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,588
    Location:
    Ocean Reef, WA
    I used to own one in this area and it was 400qtr. Not too bad I guess but strata fees are the killer.